IndusInd Bank
IndusInd Bank has taken decisive measures to address the identified legacy issues in treasury and microfinance as part of its efforts to come out of the financial mess caused by past frauds, the bank’s chairman Sunil Mehta has said.
Godrej Properties
Mumbai-based Godrej Properties (August 20) announced the acquisition of a 7% stake in Godrej Skyline Developers (GSDL) for a total consideration of Rs 9.25 lakh from existing shareholders.
Clean Sciences
Promoters Ashok Boob and Krishna Boob are likely to sell up to 24% stake in Clean Sciences through a block deal, according to reports.
Exide Industries
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Exide Industries has invested Rs 100 crore in its wholly-owned subsidiary, Exide Energy Solutions through a rights issue.
Vedanta
Vedanta has informed the NCLT about its intention to issue a corporate guarantee, which will be in favour of the Ministry of Petroleum and Natural Gas (MoPNG).Jupiter Wagons
Jupiter Wagons received letter of intent worth Rs 215 crore for supply of 5,376 wheelsets for Vande Bharat Train.India Cements
UltraTech board approved selling up to 6.49% stake in India Cements via OFS.