LTIMindtree, UltraTech Cement and United Spirits to see some action today

LTIMindtree has entered into strategic partnership with Aforza to deliver digital transformation in CRM & TPM across the consumer products industry. The partnership between Aforza and LTIMindtree is set to support the front office operations of Consumer Products manufacturers and distributors. This collaboration aims to empower businesses to grow profitably and safeguard margins through comprehensive omnichannel pricing control. It will enable access to real-time data insights, enhancing planning and decision-making capabilities.

UltraTech Cement has completed 100 MW solar energy project under the Group Captive scheme in the state of Rajasthan. This is the company’s first project for sourcing power for its captive consumption from the inter-state transmission network. Power from this project will be available to the company’s Units in Rajasthan, Gujarat, Himachal Pradesh, Tamil Nadu, Odisha among others.

United Spirits has received approval for the investment in Inspired Hospitality (Pistola) by subscribing to 3,494 Compulsory Convertible Preference Shares (CCPS) and 10 equity shares of Pistola equivalent to 15.0% of its issued and paid-up share capital on a fully diluted basis for an aggregate consideration of Rs 5.65 crore.

Tanvi Foods (India) has commenced its commercial operations at the new state of art manufacturing unit at Seetharampuram, Andhra Pradesh from April 04, 2024. This state of art unit has been constructed in line with international standards in order to maintain the highest standards of food quality and human safety. This is the largest unit in India which is manufacturing samosas, fresh and frozen agri products, snacks and other products using cutting-edge technology and equipments.

Indiabulls Housing Finance has raised Rs 25 crore through the allotment of 2,500 Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 1 lakh each on a private placement basis. The said NCDs are proposed to be listed on National Stock Exchange of India and BSE. Date of Maturity of said NCDs is April 3, 2027.

Tata Power is all-set to manage the increasing demand for power in the summer season and has taken extensive measures across its Generation, Transmission and Distribution verticals to ensure uninterrupted power supply to Mumbai. Having deployed cutting-edge artificial intelligence and machine learning tools to monitor and forecast demand, the company expects the demand for April-June-2024 to be peak at 1,030 MW from its consumer base in Mumbai.

Cello World has announced the commissioning of the manufacturing facility in phased manner through its Subsidiary Company Cello Consumerware in Falna, District Pali, Rajasthan. Further, the glassware furnace that is coming up in the same facility will be operational by the end of Q1 FY25.