Here are some of the stocks that may see significant price movement today.
IRCTC: The business has signed an MOU with the Maharashtra State Road Transport Corporation (MSTRC) to enable MSRTC’s online bus booking services via IRCTC’s bus booking portal/website. The precise roles and duties of IRCTC and MSRTC for executing the aforesaid project will be finalized in collaboration by both parties.
Adani Group stocks: Adani Group is in discussions with banks to refinance debt taken on to support its acquisition of Ambuja Cements, with lenders separated into three groups in what might be Asia’s largest syndicated loan deal of the year.
Wipro: The business has announced the establishment of a Cyber Defense Center (CDC) in Dusseldorf, Germany. Wipro’s CDCs are strategically located throughout the world to provide localized support and meet customers’ cybersecurity and compliance needs.
NBCC (India): The company has signed a quadripartite Memorandum of Understanding (MoU) with the Ministry of Steel (MoS) of the Government of India, Rashtriya Ispat Nigam Limited (RINL), and National Land Monetization Corp. Ltd. (NLMC) for the monetization of RINL’s non-core properties in Vishakhapatnam.
Reliance Industries: Reliance Retail, a subsidiary of Reliance Industries, is in talks with existing investors, including sovereign wealth funds from Singapore, Abu Dhabi, and Saudi Arabia, for a combined additional investment of approximately $1.5 billion.
Shree Cement: The proposed Non-Convertible Debentures (NCDs) rating of Rs 700 crore CARE AAA; Stable (Read as Triple-A, Outlook: Stable) has been reaffirmed by CARE Ratings.
KPI Green Energy: Under the CPP category, KPI Green Energy has commissioned a 7.80MW wind-solar hybrid power plant with 4.20 MW wind and 3.60 Mwdc solar capacity.
Bombay Dyeing and Manufacturing: The board of directors authorized the plan to sell a 22-acre land block in Worli, Mumbai, to Goisu Realty Private Limited (a subsidiary of Sumitomo Realty & Development Company Limited) in two phases for a total price of about Rs 5,200 crore. BDMC will receive around Rs 4,675 crore in Phase I and the remainder in Phase II.
Venus Remedies: The company announced its recent registration with the Indian government’s Department of Scientific and Industrial Research (DSIR). This will assist the organization in obtaining customs duty exemptions.
NIIT: In conjunction with CENTURY 21 Heritage Group, NIIT Canada, a wholly owned subsidiary of NIIT Learning Systems, announced the successful adoption of its Xsel Learning platform. The introduction of Xsel, according to the organization, represents a substantial development in real estate education pedagogy and technology, bringing groundbreaking digital learning solutions to the CENTURY 21 Heritage Group.
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