Here are some of the stocks that may see significant price movement today.
Tata Motors: India’s top commercial vehicle maker may raise prices by up to 3% beginning October 1. The price increase is intended to counteract the residual impact of previous input increases and will apply to the complete range of commercial vehicles.
Biocon: The biopharmaceutical company’s Board of Directors has approved the appointment of Peter Bains as Group Chief Executive Officer (CEO), effective September 18. He would be directly reporting to Biocon Group Chairperson Kiran Mazumdar-Shaw.
BHEL: The government has approved Tajinder Gupta’s appointment as Director (Power) of BHEL, effective September 1. At the time of his appointment, Tajinder was the Chief General Manager (CGM) of NTPC.
Wipro: Wipro CyberTransform – Intelligent ServiceNow Risk and Security Solutions has been developed in collaboration between the technology services and consulting firm and ServiceNow and Wipro. The technology will allow organizations to more rapidly and efficiently combine their risk, compliance, and security postures.
NBCC: The Khadi & Village Industries Commission has awarded the state-owned construction company a work order for Rs 150 crore. The order covers the planning, design, and execution of prospective projects such as the construction of office building(s), residential campus, redevelopment, repair, and rehabilitation of KVIC properties across India.
HDFC Bank: The Reserve Bank of India has accepted the reappointment of Sashidhar Jagdishan as the bank’s Managing Director and Chief Executive Officer for a three-year term beginning October 27, 2023 and ending October 26, 2026.
JK Lakshmi Cement: The cement business will acquire a 20.8% stake in the Amplus Helios special purpose vehicle (SPV). The business proposes to source 40 MWAC of solar power for its Durg unit via a special-purpose vehicle (Amplus) under the captive power plant concept.
Torrent Pharma: Torrent Pharmaceutical is in preliminary talks with Apollo Global Management to acquire a loan of up to $1 billion to assist in supporting a proposed bid for Cipla.
LTIMindtree: LTIMindtree has launched Oracle SaaS Testing as a Service. Following the success of RELY – a comprehensive suite of assurance and compliance services platform for enterprise applications – this new product establishes a new benchmark for Oracle SaaS testing.
DCM Shriram: Fenesta, DCM Shriram’s leading windows and doors brand, has entered into a strategic technological relationship with Inventure Metal Products Industries LLC, the façade building solution provider in the UAE construction market. The aforementioned strategic partnership will boost India’s facade industry.
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