Coal India (CIL) 

The company has scaled up its CAPEX to Rs 14,834 crore ending FY22, the highest so far. Going past the MoU target of Rs 14,685 crore this represents a 101% achievement. 

Quarterly Results on April 13

Infosys, Den Networks, and Lesha Industries will release their quarterly earnings on April 13.

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Anand Rathi Wealth 

Profit in Q4FY22 grew at a healthy space, rising 239% year-on-year to Rs 35 crore and revenue increased 49% YoY to Rs 115 crore with assets under management growing strong by 23% to Rs 32,906 crore compared to the year-ago period.

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Shriram City Union Finance 

The company is aiming to grow its gold loan book to Rs 15,000-20,000 crore over the next five years. As of December 31, 2021, the non-banking finance company’s gold loan book stood at Rs 4,110 crore. ‘

Simplex Infrastructures 

The company in a BSE filing said the board has approved raising of funds up to Rs 421.8 crore by issuing equity shares and warrants at a price of Rs 56.61 per share, to Swan Constructions.

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The company has entered into a memorandum of understanding (MoU) with Tata Steel to synergise their expertise. RITES and Tata Steel would collaborate to offer services in the areas of railway rolling stock exports and enhance infrastructural capabilities for buildings, airports, urban engineering, and information technology.

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TVS Motor Company 

Swiss E-Mobility Group (Holding) AG, a subsidiary of the company, has acquired 100% shareholding in Alexand’Ro Edouard’O Passion Vélo Sàrl. The acquired company is primarily engaged in the sale of e-bikes as well as e-bike accessories across a range of premium e-bike brands such as TREK, Riese & Muller, Cannondale, Moustache and others. The arm acquired the company for CHF 2.79 million.

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Tata Steel

The company has completed the acquisition of the entire equity stake of Steel Authority of India (SAIL) (50%) held in S&T Mining Company (S&T Mining).

Hathway Cable & Datacom 

The digital cable TV & broadband internet service provider recorded a lower consolidated profit at Rs 28.42 crore for the quarter ended March 2022, down 60.6 % compared to Rs 72.14 crore profit in the year-ago period due to tepid revenue growth. Revenue during the quarter increased by 2.3% YoY to Rs 448.8 crore in Q4FY22.

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Aditya Birla Capital

The company’s NBFC business’ gross disbursement stood at around Rs 9,500 crore in Q4FY22, growing 45% year on year and 43% quarter on quarter. NBFC business’ overall loan book grew 13% year on year to around Rs 54,900 crore.

HeidelbergCement India

The cement company has commissioned a 5.5 Mega Watt (MW) solar power plant in its mining area in Damoh, Madhya Pradesh. The said solar plant is expected to generate 10 gigawatt-hours per annum of solar energy and the same will replace electricity purchased under short term open access and from the grid.

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SPML Infra 

The company has secured several Arbitration Awards of a cumulated amount of Rs 712 crore (including interest up to September 30, 2019) for the projects from different clients in India.

Duroply Industries 

Ace investors Porinju Veliyath & his wife Litty Thomas bought 7,000 equity shares in the company via open market transactions on April 12. With this, their shareholding in the company stands increased to 5.61%, up from 5.5% earlier.

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Choice International 

The company in a BSE filing said subsidiary Choice Consultancy Services has received a contract worth Rs 107 crore from a public sector undertaking. The arm will provide support for various rural water supply schemes under the Indian government’s ‘Jal Jeevan Mission’. The scope of work included services of preparing detailed project reports and project management services for Maharashtra and West Bengal.