Reliance Industries
Reliance Jio has discontinued its entry-level prepaid plans priced at Rs 209 (1GB/day for 22 days) and Rs 249 (1GB/day for 28 days). Additionally, Reliance Consumer Products has expanded into the healthy functional beverages segment, acquiring a majority stake in a joint venture with Naturedge Beverages.
Hindustan Zinc
The company has approved the setup of a 10 MTPA tailings reprocessing plant at an investment of up to Rs 3,823 crore. The project is expected to be completed within 28 months from the zero date.
Marine Electricals
Marine Electricals has secured an order worth Rs 17.4 crore from Allweiler India for the supply of control panels.
Vedanta
Vedanta’s board meeting is scheduled for August 21, where it will consider and approve the second interim dividend.
HLE Glasscoat
The company’s subsidiary has completed the acquisition of specific assets of Omeras GmbH, strengthening its global presence.
Rossari Biotech
Rossari Biotech’s subsidiary has approved the purchase of rights in leasehold land at Dahej, marking a strategic expansion move.
Mahindra & Mahindra
The auto major has approved the allotment of 2.7 crore shares on a rights basis at an issue price of Rs 277 per share.
Tata Steel
Tata Steel’s arm TSAML has approved the divestment of its entire equity and preference stake in CPL to Lionstead Applied Materials.
Reliance Power
Reliance Power has incorporated a joint venture company, GDL – Reliance Solar Pte, boosting its renewable energy portfolio.