HDFC Bank: Private lender HDFC Bank on Tuesday said that the bank's board of directors proposes to raise ₹50,000 crore through bonds in the next twelve months on a private placement basis. The private lender's board of directors are to meet on 15 April 2023, said HDFC Bank in its regulatory filing.
ONGC: State-run Oil and Natural Gas Corporation Limited (ONGC) has commissioned a new gas collecting station (GCS) in its Bokaro coal bed methane block. It is the first gas collecting cum gas compression station in the Bokaro CBM Block.
LIC: LIC on Tuesday said that it has appointed PC Paikray as Chief Risk Officer and Ratnakar Patnaik as Chief Investment Officer. Ratnakar Patnaik, who has been appointed as Chief Investment Officer, will replace P R Mishra, who has been transferred and posted to another assignment. His appointment as CIO came into effect from April 10, 2023.
Adani Enterprises: Adani Enterprises Ltd (AEL) on Tuesday said it has incorporated a wholly-owned subsidiary for carrying out coal washery-related business. "The company has incorporated a WOS Pelma Collieries Ltd (PCL) on April 7, with an initial authorised share capital of ₹10,00,000 and paid-up share capital of ₹5,00,000.
Delhivery: Internet Fund III Pte Ltd, the venture capital fund managed by US-based investment management company Tiger Global Management, offloaded shares of Delhivery in the market. The venture capital fund, Internet Fund III Pte Ltd offloaded 11,753,735 shares at an average price of ₹330 via open market transactions on Tuesday.
Sula Vineyards: The largest wine producer in the country, announced March 2023 quarterly sales figures. In Q4, Sula recorded the highest-ever annual revenues in both its own brands and wine tourism business. Sula registered an upside of 15% in own brands sales to ₹104.3 crore during the March quarter as compared to ₹90.7 crore in the corresponding quarter last fiscal.
Kalpataru Power Transmission: Kalpataru Power Transmission Ltd (KPTL) and its arms have bagged orders worth ₹3,079 crore in March and April so far this year. The orders include civil works for a data centre and buildings of ₹1,234 crore, an EPC order of ₹754 crore in railway business and water supply projects of ₹708 crore in India.
Delta Corp: Delta Corp, a casino gaming company, has registered a 6.4% year-on-year growth in profit in Q4 of FY23 at ₹51.17 crore. The results were impacted by weak operating performance. Consolidated revenue grew by 4% YoY to ₹227.16 crore. On the operating front, EBITDA fell by 12.8% YoY to ₹60.18 crore. The overall margin declined by 510 bps to 26.5% for the quarter.
Abans Holdings: Abans Investment Managers Pvt Ltd, a subsidiary of Abans Holdings Ltd on Tuesday said that it has acquired the portfolio management services (PMS) business of SATCO Capital Markets Limited. SATCO Capital Markets Ltd through its PMS license manages ₹80 crore AUM in SATCO Growth & Momentum Portfolio since January 2012 which will be taken over by Abans Broking Services Pvt Ltd.
NLC India: Shareholders of NLC India Ltd have approved the appointment of Prasanna Kumar Motupalli as Chairman and Managing Director (CMD) of the company. The members of NLC India have passed the ordinary resolution approving his appointment to the top post, the company said in a regulatory filing on Tuesday.
