Tata Motors 

The company has reported a 25% rise in total sales to 62,192 units in November 2021 as compared to 49,650 units the same month last year. The company posted a 21% increase in its domestic wholesales at 58,073 as compared with 47,859 units in the year-ago period.

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RITES 

The Ministry of Railways informed the company that a new line between Belgaum and Dharwad via Kittur, a new Shimoga-Shikaripura-Ranebennur line, and Tumkur-Devangere via Chitradurga new line project will not be executed by the company.

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Maruti Suzuki India 

The company produced 1,45,560 vehicles in November 2021, against 1,50,221 vehicles in November 2020.

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Raymond 

The company approved the Rs 800-crore IPO of its subsidiary JK Files & Engineering.

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Eicher Motors | Royal Enfield 

The Royal Enfield has joined hands with British brand Belstaff to market an exclusive range of apparel. Launched in 1924, Belstaff is one of the leading British Heritage brands, known worldwide for its high-performance outerwear and jackets. With this collaboration, the company aims to write a new chapter in the brand history that celebrates the spirit of riding.

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Infosys 

The company announced the extension of its strategic collaboration with Proximus, Belgium’s leading digital services and communications solutions provider, to digitally transform, develop, and maintain their IT applications with leading AI and automation solutions.

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Mahindra Logistics 

The company, and LOGOS, a leading Asia Pacific logistics specialist, have announced a long-term lease agreement for 1.4 million square feet of warehouse facilities at the LOGOS Luhari Logistics Estate in Delhi NCR.

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IIFL Finance 

Smallcap World Fund Inc acquired one crore equity shares in the company at Rs 300 per share; however, Hamblin Watsa Investment Counsel Limited A/C HWIC Asia Fund Class A Shares sold 1,21,65,000 equity shares in the company at Rs 300.04 per share on the BSE, the bulk deals data showed.

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India Grid Trust 

A consortium of subsidiaries IndiGrid 1 and IndiGrid 2 has received the Letter of Intent from REC Power Development and Consultancy to establish ‘transmission system for evacuation of power from Renewable (RE) projects in Osmanabad area (1 GW) in Maharashtra’ on build, own, operate and maintain (BOOM) basis.

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Anand Rathi

The wealth management arm of Anand Rathi Financial Services and one of the leading non-bank wealth solutions firms in India, Anand Rathi Wealth, will launch its initial public offering (IPO) on December 2  and the last date for subscribing to the offer is set for December 6. The price band for the offer has been fixed at Rs 530-550 per share. The company aims to mobilize Rs 660 crore at the upper end of the price band through this offer.

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