Bajaj Finance

Bajaj Finance Limited on June 13 said it has raised fixed
deposit interest rates on various tenors – 24 to 60 months by up to 20 basis
points (0.20%). This will not include deposits of 44 months tenor, it added.
The revised rates are effective from June 14, 2022, and shall be applicable to
fresh deposits and renewals of maturing deposits, the lender said in a release.

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Tata Steel

Tata Steel has released a 7-million pound investment plan
for its Hartlepool Tube Mill in northeast England that the steel major says
will cut carbon emissions, improve capacity and reduce costs to strengthen its
UK business.

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Crompton Greaves Consumer Electricals

The company said it plans to raise long-term funds up to
Rs 925 crore through the issuance of non-convertible debentures on a private
placement basis. The board of directors of the company at its meeting held on
June 13 also approved the buyback of rated, listed commercial paper aggregating
to up to Rs 600 crore, Crompton Greaves Consumer Electricals Ltd (CGCEL) said
in a regulatory filing.

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Torrent Power

The company has completed the acquisition of a 50 MW
solar power plant from SkyPower Group in Telangana. The enterprise value for
this acquisition is Rs 416 crore. The long-term power purchase agreement (PPA)
for the project is with Northern Power Distribution Company of Telangana (NPDCTL)
for a period of 25 years at a fixed tariff of approximately Rs 5.35 per kWh,
with remaining useful life of approximately 20 years.

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Delta Corp

HDFC Mutual Fund bought an additional 2.15% equity stake
in the company via open market transactions on June 10. With this, its
shareholding in the company stands increased to 9.21%, up from 7.06% earlier.

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Aether Industries

SBI Mutual Fund bought an additional 3.23 lakh equity
shares in the company through open market transactions. With this, its
shareholding in the company stands increased to 5.1775%, up from 4.9180%
earlier.

Dynamatic Technologies

The company has bagged the contract to manufacture the
escape hatch door for Airbus A220 aircraft. The contract was placed by Stelia
Aeronautique Canada Inc., a subsidiary of Airbus Atlantic SAS.

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Capri Global Capital

Life Insurance Corporation of India acquired additional
35.41 lakh equity shares in the company through open market transactions. With
this, LIC’s shareholding in the company stands increased to 7.059%, up from
5.043% earlier.

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WPIL

The company has won an order from the Government of West
Bengal for the execution of a turnkey project comprising the commissioning of a
clear water reservoir and a ground-level reservoir. The contract is valued at
Rs 430.87 crore and it will be completed over a period of two years.