HCL Technologies has signed a pact to acquire 100% stake in ASAP Group, a German automotive engineering services provider, for about Rs 2,300 crore, according to a BSE filing. It aims to expand its capabilities in the automotive engineering services segment, particularly in e-mobility, autonomous driving and connectivity in Europe, Germany and other global markets, it stated.
Adani raises Rs 1,250 cr through bond sale
Gautam Adani’s flagship firm, Adani Enterprises, has raised Rs 1,250 crore through a local-currency bond sale. In a filing, Adani Enterprises said it has raised Rs 1,250 crore “by allotment of 1,25,000 secured, unrated, unlisted, redeemable, non-convertible debentures of the face value of Rs 1 lakh each on private placement basis”.