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Reliance Industries: Reliance Consumer Products, the FMCG arm of Reliance Retail Ventures will acquire 50% in stake in Gujarat-based Sosyo Hajoori Beverages.
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Advanced Enzyme Technologies: The company acquired 50% stake in Saiganesh Enzytech Solutions, and additional 4.83% stake in subsidiary JC Biotech.
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Satin Creditcare Network: The board will meet on Jan. 6 to consider raising funds through private placement of non-convertible debentures.
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RailTel Corporation of India: The company received a work order worth Rs 186.19 crore from South Eastern Coalfields for providing MPLS VPN services at 529 Locations under SECL Command Area for the period of five years.
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NTPC: The company commissioned India’s first green hydrogen blending project in the piped natural gas network of NTPC Kawas township, Surat.
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Equitas Small Finance Bank: The Reserve Bank of India allowed SBI Funds Management to acquire up to 9.99% shareholding of the bank through the schemes of SBI Mutual Fund.
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PNC Infratech: The company’s subsidiary Akkalkot Highways received appointed date of Dec. 28, 2022, for construction of six-lane with access controlled greenfield highway on a section of NH-150C under Bharatmala Project.
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LTIMindtree: Venugopal Lambu resigned from the position of whole-time director and president, Markets II, effective Jan. 10.
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Can Fin Homes: The company appointed Apurav Agarwal as chief financial officer, effective Jan.4, 2023, after the resignation of Prashanth Joishy from the post.
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Themis Medicare: The company launched Lenzetto, a global brand of Estradiol Novel Drug Delivery System for treatment of menopausal symptoms.
– The lender assigned loans worth Rs 8,892 crore, against Rs 7,468 crore in corresponding quarter last year.
– Loans sold in the preceding 12 months increased to Rs 35,937 crore from Rs 27,591 crore in the previous year.
– The gross income from dividend increased to Rs 482 crore from Rs 195 crore last year.
– The total aluminum out declined 2% to 566,000 tonnes
– Integrated zinc output fell 2% to 210,000 tonnes
– Power sales increased 5% to 3,616 million units.
– Revenue from operations rose 24.7% to Rs 11,304.58 crore.
– The company added four stores during the quarter.
– Net advances increased 19% to Rs 2.72 lakh crore.
– Deposits grew 14% to Rs 3.26 lakh crore.
– CASA ratio declined to 42% from 42.4%.
– Total deposits increased 9.11% to Rs 1,09,497 crore.
– CASA deposits grew 11.33% to Rs 36,460 crore.
– Gross advances increased 17% to Rs 78,049 crore.