HDFC Bank Ltd.

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Adani Enterprises, Aster DM Healthcare and HDFC bank to see some action today

Date: 27-05-2021

Adani Enterprises has incorporated a wholly-owned subsidiary namely, Mahanadi Mines and Minerals (MMMPL) on May 25, 2021 to own develop and operate mines of various minerals.

Aster DM Healthcare has created a separate vertical for digital healthcare services and appointed Brandon Rowberry as the chief executive of the new division. The appointment is in alignment with the Kochi-based hospital chain's long-term strategy to integrate digital transformation, technology and innovation as core pillars to deliver enhanced patient-centric services and enable wider access.

HDFC bank has deployed Mobile Automated Teller Machine (ATM) to assist customers during the COVID-19 related restrictions in the city. At restricted or sealed areas, the Mobile ATMs will eliminate the need for the public to move out of their locality to withdraw cash. Bengaluru is the 25th city where the bank has deployed Mobile ATMs this year.

Anjani Portland Cement has entered into a Share Purchase agreement with Bhavya Cements and its Promoters, for acquisition of controlling stake in the equity shares capital of the Bhavya Cements at a Provisional Price of Rs 51.53 per share, subject to fulfilment of conditions precedent. The objective of acquisition is to improve the market presence of the company with addition of a new brand. The acquisition would increase the cement manufacturing capacity under the control of the company substantially.

Libas Consumer Products has opened franchisees/stores in Mumbai, Delhi and Dubai under the brand ‘Riyaz Ganji Libas’ in fashion segment, and the company is in process of expanding the same to various Tier-II and Tier-III cities in India in three phases in the next three years. The company will open 100 stores in each phases.

Bhageria Industries has launched its new product in Dyes and Dye-Intermediates in the name of ‘J-Acid’. It is the only company in India to produce ‘J-Acid’ chemical at present. The company will start its commercial production of ‘J-Acid’ w.e.f. May 27, 2021, at D-17 MIDC, Tarapur Boisar Industrial Area, Boisar Palghar Maharashtra.

Angel Broking has partnered with options trading platform, Sensibull, to help its clients tap the options trading segment. The tie-up provides the investors with strategies that enable them to maximize their gains via options trading with simple and effective options strategies.