
Union Bank of India | State-owned firm has raised ₹3,000 crore through the issue of senior, rated, listed, unsecured, redeemable, taxable, transferable long-term bonds on a private placement basis. The base issue size of ₹3,000 crore was accompanied by a green-shoe option of ₹4,500 crore, bringing the total potential issue to ₹7,500 crore.
Ashok Leyland | The automotive manufacturer approved an investment of up to GBP 30 million, or about ₹375 crore, in its UK-based subsidiary Optare Plc through equity in one or more tranches.
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Tata Motors Passenger Vehicles Ltd. | TMPV said it will increase prices of its internal combustion engine (ICE) passenger vehicles from 1 April 2026. The weighted average price increase will be 0.5% across its ICE portfolio.
DCX Systems Ltd | The Manufacturer of cables and wire harness assemblies said it has received a purchase order worth ₹563.45 crore, including taxes, from a domestic customer for the manufacture and supply of maritime patrol radar systems (MPR) for airborne applications.
Devyani International Ltd | The Yum Brands franchisee has approved an investment of about ₹347.3 crore in Restaurants Development Co. Ltd (RD), a Thailand-based operator of 274 KFC restaurants, as it looks to strengthen the company’s balance sheet and support long-term business needs.
Ceigall India Ltd | The EPC firm said its wholly-owned subsidiary, Ceigall Infra Projects Pvt Ltd (CIPPL), has emerged as the lowest (L1) bidder for a National Highways Authority of India (NHAI) project worth ₹603 crore.
Thomas Cook (India) Ltd | Travel services firm said it has given in-principle approval to demerge its resorts and resort management business into Sterling Holiday Resorts Ltd (SHRL), along with a capital restructuring plan. The proposal is subject to approvals from the NCLT and other regulatory authorities.
Tata Capital | Non-banking financial company, said it has received an Income Tax reassessment order pertaining to the financial year 2017-18. The order was issued on the Income Tax website on March 20, 2026, and downloaded by the company on March 21, 2026. The reassessment, issued by the Deputy Commissioner of Income Tax, Circle – 2(3)(1), Mumbai, pertains to Tata Capital Financial Services Ltd (TCFSL), which merged with Tata Capital Limited with effect from April 1, 2023.
Divi’s Laboratories | Pharmaceuticals firm said it has received a draft assessment order from the Income Tax Authority proposing additions and disallowances of ₹570.51 crore to its returned income for FY2022-23 (assessment year 2023-24), the company said on March 21. The draft order, issued under Section 144C(1) of the Income Tax Act, 1961, was dated March 20, 2026, and received by the company on March 21, 2026. It was issued by the Assistant Commissioner of Income Tax, Central Circle-2(1), Hyderabad.
Omaxe | Realty firm said its wholly owned subsidiaries have received Real Estate Regulatory Authority (RERA) registration certificates for two residential plotted development projects in Punjab and Uttar Pradesh, both scheduled for launch on March 23, 2026. The approvals cover “Integrated Residential Township Phase 6B” in New Chandigarh, Punjab, and “Metro City P-8B” in Lucknow, Uttar Pradesh. The projects fall under the residential plotted category and are targeted at both domestic and international markets.