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Sunil Mittal’s firm buys stake in AU Small Finance Bank According to data available on BSE, Bharti SBM has bought 24, 12,000 shares in the bank at Rs 414.16 apiece on May 15. At this price, the transaction is valued at Rs 100 crore. Read more at https://www.moneycontrol.com/news/business/companies/au-small-finance-bank-promoter-sells-shares-worth-rs-100-crore-5273961.html

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Lava to shift operations from China to India, invest Rs 800 crore in 5 years The government in April notified three schemes involving total incentives of around Rs 48,000 crore to boost local electronics manufacturing and create 20 lakh direct and indirect jobs by 2025. The notification included production linked incentive scheme. Read more at https://www.financialexpress.com/industry/lava-to-shift-operations-from-china-to-india-invest-rs-800-crore-in-5-years/1960602/

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