Improving global sentiment could drive domestic markets higher in Tuesday’s trade. At 7:20 am, the SGX Nifty was trading at the 17,071 level, up more than 58 points.

Globally, US markets were mixed overnight, with the Dow and S&P 500 up 0.6% as concerns over the banking sector continued to ease. On the other hand, the Nasdaq Composite fell 0.4%.

Coffee Day Enterprises: Capital markets regulator Sebi fined the company Rs 10 crore for “aiding and abetting” funds transfer to Rs 3,535 crore. According to the order, the company was directed to pay the fine within 45 days.

L&T: The company’s power transmission and distribution business has won new orders in domestic and foreign markets. While the company has secured orders in Rajasthan, Gujarat and Chhattisgarh, it has also secured international orders in Saudi Arabia and Malaysia.

Reliance Capital: As part of the resolution process, the heavily indebted company held a second auction on April 4 to maximize recovery. The Hinduja Group’s IIHL reportedly told the CoC they would keep Rs 9,000 crore in advance for the tender.

Aditya Birla Capital: The company has decided to sell its entire stake in Aditya Birla Insurance Brokers to Edme Services for an undisclosed amount. The proposed deal includes the sale of 25 lakh equity shares held by the company at Rs 10 each.

Tata Motors: The company signed an agreement with clean energy solutions provider Gentari to deliver 5,000 commercial electric vehicles. The MoU is signed through its affiliated entities for three years.

IDFC First Bank: The private sector lender signed an agreement with Swedish company Crunchfish to pilot a project demonstrating offline retail payments.

Tata Communications: The company brings JAMVEE, a cloud-based application with an integrated and simplified voice-calling solution to enhance employee experience and productivity.

KEC International: Rating agency ICRA reaffirmed the company’s credit rating on a Rs 21,850 crore credit facility and a $20 million ECB loan.

PNC Infratech: The company has been announced as the lowest (L-1) bidder in the Ministry of Road Transport and Highways project for constructing a four-lane expressway with paved shoulders at Rs 819 crore in Uttar Pradesh, HAM.

Gati: Allcargo Logistics has signed a share purchase agreement with KWE-Kintetsu World Express and KWE Kintetsu Express (India) to acquire 30% of KWE’s equity held by Gati-Kintetsu Express, a subsidiary of Gati Materials.

Dilip Buildcon: The company has been announced as the L-1 bidder for the new HAM project ‘Bengaluru-Vijayawada’ worth Rs 780.12 crore in the first phase of Bharatmala Pariyojana in Andhra Pradesh.

Carysil: The company has renewed its contract with ‘Karran Inc USA’ to supply Rs 550 crore of quartz kitchen sinks for five years from FY24.