Lakshmi Vilas Bank: Singapore’s DBS will inject Rs 2.5 billion into DBS Bank India for the proposed merger with Lakshmi Vilas Bank (LVB), which has liquidity problems, and which was subject to a moratorium on Tuesday.
Mahindra Logistics: The supply chain management service provider has established a ‘Built-to Suit’ storage capacity in the Kancheepuram district, the company said on Tuesday.
Tanla platforms: Two foreign private equity players have bought stakes in GSO Capital Partners’ cloud communication service provider Tanla Platforms, the hedge fund and the credit investment arm of the Blackstone group, through block deals.
DHFL: Voting on the final four bids to decide the new owner of the debt-laden company was postponed after a city court halted the exercise, likely to determine the views of the then industry regulator, and refinancer, who had advanced. funds to the mortgage lender in default.
ONGC: India’s top oil and gas producer ONGC said its capex for the current fiscal year is likely to be close to the target of Rs 32,500 crore as it is doubling down on efforts to make up for lost time due to the pandemic.
DLF: Realty major DLF Ltd said Tuesday that it has been recognized as an index component of the Dow Jones Sustainability Indices (DJSI) in the emerging markets category.
Dependency Industries: Reliance Jio has urged telecoms regulator Trai to draw up a mandatory schedule for periodic spectrum auctions to ensure telecom operators do not have to wait long for radio waves to meet their network requirements.
BPCL: Bharat Petroleum, which is the national coordinator for ethanol blending by state refineries, is confident of meeting the government’s new target of blending 10 percent biofuel with gasoline by 2022 with the latest addition of maze to the list. of raw materials for green fuel. .
REIT of embassy office parks: The first publicly traded REIT and the largest entity of its kind in the country acquired a 9.2 million square foot Embassy TechVillage in Bengaluru from Embassy Group, Blackstone and other investors for Rs 9,782.4 crore.
Eveready Industries: IndusInd Bank has sold 2.4 million shares of Eveready Industries India, Reuters reported.
Action building kit: Vantage Equity Fund, managed by Kenneth Andrade’s Old Bridge Capital, bought Rs 6.31 lakhs of Action Construction Equipment shares in a bulk deal on Tuesday.
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