Stocks in the news
Srei Infrastructure Finance: In a BSE filing, subsidiary Srei Equipment Finance said it had received an expression of interest for up to $250 million capital infusion in the company from international PE funds. The international private equity funds are US-based Arena Investors LP and Singapore's Makara Capital Partners.
CEAT: CEAT in its BSE filing said it had entered into a Third Addendum Agreement to the existing Share Subscription and Shareholders' Agreement with Tyresnmore Online Private Limited, an associate of the company and other parties, for making a future investment of up to Rs 2.4 crore in Tyresnmore, to acquire additional 3.47 percent of the post issue total share capital of Tyresnmore. Upon completion of the investment, the total holding of CEAT in Tyresnmore would be 44.17 percent.
Zensar Technologies: Zensar Technologies has entered into a global strategic partnership with US-based Claimatic. This new, innovative partnership leverages the respective strengths of Claimatic and Zensar to create compelling value for both companies and their mutual clients, the company in its BSE filing said.
Ashok Leyland: Ashok Leyland's unit Switch Mobility Automotive and Siemens have entered into a Memorandum of Understanding to build a co-operative technological partnership in the electric commercial mobility segment and execute eMobility projects in India. "Siemens' charging infrastructure management software solution would enhance the energy-efficient operations of the chargers," the company in its BSE filing said.
Thyrocare Technologies: Arindam Haldar resigned from his current post - Chief Executive Officer - of Thyrocare Technologies, for personal reasons. He had joined Thyrocare Technologies in September 2020.
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