* Vodafone Idea: The board has approved a fundraising plan of Rs 20,000 crore via equity as the debt-laden telecom operator keeps the hunt on for new investors and fund the rollout of 5G. The promoters will also participate in the proposed equity raise.
* Axis Bank: The Reserve Bank of India has approved the appointment of Munish Sharda as executive director and full-time director of the company.
* Zee Entertainment Enterprises: The company has expanded the scope of its recently constituted independent advisory committee to include an investigation to review the allegations leveled by regulators and other parties.
* SJVN: The company's unit bagged a 100 MW solar power project at a tariff of Rs 2.64 per unit through competitive tariff bidding conducted by Gujarat Urja Vikas Nigam. The power purchase agreement for the same has been signed with Gujarat Urja Vikas Nigam for 25 years. The cost of Development for this project is Rs 642 crore.
* GE T&D India: The company secured orders worth Rs 370 crore from Power Grid Corporation for the supply of 765 kV shunt reactors for various transmission system projects in India.
* Hindustan Zinc: The company incorporated a new subsidiary to explore, discover, develop, and tap critical mineral resources. It will also participate in the auctioning of mining blocks containing critical minerals.
* Indostar Capital Finance: The company will raise over Rs 450 crore by preferential allotment of warrants to Brookfield AMC and Florintree Tecserv. Brookfield to invest Rs 256.6 crore, and Florintree to invest Rs 200 crore in the company.
* Mahindra and Mahindra: The company launched Thar Earth Edition at Rs 15.4 lakh.
* Aether Industries: The company appointed James W. Ringer as Chief Technology Officer.
* Titan: The company buys the remaining 0.36% stake in Caratlane for Rs 60.1 crore.
* Tata Elsi: The company and Telefónica collaborate to achieve true cloud-native infrastructure management, revolutionizing the telecommunications landscape.
* Ircon: The company has appointed Debajyoti Kumar as Executive Director/Technical and Vinod Kumar Gupta as Executive Director/Works of the Company.
* Allcargo Logistics: The crisis in the Red Sea delayed shipments, leading to January volumes being reduced by 3%, the company said in its monthly business update. A decline in volume was witnessed in Latin America, Europe, and America. Shipment volumes in India witnessed an increase in January.
* Persistent Systems: The company has dissolved its step-down subsidiary, Persistent System S.R. L., Italy.
* Uttam Sugar Mills: The company acquired a majority stake in Uttam Distillers, making it a subsidiary.
* Exide Industries: The company invested Rs 24.99 crore in its wholly-owned subsidiary, Exide Energy Solutions, on a rights basis. The total investment stands at Rs 1,925 crore.
* Cochin Shipyard: The company will inaugurate a hydrogen fuel cell ferry in virtual mode from Thoothukudi.
* ONGC: The company will establish ONGC Green as a wholly-owned subsidiary focusing on renewable energy and green hydrogen value chains.
* Texmaco Rail and Engineering: The company approved raising funds via the issuance of convertible warrants for up to Rs 150 crore via the issue of convertible warrants by way of preferential issue.
* Salasar Techno Engineering: The company bagged an order valued at over Rs 200 crore from Zetwerk Business for the supply of 25,000 MT of solar structures.
* Jaiprakash Associates: The company executed a non-binding term sheet for the restructuring of bonds.
* Control Print: The company further invested €1 million in unit Control Print B.V.
* Tanla Platforms: The company and Truecaller extend an exclusive partnership to deliver customized solutions to enterprises.
* Salasar Techno: gets order worth ₹200 cr from ZETWERK Business for supply of 25,000 mt of solar structures.
* HCLTech: sees surge in private 5G adoption across manufacturing and greenfield sectors.
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