[ad_1] Domestic markets edged higher for the second consecutive week, moving closer to record highs, supported by favorable cues. In today's trade, shares of Trent, BEL, LTIMindtree, Ambuja Cements, Alembic Pharma, Transport Corp among others will be in focus due to various news developments.Transport CorporationTransport Corporation of India announced that it will conduct its first-ever buyback of its equity shares worth up to Rs 160 crore.Trent, BEL, LTIMindtreeTata Group's lifestyle company Trent (Trent) and state-run Bharat Electronics (BEL) are the latest inclusion into the Nifty 50 index while LTI Mindtree (LTIM) and Divi's Laboratories have made an exit.Vodafone IdeaVodafone Idea has made an exit from Nifty 500 index and Nifty Midcap 100 as part of a semi-annual rejig of NSE's various indices.Reliance PowerAnil Ambani had resigned from the board of directors of Reliance Infrastructure and Reliance Power pursuant to Sebi's interim order dated February 11, 2022, in the matter of Reliance Home Finance.Ambuja CementsGQG Partners has bought 17.1 million shares of Ambuja Cements through a block deal on Friday. Others who bought shares of the company included Morgan Stanley, Norges Bank, SBI Life Insurance among others.ONGCONGC has started production from its 5th Oil Well in Block KG-DWN-98/2 Cluster-2 Asset Of Deepwater Block in Krishna River.Alembic PharmaAlembic Pharma received a USFDA approval for Betamethasone Valerate Foam used to treat skin conditions of the scalp.Ashoka BuildconAshoka Buildcon emerged as the lowest bidder for Mumbai Metropolitan Region Development Authority (MMRDA) project worth Rs 478 crore.Karur Vysya BankThe Reserve Bank of India approves SBI Mutual Fund’s proposal to acquire 9.99% stake in Karur Vysya Bank.JSW EnergyJSW Energy arm JSW Neo Energy gets LoA for a 250 mw grid-connected wind power project from Adani Electricity Mumbai.IDFCIDFC received a income tax refund of Rs 202.55 crore (comprising Tax of ₹189.25 crores and Interest of Rs 13.30 crores) for assessment Year 2023-24.KEC InternationalKEC International bagged new orders worth Rs 1,079 crore in Transmission & Distribution (T&D) and Cables businesses. [ad_2]
