Hitesh Rattan
InterGlobe Aviation (IndiGo)
IndiGo co-founder Rakesh Gangwal and Chinkarpu Family Trust have planned to sell 3.1% stake in the airline through a block deal worth Rs 7,027 crore at a 4% discount.
RVNL
The company has set up a joint venture with Texmaco Rail and Engineering. RVNL will have a 51% stake, while Texmaco Rail will hold a 49% stake.
Tata Steel
Tata Steel has invested Rs 3,100 crore to buy shares in its Singapore-based subsidiary T Steel Holdings Pvt Ltd.
Dr. Reddy’s
The drug company has obtained an interim stay from the Telangana High Court on income tax reassessment related to the merger with DRHL.
Zaggle Prepaid
Zaggle Prepaid told exchanges that it has entered into an agreement with Standard Chartered Bank.
United Breweries
The brewing company will invest Rs 90 crore in a new canning line at Nizam Brewery in Telangana, increasing capacity by 0.4 million litres.
Power Grid
The company has been assigned the project of setting up an inter-state transmission system in Karnataka.