Apr 8, 2021
By: Rounak JainSEBI has imposed a penalty of ₹25 crore on Mukesh Ambani and other members of his family for an issue pertaining to shareholding in 2000.
Credit: BCCL
It has launched Airtel IoT, an integrated platform aimed at enterprises – MG Motor, Paytm, Pine Labs and others are already using these services.
Credit: BCCL
It has announced two key appointments – Subha Tatavarti as the Chief Technology Officer and Suzanne Dann as the Senior Vice President, North America.
Credit: Wipro
It has temporarily suspended the Lucknow-New Delhi Tejas Express till April 30 due to an increase in COVID-19 cases.
Credit: BCCL
It has opened qualified institutional placement of its equity shares at ₹125.79 per share, which is at a discount of 13.33 percent to April 7’s closing price.
Credit: Hindustan-Copper
It plans to expand its UK subsidiary – Switch Mobility, to India, aimed at continuing the company’s electric vehicle plans in the country.
Credit: Ashok-Leyland
Its offer to buy back 17.5 percent of equity shares was subscribed 57.5 percent.
Credit: Vedanta
It plans to raise ₹1,700 crore by way of a public issue of secured non-convertible debentures. The issue goes live today and will be open till April 29.
Credit: Muthoot-Finance
It expects growth percentage in sales to be around the thirties in the March 2021 quarter on the back of volume and price growth.
Credit: Godrej-Consumer-Products
It recorded its highest ever steel sales of 2.72 lakh tonnes, which is a growth of over 31 percent year-on-year.
Credit: Prakash-Industries