Top 10 stocks for today – 22nd November 2023

22 Nov 2023 , 08:15 AM

Maruti Suzuki: The automaker said that its board of directors would meet on November 24 to consider a preferential issuance of 1,23,22,514 equity shares to Suzuki Motor Corporation (SMC).

Titan Company: Titan Company’s acquisition of an additional 27.18 percent stake in CaratLane Trading has been authorized by the Competition Commission of India (CCI). Mithun Padam Sacheti, Siddhartha Padam Sacheti, and Padamchand Sacheti will sell their extra CaratLane shares to Titan.

Colgate Palmolive: During November 16-17, the State Goods and Service Tax Officer searched the oral care company’s Chennai warehouse. The company’s business activities resumed as usual. A fine of Rs 1 lakh was imposed for minor procedural violations under Section 125 of the CGST Act and the SGST Act.

Wipro: The technology consulting and services firm established a partnership with NVIDIA to assist healthcare organizations in accelerating the adoption of generative artificial intelligence (gen AI) through AI-driven strategies, products, and services.

Tata Consultancy Services: In the EPIC Systems Corporation case, the United States Supreme Court denied TCS’ petition to review the rulings of the US Court of Appeals, 7th Circuit. The court judgment confirmed the District Court of Wisconsin’s punitive damages award of $140 million.

Bharat Petroleum Corporation: The oil marketing firm said that the Board of Directors would meet on November 29 to discuss the proposal to declare an interim dividend for FY24 and set the record date.

Bank of Baroda: The Life Insurance Corporation of India has expanded its holding in the public sector bank to more than 5%. LIC purchased 24.39 lakh shares in the bank, increasing its overall ownership to 5.031% from 4.984% previously.

JK Tyre & Industries: Dr. Jorg Nohl has been appointed as an extra director in the category of independent director for five years in a row, effective November 21, subject to the approval of the company’s members.

Power Finance Corporation: PFC Consulting, a wholly owned subsidiary of the state-owned Power Finance Corporation, has formed a wholly owned subsidiary (special purpose vehicle, SPV), Ramakanali B Panagarh Transmission, to create the intra-state transmission system at Ramakanali and Panagarh, as well as the related transmission line.

Bharti Airtel: The Indian National Space Promotion and Authorization Centre (IN-SPACe) has awarded Bharti-backed low earth orbit (LEO) satellite startup OneWeb the required regulatory permits to offer commercial broadband services in India.

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