Stock Market Live Updates 3 May 2024: Sensex, Nifty trade higher; Bajaj Finance surges over 6%

Bajaj Finance: The Reserve Bank of India lifted restrictions on the company’s eCOM and online digital Insta EMI Card products with immediate effect.

* Adani Energy:* The company is in a pact with Windson Project to acquire Pointleap Projects for Rs 13.15 crore.

* Max Estates:* The company arm signed an agreement for a residential development project in Gurugram with a GDV potential of over Rs 9,000 crore.

* UGRO Capital:* The company plans to raise Rs 1,323 crore via CCDs and warrants and acquire

‘MyShubhLife’ for an aggregate consideration of Rs 45 crore.

* Mazagon Dock Shipbuilders:* The company received an international shipbuilding order worth $42 million to construct three hybrid-powered vessels.

* Hindustan Unilever:* HUL appointed Vipul Mathur as Executive Director, Personal Care, effective June 1.

* Wipro:* The company will implement Wipro’s Medicare Prescription Payment Plan platform for the upcoming open enrollment period.

* Indian Energy Exchange:* The company achieved 9,044 MU overall volume in April, marking a 14.1% YoY increase, and REC volume at 618 MU, up 211% YoY.

* Jubilant Pharmova:* The company appointed Harsher Singh as CEO of the Radio pharma business.

* Gujarat Industries Power:* The company entered into a loan agreement worth 2,832 crore with the national bank for financing infrastructure and development.

* Moil:* The company reported April production up 22% YoY and sales up 17% YoY.

* KEl Industries:* The company partnered with BRUGG to produce EHV cables up to 400 kV.

* Zydus Lifesciences:* The company to sell shares worth Rs 282 crore of JV Bayer Zydus Pharma

Bayer Zydus Pharma to cease to be a JV of the company post the stake sale.

* Birla Corporation:* The company approved the restructuring of the scope of the second phase expansion of the existing capacity of the grinding cement plant in Uttar Pradesh. The expansion will feature an investment of Rs 425 crore.

* Suzlon Energy:* The company approved the merger of Suzlon Global Services with the company

* TVS Holdings:* The company is to acquire the remaining 10.74% stake in Emerald Haven Realty from Sandwood Investments for Rs 41.16 crore.

* Aptech:* The board approved the amalgamation of Arm MEL Training and Assessments, Aptech Ventures, and Aptech Investment Enhancers to merge with the company.

* Goodyear India:* CFO Manish Mundra resigned effective June 30.