Colgate Palmolive India Limited: LIC of India has acquired 2.021% stake FMCG firm Colgate Palmolive India Ltd through open market purchase, taking the entire holding in the company to 7.037 percent.
Crompton Greaves Consumer Electrical: Franklin Templeton Investment Funds has bought an additional 0.74% stake in the company by buying 4.6 million shares through a bulk deal on the NSE.
Hexaware Technologies has recommended paying 1 rupee per share as interim dividend.
ICICI Bank will consider raising funds through senior unsecured long-term bonds or Basel-III compliant Tier-I bonds in a single or multiple tranches.
ITC Foods Limited expects instant noodles brand Yippee to join the 10-billion-rupee revenue club by 2020.
Jaiprakash Associates has secured the RBI’s approval for the proposed offer to exchange outstanding existing foreign currency bonds maturing with 2020, 2021 bonds.
JSW Energy to set up a new thermal power generation capacity of 36 Megawatt for its group arm JSW Cement under long-term power purchase agreement.
M&M Financial Services will raise 1.5 bln rupees through secured redeemable NCDs carrying a coupon of 7.5320 percent.
Shree Cement has secured two coal linkages from Coal India Ltd in an auction for its captive power plant in Chhattisgarh.
Solar Industries India has obtained the running contract worth 11.43 billion rupees to supply 3,75,412 tonne bulk explosives to Coal India.