Overview
- Wipro agreed to acquire 100% of Harman Connected Services’ Digital Transformation Solutions unit for up to $375 million to strengthen its ER&D offering.
- GMR Airports’ board approved raising up to Rs 5,000 crore via equity, NCDs, warrants and FCCBs, alongside forming an SPV for Delhi IGI’s Cargo City project, subject to approvals.
- Apollo Hospitals promoter and MD Suneeta Reddy is likely to sell up to 1.25% stake (18 lakh shares) via a block deal worth about Rs 1,395 crore at a Rs 7,747 floor price, roughly 2.3% above the previous close.
- NTPC Renewable Energy declared 49.125 MW of its Khavda solar project commercially operational effective August 22, following earlier tranches commissioned in June.
- Vedanta approved a second interim dividend of Rs 16 per share for FY26, totaling Rs 6,256 crore, with August 27 set as the record date.