Bharat Petroleum Corporation (BPCL) and SBI Card have joined hands to launch the 'BPCL SBI Card co-branded RuPay Contactless Credit Card'. The card will provide rewarding fuel savings and other benefits to the customers. The card will offer 13X reward points on every Rs 100 spent on fuel purchases at BPCL petrol pumps and a 1 per cent fuel surcharge waiver on every transaction up to Rs 4,000, translating to 4.25 per cent value back.
Adani Enterprises has incorporated wholly-owned arm Adani Digital Labs (ADLPL) on September 22, 2021. ADLPL is incorporated to transform consumer businesses into digital-first segments by creating an omnichannel, integrated platform enabling the customers to interact with all business-to-consumer businesses of Adani Group.
GR Infraprojects has received Letter of Award (LoA) for new project ‘Development of 6-lane Amritsar-Bathinda Greenfield section of NH-754A from village Tiba on NE-SA to junction with Moga Jalandhar road (NH-703) near Dharamkot (from km 0+000 to km 39+000) as a part of Amritsar-Jamnagar Economic Corridor in the state of Punjab on Hybrid Annuity Mode under Bharatmala Pariyojana Phase-I (Package-1)’. The bid project cost is Rs 927 crore.
Ashoka Buildcon has acquired 60% stake in equity share capital of Ashoka Bettadahalli Shivamogga Road (ABSRPL) viz., 30000 equity shares of Rs 10 each for an aggregate consideration of Rs 3 lakh. ABSRPL was a step down subsidiary of the company prior to the abovementioned acquisition.
IndusInd Bank has acquired 50,00,000 Equity Shares of Mcleod Russel India (MRIL). The Equity Shares of McLeod Russel India held by Ichamati Investments were pledged with the Bank for securing the outstanding dues of Mcleod Russel India, the Borrower Company. The Bank has invoked the pledge held on the aforesaid shares for recovery of its dues from MRIL.
Bharti Airtel has added 19,42,993 customers in July 2021. Following this, the company’s total customer base has increased to 35.41 crore with market share of 29.83% in terms of wireless subscribers as on July 31, 2021.
Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) has added 65,18,786 customers in July 2021. Following this, the company’s total customer base has increased to 44.32 crore with market share of 37.34% in terms of wireless subscribers as on July 31, 2021.
| Company Name | CMP |
|---|---|
| Reliance Industries | 1435.70 |
| Indian Oil Corp. | 144.70 |
| BPCL | 302.85 |
| HPCL | 387.00 |
| MRPL | 167.90 |
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