Wed, Nov 6, 2024 8:29 PM
S&P 500, Dow open at record high as Donald Trump wins US presidency
A Flip by Avya Verma
The fourth generation of the Muthoot Pappachan Group has joined the company's board, with Tina, Thomas, and Suzannah Muthoot appointed as executive directors in Muthoot Capital Services, Muthoot MicroFin, and Muthoot Housing Finance, respectively, while Ritu and Susan Muthoot joined as non-executive directors, following RBI approval.
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📌Bharat Forge is planning to infuse $64.50 mn funds in subsidiary Bharat Forge America Inc. 📌TVS Motor has completed the acquisition of 39.11% stake in DriveX. 📌Symphony entered second Addendum to loan agreement with Australia-based arm Symphony AU Pty. 📌The Adani Group announced its acquisition of Air Works, India’s largest private aviation maintenance, repair, and overhaul services firm
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Engineering and construction company Transrail Lighting has closed the subscription for its Rs 839-crore initial public offering on December 23. It recorded the third-highest subscription numbers amongst IPOs closed today, after Mamata Machinery and DAM Capital Advisors. Sanathan Textiles and Concord Enviro Systems were the other two public issues, closing today.
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