1 / 8SBI Card | Pure play credit card issuer on Tuesday said its board has approved an interim dividend of ₹2.50 per equity share for the financial year 2023-24. The record date for the purpose of determining the entitlement of payment of the interim dividend is Thursday, March 28, 2024, and the said interim dividend will be credited/dispatched on or before April 17, 2024, SBI Card said.
2 / 8Vodafone Idea | Telecom operator on Tuesday said ATC Telecom Infrastructure Private Ltd has requested the company to convert optionally convertible debentures (OCDs) amounting ₹1,440 crore into equity shares. "The company will be taking necessary action to allot the above-mentioned Equity Shares to ATC pursuant to the conversion of the said OCDs," Vodafone Idea said.
3 / 8TCS | IT major on Tuesday said the Central Bank in the US has selected TCS BaNCS to modernise its core technology infrastructure. Central Bank's strategic partnership with TCS aims to create frictionless and flexible customer onboarding processes, enabling continued growth for the bank, according to a stock exchange filing.
4 / 8Aurobindo Pharma | Drug firm on Tuesday said the company has received final approval from the US Food & Drug Administration to manufacture and market mometasone furoate monohydrate nasal spray, 50 mcg/spray. This nasal spray is deemed bioequivalent and therapeutically equivalent to the reference listed drug (RLD), Nasonex nasal spray, 50 mcg/spray, marketed by Organon LLC.
5 / 8Shakti Pumps | Water pump company on Tuesday opened qualified institutional placement (QIP) to raise up to ₹200 crore. The company has fixed the floor price at ₹1272.09 per share. The issue price will be determined by the company in consultation with the book-running lead managers appointed for the QIP issue, it said.
6 / 8UltraTech Cement | Fair trade regulator CCI on Tuesday granted approval to UltraTech Cement's proposed acquisition of Kesoram Cement Business from Kesoram Industries. The proposed combination relates to the acquisition of the grey cement business of Kesoram Industries Limited by UltraTech Cement Ltd pursuant to a composite scheme of arrangement dated November 30, 2023, according to a release.
7 / 8Persistent Systems | Mid-tier IT services company on Tuesday said it has executed a share purchase agreement (SPA) for the transfer of arm Persistent Systems UK from Ireland's Aepona Group to the company for GBP 7,430,000. Persistent Systems UK is engaged in the business of a telecommunication API gateway for defining, exposing, controlling and monetizing telecom services to partners and application developers.
8 / 8Adani Enterprises | A wholly-owned subsidiary of Adani Enterprises Ltd (AEL), Adani Tradecom Limited (ATL), acquired the remaining 49% stake in Adani Green Technology Ltd (AGTL) from Adani Trading Services LLP (ATS LLP) for ₹4 lakh, the flagship firm of billionaire Gautam Adani's conglomerate said on Tuesday.
