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JSW Infra is said to be conducting due diligence of Navkar Corp#39;s assets, the sources said, adding that the talks between the two parties is said to be in advanced stages.

Its board on Wednesday approved the issue and allotment of 21,27,659 equity shares to Qualified Institutional Buyers (QIBs) at an issue price of Rs 940 per share at a premium of Rs 938 per share, aggregating to nearly Rs 200 crore, the company said in a statement.

The loan will strengthen ONGC Videsh#39;s available cash as it contends with shrinking free cash.

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Under the contract, TASL and Mahindra Aerostructures will manufacture metallic detail parts, components and assemblies for Airbus#39; A320neo, A330neo and A350 programmes, a press release from Airbus said.

The fully built Viking buses will be delivered by April, the company said in a statement.

A press release from GMR said the partnership brings together the diverse strengths of GMR#39;s infrastructure expertise and IndiGo Airlines#39; innovative approach to air travel.

The share touched a 52-week high of Rs 2,736.35 and a 52-week low of Rs 1,872.90 on 01 January, 2024 and 22 May, 2023, respectively.

The repair facility, costing Rs 970 crore, is set up in 42 acres of the Cochin Port Authority leased premises at Willingdon Island, Kochi

The stock has underperformed the frontline indices over the last couple of months. Experts recommend selling the stock the Rs 555-550 zone. The stock can slide to Rs 520 in the short term