By Malvika Gurung
Investing.com -- Punjab National Bank (NS: PNBK ): The state-run lender has reported a fraud of Rs 2,060.14 crore in the NPA account of the power company IL&FS Tamil Nadu (NS: TNNP ) Power. The bank has already made provisions of Rs 824.06 crore.
Tata Motors (NS: TAMO ): The automaker plans on investing Rs 15,000 crore in the EV segment over the upcoming 5 years.
Zomato (NS: ZOMT ): The food aggregator has acquired a 16.66% stake in the food robotics company Mukunda Foods for $5 million, besides approving a loan amount of up to $150 million to Blinkit.
Paytm (NS: PAYT ): The fintech major’s non-executive, non-independent director Munish Ravinder Varma resigned from the position due to personal commitments and other preoccupations.
Future Retail (NS: FURE ): The company’s director Rahul Garg has resigned from the board of directors and other committees, w.e.f. March 14, 2022.
Shyam Metalics and Energy (NS: SHYE ): The steel company announced a fresh round of capex plans worth Rs 990 crore, for expanding its capacity by 2.85 MTPA, over the ongoing capex of Rs 3,000 crore.
Dhampur Sugar Mills (NS: DAMS ): The sugarcane processing company’s board will consider the proposal of interim dividend payment for FY22, the record date for which is set at March 31.
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