Reliance Infra: Shareholders of Reliance Infrastructure, through postal ballot, have approved raising of funds up to Rs. 550.56 crore by preferential allotment of up to 8.88 crore equity shares.

Isgec Hitachi Zosen:  received a prestigious order for the supply of 4 nos. Reactors of Vanadium Modified Low Alloy Steel, for a Renewable Energy project in USA. The scope of work includes mechanical design, material procurement, fabrication, testing, and supply of equipment. 

Redington: at its meeting held on July 07, has recommended a bonus issue of one equity share of Rs. 2 each fully paid up for every one equity share of Rs. 2 each held as on the Record date decided for this purpose. 

Mahindra & Mahindra (M&M): The company said it will acquire 1.60 crore shares (up to 31.2% stake) in ReNew Sunlight Energy (RSEPL), in one or more tranches, for a cash consideration of Rs 16.07 crore. 

IndusInd Bank: It partnered with TP Central Odisha Distribution Limited (TPCODL) – a joint venture between TATA Power and the Government of Odisha to introduce a fully digital network for facilitating electricity bill payments across 300 semi-urban and rural regions in the state.