Aswathiguna
February 27, 2025 at 03:03 AM
Stock in news….🗞️ IndiGo IndiGo said it is facing a fine of nearly Rs 14 lakh in relation to input tax credit and is evaluating necessary legal recourse. Religare Enterprises Burman family-controlled financial services firm Religare Enterprises approved the appointment of four directors -- Abhay Kumar Agarwal, Arjun Lamba, Gurumurthy Ramanathan and Suresh Mahalingam. Bharti Airtel Bharti Airtel and Tata Group are in bilateral discussions to explore a potential transaction to achieve a combination of Tata's DTH business housed under Tata Play Limited, with Airtel in a structure acceptable to all parties. Wipro Wipro said it will be committing $200 million to its venture arm, Wipro Ventures, in its latest round of funding. This is the fourth round of funding raised by Wipro Ventures since its inception 10 years ago. Paytm The government has inked an agreement with Paytm under which the company would provide mentorship, infrastructure support, market access, and funding opportunities to startups. SpiceJet Trouble-hit SpiceJet turned profitable in the third quarter that ended December 2024 on the back of strong passenger demand and improved operational efficiency. The profit for Q3 stood at Rs 26 crore as against a loss of Rs 300 crore a year ago. KPI Green Energy Gujarat-based KPI Green Energy announced that its parent company, KP Group, has signed an MoU with the new and renewable energy department of Madhya Pradesh for developing 1.8 GW of renewable energy projects in the state. Tata Power Tata Power signed a MoU to develop 5,000 MW renewable projects in Assam with Rs 30,000 crore investment. Adani Green Adani Green arm Adani Saur Urja (LA) received a letter of award from UP Power Corporation for procurement of 1,250 MW energy storage capacity from Pumped Hydro Storage Projects. Coforge The Board of Coforge will meet on March 4 to consider a stock split. UltraTech Cement UltraTech Cement said it will set up wires and cables plant in Bharuch, Gujarat, with an expenditure of Rs 1,800 crore over next two years. Waaree Energies Waaree Energies received a order for supply of solar modules for 410 MWp From ABREL EPC, a wholly owned subsidiary of Aditya Birla Renewables. Bharat Electronics Bharat Electronics will consider interim dividend for financial year 2024-25 (FY25) on March 5. Varun Beverages Varun Beverages extended its SBC Beverages Ghana acquisition date to March 31, 2025, from February 28, 2025. Dr Reddy's The US FDA issued a establishment inspection report for company’s API Manufacturing Facility (CTO-2) in Hyderabad and classified the inspection as voluntary action indicated (VAI)
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