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By Malvika Gurung
Investing.com — Infosys: The IT giant will acquire the German digital marketing agency Oddity for 50 million euros, approximately Rs 419 crore.approximately Rs 419 crore.
TCS (NS:): The IT behemoth’s buyback issue opened on March 9 and will close on Wednesday. Besides, the giant is prepared to set up a 5G network for any telecom operator anywhere around the world.
HCL Technologies (NS:): The company signed an agreement with the US-based IT company Neoris to jointly offer integrated IT solutions globally. This will enable the companies to expand their services and operations across new regions and markets.
Adani Power (NS:): The company’s board approved merging six subsidiary companies with it, including Adani (NS:) Power Maharashtra, Adani Power Rajasthan, and Raigarh Energy Generation, among others.
SBI (NS:): The public sector lender acquired a 7.84% stake in the e-commerce platform Open Network For Digital Commerce for Rs 10 crore.
Karnataka Bank (NS:): The private lender will issue Basel III compliant bonds to raise up to Rs 300 crore, which was approved by its board of directors in a meeting held on Tuesday.
Adani Ports and Special Economic Zone: The logistics company has exceeded the milestone of handling cargo of 300 mt before the ongoing financial year ends in March, and sets an ambitious target of reaching 500 MMT by 2025.
Indiabulls (NS:) Housing Finance: The mortgage lender’s board has approved the fundraising of up to Rs 50,000 crore through NCDs and/or bonds.
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