Reliance Industries | Isha Ambani-led Reliance Retail on Monday has picked up an additional investment of Rs 2,069 crore from private equity firm KKR. The deal for a 0.25 percent stake in the retail giant, marks KKR’s second investment in the company, taking its total stake to 1.42 percent, and giving Reliance Retail a valuation of Rs 8,361 lakh crore.

L&T | Engineering & Infrastructure conglomerate on Monday revised its share buyback price higher to Rs 3,200 from Rs 3,000 after a surge in its stock price over the last month. September 12 is the record date for the company's buyback. The exact timeline of the opening and closing of the buyback issue is yet to be declared.

ICICI Bank | Private sector lender on Monday said the Reserve Bank of India has given its approval for the reappointment of Sandeep Bakhshi as managing director and chief executive officer of the bank. Bakhshi has been reappointed for a period of three years, from October 4, 2023, to October 3, 2026, the bank said in a regulatory filing.

Adani Enterprises | Petitioners in the Adani case have filed their response to SEBI's status report on the Adani probe. In their response, the petitioners have levelled charges of – inaction, conflict of interest, and dilution of regulations – against Sebi. The application expresses shock that SEBI suppressed and concealed information about the DRI alert from the Supreme Court.

Power Grid | State-owned company on Monday said it has won the tariff-based competitive bidding to establish a 20-GW inter-state transmission system project in Rajasthan. The project's scope includes the establishment of a new 765/400kV substation, complete with STATCOM technology, situated in Ramgarh.

TVS Supply Chain | The company on Monday said it will acquire 100 percent equity shares of three wholly-owned subsidiaries at Rs 450 crore. The three arms are TVS Logistics Investments UK, TVS Logistics Investments Inc USA, and TVS Supply Chain Solutions Pte Ltd, Singapore. The indicative time period for completion of investment in overseas subsidiaries is November 30, 2023.

Krishna Institute of Medical Sciences | Hospital chain on Monday said its arm KIMS Hospital Enterprises Private has acquired an additional 13.24 percent equity stake in Kondapur Healthcare Ltd. With this, KIMS Hospital's total equity stake in Kondapur Healthcare increased to 19.86 percent.