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The new appointments bring a great amount of cognitive diversity to the board, with luminaries from the worlds of banking, wealth management, audit and infrastructure financing

South Korea industrial output climbed a seasonally adjusted 0.6 percent on month in February, Statistics Korea said on Thursday, following the upwardly revised 0.3 percent increase in January (originally 0.2 percent). On a yearly basis, industrial production jumped 6.5 percent following the downwardly revised 4.2 percent gain in the previous month (originally 4.3 percent). Powered by Commodity Insights

The rating on commercial paper Rs200 crore of the company has been upgraded to Acuite A1+.

The increased liquidity will boost the overall growth of the country and also ensure the revival of various stressed power assets.

The domestic equity barometers traded near the flat line, with some negative bias in afternoon trade. The Nifty was trading a tad below the 17,500 mark. FMCG shares outperformed while pharma and healthcare stocks edged lower. At 13:22 IST, the S&P BSE Sensex was down 4.15 points or 0.01% to 58,679.84. The Nifty 50 index lost 4.15 points or 0.02% to 17,494.10. Hindalco (down 4.52%), […]

Here is the stock market performance at 1:30 PM today.

Canara Bank has been allotted with 8,80,000 equity shares of India Debt Resolution Company (IDRCL) under preferential allotment vide Companys Board Meeting dated 30 March 2022. With this round of preferential allotment, the equity stake of the Bank in IDRCL has reduces to 5% from previously held 14.90%. Powered by Capital Market – Live News

Bank of Baroda has been allotted 9,01,000 equity shares of India Debt Resolution Company (IDRCL) under preferential allotment at IDRCLs Board Meeting dated 30 March 2022. The shareholding translates into a 5% stake for the Bank in share capital of IDRCL. Powered by Capital Market – Live News

Earlier in March 2021, GAIL has also completed a buyback of securities worth Rs1,406 crore consisting of about 6.97 crore shares at Rs150 per share.

Bharti Airtel and Tech Mahindra today announced a strategic partnership to build and market innovative solutions for Indias digital economy by bringing together their core strengths. Airtel and Tech Mahindra will co-develop and market 5G use cases in India. Airtel has been spearheading 5G demos and testing in India while Tech Mahindra has developed world-class 5G applications and platforms. Airtel and Tech Mahindra will set […]