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Wednesday 17 February 2021

In News

Adani Ports: The company earmarked Rs 10,000 crore to build a new gateway into Maharashtra, and acquired Dighi Ports for Rs 705 crore.


L&T Finance Holdings: The company closed a rights issue of Rs 2,998.61 crore, which was oversubscribed by 15 percent.


TVS Srichakra: The company signed a Memorandum of Understanding with the Tamil Nadu government to facilitate the investment programme of Rs 1,000 crore.


Nestle India: The company reported higher profit at Rs 483.3 crore in Q4CY20 against Rs 472.6 crore Q4CY19; revenue rose to Rs 3,432.6 crore from Rs 3,149.3 crore YoY.


Heritage Foods: Heritage Novandie Foods, a 50:50 joint venture company between Heritage Foods and Novandie, France started commercial production.


Infosys: The US subsidiary completed acquisition of automated new business and underwriting platform from STEP Solutions.

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