Reliance: Reliance Industries will maintain its 45th Annual Common Assembly (AGM) at 2 pm on 29 August. RIL will broadcast it concurrently on a digital actuality platform in addition to on 5 social media platforms. RIL Chairman and Managing Director Mukesh Ambani is more likely to make bulletins concerning the agency’s 5G rollout, how he plans to unlock the worth of his telecom and retail items by way of separate listings, and when and the way his youngsters will take over the reins.

NHPC: State-owned hydro energy large NHPC has inked a pact with the Himachal Pradesh authorities for the implementation of 500 MW Dugar Hydroelectric Undertaking in Chamba district. “Implementation settlement for 500 MW Dugar Hydro Electrical Undertaking situated in Chamba district, Himachal Pradesh, was signed between NHPC Restricted and authorities of Himachal Pradesh on August 26, 2022, at Shimla,” an announcement mentioned. The settlement was signed within the presence of Jai Ram Thakur, Chief Minister, Himachal Pradesh, and A Ok Singh, Chairman & Managing Director, NHPC Restricted.

Vodafone Thought: Round 20 million postpaid clients of telecom operator Vodafone Thought has been uncovered to a name knowledge breach, reported cyber safety analysis agency CyberX9. Regardless of CyberX9’s declare, the telecom operator mentioned that there was no knowledge breach and that the potential vulnerability in its billing communication was instantly mounted after it discovered about it.

NTPC: The board of state-run energy large NTPC has accredited an funding of ₹11,843.75 crore for the 1,320 MW Talcher Thermal Energy Undertaking, Stage-III. “Board of Administrators of the Firm has accorded funding approval for Talcher Thermal Energy Undertaking, Stage-III (2×660 MW) at an appraised present estimated value of ₹11,843.75 crore,” a BSE submitting mentioned.

IRCTC: The Indian Railways Catering and Tourism Company (IRCTC) has rolled again a young which was printed earlier to rent a guide for monetising the passenger knowledge. This replace was supplied by a senior official from IRCTC to the Congress MP Shashi Tharoor-led parliamentary panel on Aug 26, 2022. The railway ticketing app introduced the tender earlier this month and it has garnered controversy over knowledge privateness considerations concerning the monetisation of passenger and buyer knowledge. 

Max Monetary Providers: Axis Financial institution is more likely to increase its stake in Max Life Insurance coverage to about 20% over the following 6-9 months, the insurance coverage firm’s CEO Prashant Tripathy mentioned. “The financial institution at the moment holds about 13 per cent and we’re hopeful that over the following 2-Three quarters they might have the ability to take it to 20 per cent,” Tripathy informed PTI in an interview. Underneath the deal, the Axis entities even have the precise to amass a further stake of as much as seven per cent in Max Life, in a number of tranches, topic to regulatory approvals.

Future Life-style: Future Life-style Fashions Ltd (FLFL) on Saturday mentioned its consolidated web loss narrowed to ₹135.96 crore within the April-June quarter of FY23. The corporate had posted a web lack of ₹348.08 crore within the corresponding quarter a yr in the past, mentioned FLFL, the style and attire retailer arm of the Future group, in a BSE submitting. Its income from operations was down 8.42 per cent to ₹272.88 crore in the course of the interval beneath evaluate as in opposition to ₹297.99 crore within the corresponding interval final fiscal, the corporate mentioned.

InterGlobe Aviation: Shareholders of InterGlobe Aviation have accredited the appointment of three administrators and the re-appointment of Anil Parashar as a director. On the annual normal assembly of the corporate, gave their nod for the appointment of Air Chief Marshal (Retd) Birender Singh Dhanoa and former Shell India chairman Vikram Singh Mehta as impartial administrators. Former Sebi chief Meleveetil Damodaran has been appointed as a non-independent non-executive director whereas Anil Parashar has been re-appointed as a director.

Tata Motors: Tata Motors plans to herald new merchandise and broaden present mannequin lineups because it goals to retain its dominant place within the SUV phase amid rising competitors from competing manufacturers, in accordance with a senior firm official. The auto main, which at the moment sells fashions like Punch, Nexon, Harrier and Safari, additionally plans to herald further trims and variants with characteristic enhancements so as to cater to the evolving buyer necessities.

Berger Paints: Berger Paints Ltd is trying to operationalise the fully-automated paints manufacturing plant close to Lucknow in November, a high firm official mentioned on Friday. The full funding within the plant can be round ₹1,000 crore in opposition to an earlier estimate of ₹800 crore. The fee overrun is as a result of addition of some new product strains and better building materials costs.

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