Bharti Airtel, Vodafone Concept: India’s first public sale of spectrum in 5 years attracted Rs 77,146 crore of bids on the opening day on Monday with Reliance Jio, Bharti Airtel, and Vodafone Concept collaborating within the bidding course of.
BPCL: Privatisation-bound
mentioned it can exit Numaligarh refinery in Assam by promoting its whole stake to a consortium of and Engineers India Ltd for Rs 9,876 crore.
Sterlite Applied sciences: Broadband know-how firm
introduced to have bagged offers of over Rs 700 crore from telecom corporations in Center East and Africa (MEA), taking the corporate’s complete order e-book to over Rs 11,300 crore.
IDBI Financial institution: LIC-controlled
will set off its gathered losses value Rs 45,586 crore in opposition to the steadiness within the securities premium account, in accordance with the financial institution’s draft scheme.
Siemens: The corporate introduced that it has accomplished the acquisition {of electrical} tools producer C&S Electrical in India after receiving regulatory approval from the Competitors Fee of India in August final yr.
Oil India: The federal government has requested Oil India to relocate its company head workplace to Assam from the Nationwide Capital Area following a large hearth in its oilfield that claimed three lives, displaced lots of of households, and took 5 months to douse.
Eicher Motors: Motorbike maker Royal Enfield on Monday reported a ten per cent enhance in complete gross sales at 69,659 items in February. The corporate had bought 63,536 items in the identical month final yr, Royal Enfield mentioned in a press release.
Energy Grid: State-run
(PGCIL) on Monday mentioned its board has accredited an interim dividend of Rs 4 per share for 2020-21. The interim dividend shall be paid to the members on March 30, 2021, the corporate mentioned in a BSE submitting.
Kotak
Mahindra Financial institution: The financial institution introduced a 0.10 share level minimize in its residence mortgage charges for a restricted interval, claiming its providing to be the bottom available in the market.
Hero MotoCorp: The nation’s largest two-wheeler maker
reported a 1.45 per cent enhance in complete gross sales at 5,05,467 items in February.
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