Last Updated: December 13, 2023, 08:40 IST
Stocks to Watch: GIFT Nifty on the NSE IX traded 7 factors, or 0.03 per cent, greater at 21,078.50, signaling that Dalal Street was headed for a muted begin on Wednesday.
Wipro: It signed a brand new settlement with one of the world’s main basic insurance coverage firms, RSA to assist speed up the insurer’s migration to the cloud and construct a scalable IT infrastructure.
Axis Bank: As per Moneycontrol, non-public fairness large Bain Capital is probably going to promote an extra stake within the lender by way of a contemporary block deal price $444 million as we speak. Entities related to Bain Capital are wanting to promote a 1.1 per cent stake.
Laurus Labs: Laurus Synthesis, an entirely owned subsidiary of Laurus Labs, has been issued a Form 483 with 5 observations after the US FDA inspected its manufacturing facility in Parawada, Anakapalli, close to Visakhapatnam between Dec 4-12.
SRF: The firm mentioned two of the 4 new vegetation have been commissioned and capitalized at an mixture price of Rs 225 crore. This relates to its earlier announcement of capital expenditure to arrange 4 vegetation and capability enhancement of an current plant at an estimated price of Rs 604 crore.
CGDs: Gas firms have advised the government they’re cautious of committing investments with out realizing the time interval wherein pure gasoline will probably be provided a free play within the financial system. Read
Bank of Baroda: The financial institution’s capital elevating committee will meet on Dec 15 to take into account fundraising.
Indian Bank: The public sector lender has launched a certified establishment placement (QIP) challenge at a flooring worth of Rs 414.44 per share. The challenge worth will probably be fastened on Dec 15.
Shilpa Medicare: Shilpa Medicare’s Unit VI, Bengaluru has obtained approval from TGA, Australia to manufacture medicinal oral mouth dissolving movies (wafers). This approval will allow the corporate to safe approval and market its oral movie merchandise in Australia.
Force Motors: The agency’s board has authorized a plan to purchase 12.2 per cent stake in TP Surya, an entirely owned subsidiary of Tata Power Renewable Energy, to procure solar energy from a selected photo voltaic plant, which will probably be established by TP Surya beneath Open Access Mode.
Jammu & Kashmir Bank: The financial institution’s board assembly will probably be held on Dec 14 to take into account fundraising.
Mankind Pharma: Mauritius-based Beige Ltd has offered partial stake in Mankind Pharma by bulk offers on Tuesday. The buyers have offered about 1.44 crore shares or 3.6% stake at Rs 1,832 apiece, taking the deal worth to Rs 2,640 crore.
Bank of Baroda: A gathering of capital elevating committee of the Bank is scheduled to be held on December 15 to focus on and finalize the quantum of the primary tranche of Tier II/Sub debt devices challenge inside the Board authorized capital elevating plan.
Equitas Small Finance Bank: The Board authorized the appointment of Ashwini Biswal as Chief Compliance Officer of the Bank for a interval of 5 years.
Disclaimer:Disclaimer: The views and funding ideas by consultants on this News18.com report are their very own and not these of the web site or its administration. Users are suggested to verify with licensed consultants earlier than taking any funding selections.
