Table of Contents
HDFC
- Stocks to focus of HDFC Individual loan business continued to improve during the quarter ended 31 March 2021.
Tata Motors
- Tata Motors has shifted its defense business to Tata Advanced Systems for an upstream consideration of ₹ 227.7 crores.
- The transfer has been completed through the sale of a recession as per the scheme of arrangement approved by the National Company Law Tribunal in Mumbai and Hyderabad.
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Adani Enterprises
- Adani Road Transport (ARTL), a wholly-owned subsidiary of Adani Enterprises, has received an award letter for the development of the six-lane Badkumari – Karki section of NH-130-CD Road under the Raipur-Visakhapatnam Economic Corridor in Odisha.
- Adani Enterprises, along with its wholly-owned subsidiary, Gare Palma II Collieries Private Limited, has signed a coal mining agreement with Maharashtra State Power Generation Company (Mahenco) for the development and operation of the Gare Palma Sector II coal mine.
Maruti
- Suzuki Motor Gujarat (SMG), a 100 percent subsidiary of Suzuki Motor Corporation for the production of automobiles in India.
- Maruti Has completed the construction of Plant C and commenced production from April 2021.
Hero Moto Corporation
- Hero MotoCorp sold 576,957 units of motorcycles and scooters in March 2021, registering a 72% increase on the same month of the previous year.
- The company sold 334,647 units in March 2020.
Britannia Industries
- Britannia Industries has declared an interim dividend at 6,200 percent i.e. 62 per equity share for the financial year 2020-21.
- However, the record date for determining shareholders’ eligibility for payment of an interim dividend has been set as 10 April.
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Nikita Dhyani is a passionate writer. She basically writes on Health, Finance, and Politics related topics. She has explored many areas of interest and is being a part of the journalism industry.