Sign In
By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
Kolkata: At close of trade, BSE Sensex was at 84,559.65, down 120.21 points or 0.14%, while Nifty 50 closed the session of Dec 17 at 25,818.55, down 41.55 points or 0.16%. While the market continued to be under pressure on Dec 17, media, realty and consumer durables stocks witnessed selling. Today, investors are expected to keep a close watch on several individual stocks.
HCL Technologies
This IT major has been selected as a strategic partner by ASN Bank, the fourth largest retail bank in the Netherlands. Under a multi-year agreement, HCLTech will support the bank's enterprise applications and make services more efficient through a distributed delivery model.
Jio Financial Services
The company's board has approved the appointment of Venkata Peri as Group Chief Operating Officer. This appointment will be effective from December 22.
Cyient
The company's subsidiary, Cyient Semiconductors Singapore, has struck an agreement to acquire more than 65% stake in Kinetic Technologies. This deal is worth about $93 million. This acquisition is expected to strengthen the company's position in the power IC segment related to Edge AI and high-performance computing.
One 97 Communications
The RBI has granted approval to Paytm Payments Services to operate as a payment aggregator for physical (offline) payments and cross-border transactions. Paytm now holds licenses in all three segments: online, offline, and international.
AstraZeneca Pharma India
The company has received permission to import, sell, and distribute the new drug Datopotamab Deruxtecan in India. This drug will be used specifically for the treatment of breast cancer.
Titagarh Rail Systems
Titagarh Rail Systems has received its first order from Indian Railways related to safety and signaling systems. This order, worth Rs 273.24 crore, includes the design, manufacturing, supply, testing, and commissioning of Rail Borne Maintenance Vehicles.
Antony Waste Handling
The company's subsidiary, AG Enviro Infra Projects, has received two contracts worth Rs 1,330 crore for municipal solid waste collection and transportation in Mumbai. These projects are from the BMC and will be executed under a joint venture structure.
GMR Power and Urban Infra
The company's board has approved the issuance of 6.61 crore equity shares to raise Rs 800 crore. Additionally, the issuance of convertible warrants worth Rs 400 crore has also been approved.
Indian Overseas Bank
The government has decided to exercise the oversubscription option in the Offer for Sale. A total of 46.12 crore equity shares will be sold, representing approximately 2.395% of the bank's stake.
KP Energy
The KP Group has signed an MoU with the Government of Botswana for large-scale renewable energy, energy storage, and transmission projects. This project is expected to involve an investment of approximately ₹36,000 crore.
Mahindra Lifespace Developers
The company has launched a new residential project called Mahindra Blossom in Whitefield, Bengaluru. The potential gross development value of this project is estimated at approximately Rs 1,900 crore.
ISGEC Heavy Engineering
The company has completed the acquisition of a 26% equity stake in FPEL HR1 Energy.
GE Vernova T&D India
The company has received a Letter of Award from Power Grid Corporation for the refurbishment of the HVDC Chandrapur back-to-back link. This project involves upgrading the HVDC systems.
Denta Water and Infra Solutions
The company has secured four major water infrastructure projects in Karnataka. The total value of these projects exceeds Rs 106 crore.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, any form of alternative investment instruments and crypto assets.)
