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IRFC, HCLTech, Reliance Industries, Bharat Forge and other stocks will be on investors' radar on Thursday, June 25, following a series of corporate an...
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Bharti Airtel | S&P has upgraded Bharti Airtel’s rating to BBB+ from BBB, citing the company’s growth outlook in India and Africa. The rating upgrade was driven by strong earnings and debt reduction.
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IRFC | The government will exercise the greenshoe option in the Offer for Sale (OFS) of Indian Railway Finance Corporation (IRFC), according to DIPAM. The decision comes after the OFS received strong investor interest, with the issue being oversubscribed 1.86 times on the first day of bidding.
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HCL Technologies Ltd. | The company announced two strategic partnerships aimed at boosting its artificial intelligence-led offerings across the telecom and enterprise technology segments.
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Reliance Industries Ltd | Karkinos Healthcare, a 100% step-down subsidiary of RIL, has reported that it has completed HPV DNA screening for over one lakh women across India, marking a key milestone in its efforts to expand cervical cancer prevention and early detection services.
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NLC India Ltd | NLC India Renewables Ltd (NIRL), a subsidiary of NLC India, has signed a joint venture agreement with OREDA Ltd for the development of green energy projects in Odisha.
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Life Insurance Corporation of India | LIC on June 24 said that its Chief Financial Officer and Key Managerial Personnel, Sunil Agrawal, has resigned from his position to pursue better prospects.
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Bharat Forge Limited | The company said its wholly owned subsidiary, BF Industrial Solutions Limited (BFISL), has completed the acquisition of 36 lakh equity shares of RS Aerostructures Limited, representing a 90% stake in the company on a fully diluted basis. Following the completion of the transaction, RS Aerostructures has become a step-down subsidiary of Bharat Forge.
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Embassy Developments Ltd | The realty firm said it has signed a non-binding Memorandum of Understanding (MoU) with the Government of Uttar Pradesh for a proposed commercial real estate development in Lucknow with an estimated investment of around ₹1,500 crore.
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Jubilant Pharmova Ltd | Drug firm said its wholly owned step-down subsidiary Jubilant Generics Ltd (JGL) has received an order from the Income Tax Department in the matter relating to Assessment Year 2023–24.
