| The country's largest software company fixed November 25 as the record date for determining the entitlement and eligibility of equity shareholders for participation in the company’s share buyback plan. The information technology bellwether will repurchase up to 4.09 crore shares (1.12% of the total equity share capital) at ₹4,150 apiece in a buyback valued at ₹17,000 crore.
Bajaj Finance | In a regulatory move, the Reserve Bank of India (RBI) directed non-bank lender to immediately cease the sanction and disbursal of loans under its 'eCOM' and 'Insta EMI Card' lending products. The central bank's intervention comes in response to Bajaj Finance's non-adherence to the existing provisions of the RBI's digital lending guidelines.
Dabur | Homegrown FMCG maker said Dabur International and Dermoviva Skin Essentials have been dismissed as defendants in federal cases before the US District Court for the Northern District of Illinois. The dismissal was based on the lack of personal jurisdiction, as neither Dabur nor Dermoviva had any involvement in manufacturing, marketing, distributing, or selling hair relaxer products in the US.
Rategain Travel | Travel technology company has launched its qualified institutional placement (QIP) to raise ₹600 crore ($72.2 million), sources privy to the developments told CNBC-TV18. The company's move involves a base issue of ₹400 crore, accompanied by an oversubscription option of ₹200 crore, as per the sources.
VST Tillers Tractors | Farm equipment manufacturer has unveiled three new tractors, including its indigenously-developed electric tractor, at AGRITECHNICA 2023 in Hanover, Germany. The three products — 929 EV, 932 DI with Stage V engine, and 929 with HST transmission — are on display at AGRITECHNICA, the seven-day exhibition that commenced on November 12, 2023.
Suzlon Energy | Renewable energy solutions provider said its S144 – 3 MW series of wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy (MNRE). This listing marks an important milestone for the successful commercialisation of the product, the company stated in a regulatory filing at exchanges.
