By Malvika Gurung
Investing.com -- Reliance Industries Ltd (NS:RELI): Subsidiary Reliance Retail acquired a 25.8% stake in the leading quick commerce major Dunzo for $200 million or Rs 1,488 crore, for expanding its presence in the online grocery delivery business.
HCL Technologies (NS:HCLT): The IT major has completed the acquisition of a 51% stake in the German IT company Gesellschaft für Banksysteme GmbH (GBS).
Titan (NS:TITN): The Indian luxury products company’s consumer businesses grew strongly in Q3 FY22, with jewellery biz surging 37%, eyewear sales by 27%, watches & wearables biz rising 28% and other businesses grew 44%.
Hinduja Global (NS:HGSL): The IT services provider’s board of directors have approved an interim dividend of Rs 150/share, along with a 1-for-1 bonus share issue.
Anand Rathi Wealth Ltd (BO:ANAA): For the Dec-ending quarter, the wealth management company reported a 144% surge in consolidated profit at Rs 32.03 crore, and a 55% rise in revenue to Rs 105.69 crore, on a YoY basis. It has also declared an interim dividend of 100%, which is Rs 5/share.
Aurobindo Pharma (NS:ARBN): The drugmaker launched its COVID-19 treatment drug Molnupiravir in the country, under the brand name Molnaflu.
SJVN (NS:SJVN): The public sector hydroelectric power generation company has reported a 90% capex target in the Apr-Dec 2021 period.
HFCL Ltd (NS:HFCL): The company appointed Andrew Westerman as the VP of International Sales in its subsidiary in the Netherlands, while onboarding Rajesh Jain as the Executive President of the EPC Projects Business, along with Santanu Bhattacharyya as the VP and Head of FPGA Engineering.