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Tata Motors, J Kumar Infraprojects and Bharti Airtel to see some action today

12 Jan 2021 Evaluate

Tata Motors’ wholly owned subsidiary -- Jaguar Land Rover (JLR) has reported 9% Year-on-Year (Y-o-Y) fall in retail sales at 128,469 vehicles for the quarter ending December 31, 2020 (Q3) over the same period last year. However, it was 13.1% higher than the 113,569 vehicles sold in the preceding quarter. Of the total retail sales, Jaguar sales was 28,072 units, while Land Rover sales stood at 100,397 units in October-December period of 2020.

J Kumar Infraprojects has received Letter of Acceptance (LoA) from Gujarat Metro Rail Corporation (GMRC) for ‘Design, construction and completion of Underground stations and tunnel from Surat Railway station to Chowk Bazar Ramp worth of Rs 866 crore.

Bharti Airtel and National Small Industries Corporation (NSIC) have partnered up to drive the digital transformation of Micro, Small, and Medium Enterprises (MSMEs) in India. The alliance with NSIC will the company much deeper distribution reach in this space.

Laurus Labs’ wholly-owned subsidiary -- Laurus Synthesis has incorporated a wholly-owned subsidiary under name and style Laurus Ingredients. The said incorporation is for undertaking ingredients business and also for setting up Greenfield projects for new synthesis business. The new entity Laurus Ingredients shall be a step-down subsidiary for Laurus Labs.

Oil and Natural Gas Corporation (ONGC) has raised Rs 1500 crore through unsecured, listed, redeemable, non-cumulative, taxable, non-convertible debentures (NCDs) and allotted 15,000 NCDs having f face value of Rs 10,00,000 each to identified persons at the interest rate of 4.50% p.a. payable annually. 

Indo Count Industries’ wholly owned subsidiary -- Indo Count Australia Pty has been voluntarily deregistered by the Australian Securities & Investments Commission (ASIC) on October 7, 2020. Thus, Indo Count Australia Pty has ceased to be subsidiary of the company.

Greenlam Industries has incorporated a step-down subsidiary company in the name of ‘Greenlam Poland Limited Liability Company’ (Greenlam Poland LLC) on January 08, 2021 in Republic of Poland, to carry out, inter alia, the business of marketing and distribution of decorative laminates and other paper and / or wood based products.

ONGC Share Price

283.35 -0.60 (-0.21%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 283.35
Oil India 471.35
Jindal Drilling&Inds 542.35
Deep Industries 477.70
Asian Energy Service 315.25
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