Street Brief! By Saket Lohia https://t.me/saketlohia5 Monday, | Saket Lohia

Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Monday, 29 October

1. Union Bank Of India RBI imposed a penalty of Rs. 50 Lakhs each on the Bank under Reserve Bank of lndia

2. Minda Industries Ltd Approved the investment in Harita Fehrer Limited by way of purchasing of 49% stake of F.S. Fehrer Automotive GmbH for a total consideration of Rs.115 Cr

3. Tatva Chintan Pharma Chem Ltd has acquired an industrial land admeasuring 50,399.16 Sq. mtr at Dahej-III GIDC Estate

4. Kotak Mahindra Bank Ltd has received an intimation from LIC stating that the RBI had granted its approval to LIC, for increasing its holding in the Bank up to 9.99%

5. Capri Global Capital Limited partners with State Bank of India for Co-Lending to MSMEs

6. Asian Paints Ltd has today signed a MoU with the Government of Gujarat, commencing the proposed expansion of manufacturing capacity of paint from 130,000 KL to 250,000 KL and resins and emulsions from 32000 MT to 85000MT

7. Irb Infrastructure Developers Ltd has executed an investment agreement with Cintra INR Investments BV ('Cintra'), Mr. Virendra D. Mhaiskar, IRB Holding Private Limited