Ashok Leyland

The company has secured an order worth Rs 345.58 crore for supplying 1,475 BSVI diesel fuel-type passenger bus chassis to the Tamil Nadu State Transport Corporation. Meanwhile, LLC Ashok Leyland Russia, a step-down subsidiary of the company, has been voluntarily liquidated.

Godrej Industries

The company has acquired a 26% equity stake in Clean Max Kaze, a subsidiary of Clean Max Enviro Energy Solutions.

GR Infraprojects

The company has received a letter of intent for a transmission project in Karnataka. The quoted price for the project is Rs 107.7 crore per annum.

Bajel Projects

The company has received a supply of goods and services contract from Solapur Transmission (a project SPV company of Torrent Power) for EPC work for the establishment of a new 400/220KV Solapur substation.

Yes Bank

The Reserve Bank of India has approved the appointment of Manish Jain as Executive Director of Yes Bank for a period of 3 years, effective December 11.

Zomato

The food delivery giant has received an order from the Joint Commissioner of CGST & Central Excise, Thane Commissionerate, Maharashtra, demanding GST of Rs 401.7 crore with interest as applicable, and a penalty of Rs 401.7 crore, for the period from October 29, 2019, to March 31, 2022.

CRISIL

The Board has approved an investment of Rs 33.25 crore in Online PSB Loans, to acquire a 4.08% stake in it. The investment is subject to negotiating the definitive shareholders’ agreements.

NACL Industries

The Board has appointed Anish T Mathew as Chief Financial Officer of the company, effective December 13, after R K S Prasad stepped down as Chief Financial Officer of the company, effective December 12. As part of his transition to retirement, scheduled for March 31, 2025, R K S Prasad will continue with the company in an advisory capacity, designated as the Group Financial Advisor.

NHPC

The Board has approved the company's revised borrowing plan for raising debt up to Rs 6,900 crore for FY25, and approved the issuance of non-convertible AE-Series bonds up to Rs 2,600 crore in one or more tranches through private placement, as part of the borrowing plan for FY25.

Tata Motors

The country’s largest commercial vehicle manufacturer announced a price increase of up to 2% across its trucks and buses portfolio, effective January 2025. The price increase is aimed at offsetting the rise in input costs.

JK Tyre Industries

The company has received a 30 million euro loan for the expansion of production capacities in Madhya Pradesh.

Adani Green Energy

The company's subsidiary, Adani Renewable Energy Holding Nine, has incorporated three wholly-owned subsidiary companies: Adani Green Energy Sixty Five, Adani Green Energy Sixty Six, and Adani Green Energy Sixty Seven.

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