Fri, Apr 19, 2024 6:22 PM
Geopolitical Tensions Weigh On Asia And Europe Markets
A Flip by Riya Sharma
Suzlon Energy Ltd.'s board has approved the scheme of amalgamation involving the merger of Suzlon Global Services, a wholly-owned subsidiary with itself. The company also plans to transfer its project business on a slump sale basis to one or more wholly-owned subsidiaries of the company. Suzlon will also undertake a capital reorganisation exercise through the Scheme of Arrangement.
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Stock market today: After showing intraday weakness from the new highs on Tuesday, the Indian stock market shifted into a range-bound action with a positive bias and finished higher on Thursday. The Nifty 50 index ended 43 points higher at the 22,648 level, and the BSE Sensex went up 128 points and closed at the 74,611 mark.
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Max Estates, the real estate arm of the Max Group, has executed binding agreements for a potential group housing residential development on 18.23 acres of land with gross development value (GDV) estimated at over Rs 9,000 crore in Gurugram at the back of ~4 million sq ft of development area.This land parcel is contiguous to its existing 11.80 acres of land on Dwarka Expressway.
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