PNB Housing Finance

General Atlantic Singapore Fund FII Pte is likely to sell a 5.1% equity stake in the company through a block deal, according to CNBC-TV18 sources. The floor price for the deal may be Rs 775 per share, with the offer size likely to be Rs 1,032.7 crore.

Tata Chemicals

SES ESG Research (SES) has assigned an Environmental, Social, and Governance (ESG) Score (Adjusted) of 69.4 (Grade B) to Tata Chemicals based on data pertaining to FY24. The company did not engage SES for this ESG rating. SES independently prepared the report based on FY24 data available in the public domain.

Ola Electric Mobility

Ola's scooters S1 X 3 kWh and S1 X 4 kWh have received Certification for Compliance with the eligibility assessment requirements as per the Production Linked Incentive (PLI) scheme for the automobile and auto components industry

Larsen & Toubro

The Bombay High Court has quashed and set aside the show-cause notice issued by the GST authorities. The company had filed a Writ Petition in the Bombay High Court against the show-cause notice issued by the Principal Commissioner of GST and Service Tax, Mumbai, regarding a service tax demand of Rs 2,237 crore on an erstwhile subsidiary for tax already paid by the company with respect to certain transactions undertaken post-demerger.

NHPC

An incident of a landslide occurred at NHPC's 510 MW Teesta-V Power Station (Sikkim), affecting the TRT (tail race tunnel) gate hoist structure and part of the GIS building. The power station is currently not operational and is undergoing restoration works after the flash flood of October 2023.

Reliance Industries

Subsidiary Reliance Jio added 19.11 lakh subscribers in June, compared to the addition of 21.95 lakh subscribers in May. Its market share was 40.71% in terms of wireless subscribers as of June 2024.

Bharti Airtel

The telecom operator added 12.52 lakh subscribers in June, compared to the addition of 12.50 lakh users in the previous month. Its market share was 33.23% in terms of wireless subscribers as of June 2024.

Vodafone Idea

The third-largest telecom operator lost 8.60 lakh subscribers in June 2024, compared to a loss of 9.24 lakh users in May. Its market share was 18.56% in terms of wireless subscribers as of June 2024.

Exide Industries

Exide Industries has further invested Rs 75 crore in its subsidiary Exide Energy Solutions on a rights basis. With this investment, the total investment made by the company in the subsidiary stands at Rs 2,652.24 crore.

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