Reliance Industries: Reliance Retail to acquire retail & wholesale and the logistics & warehousing business of the Future Group for Rs 24,713 crore.
RBL Bank: Vishwavir Ahuja, Managing Director & CEO of the bank, sold 18,92,900 shares of RBL Bank on 27th & 28th of August, 2020, for approximately Rs 38.52 crore.
Paramount Communications: The company's consolidated revenue for Q1FY21 stood at Rs 85.83 crore against Rs 152.65 crore YoY. Net loss at Rs 1.6 crore against profit of Rs 6.62 crore YoY.
ICICI Prudential Life Insurance: Raghunath Hariharan tendered his resignation as a Director of the company on August 28. The company appointed Wilfred John Blackburn as a non-executive (Additional) Director.
Ramkrishna Forgings: Board in a meeting on September 2 will consider raising up to Rs 150 crore.
RITES: The company announced final dividend of Rs 6 per share in addition to already paid interim dividend of Rs 10 per share.
J&K Bank: The board of directors approved raising up to Rs 4,500 crore capital.
IRB Infrastructure Developers: CRISIL cut company's long term rating to A from A+.
ITC: Board of directors will meet on September 4 to consider amalgamating 3 subsidiaries (Sunrise Foods, Hobbits International Foods and Sunrise Sheetgrah) with itself.
Indiabulls Ventures: Company will raise Rs 588 crore via preferential issue.
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