From The Hindu Business Line:

Reliance Industries merges media business with Walt Disney India to form Rs 70,352 crore JV. UPL replaced by Shriram Finance in Nifty 50 Index. Coal India partners with BHEL for coal-to-ammonium nitrate plant. NHPC signs JV for renewable energy parks in Maharashtra. Punjab and Sind Bank plans to raise Rs 2,000 crore. PB Fintech’s unit Policy Bazaar shifts to Composite Insurance Broker. Wipro migrates ManpowerGroup’s data center to Microsoft Azure. IIFL Securities sells Alternate Investment Funds business to IIFL Securities Alternate Asset Management. JSW Steel creates JSW Green Steel as subsidiary in Mumbai. Emami invests Rs 1.95 crore in Cannis Lupus Services for 30% stake. KRBL’s India Gate Basmati Rice targets Rs 200 crore revenue. Kaveri Seeds Co initiates Rs 325 crore buyback. Cyient forms subsidiary Cyient Global Captive Solutions. ICICI Securities receives administrative warning. KSB reports Q3 revenue of Rs 602.6 crore and net profit of Rs 54.9 crore. Jubilant Foodworks delists DP Eurasia from London Stock Exchange. Linde India invests Rs 41.09 crore in Zenataris Renewable Energy. Venus Pipes and Tubes expands capacities and announces capex of Rs 175 crore. New listings: GPT Healthcare shares debut at Rs 186 apiece. Mukka Proteins offers shares at Rs 26-28 per share in Rs 224 crore IPO. Bharat Highways subscription at 0.19 times, Platinum Industries at 22.22 times, Exicom Tele-Systems at 27.78 times. Jindal Steel and Power’s promoter pledges 39 lakh shares. Trading tweaks, F&O BANs: INDUSTOWER, SAIL. Stocks added to Nifty Next 50 Index.



Read more at The Hindu Business Line: Stock Market Live Updates 29 February 2024 Sensex, Nifty slip into the red in morning session