The Indian market is likely to open on a tepid note on Monday as the SGX Nifty, an early indicator of the Nitfy50 open, was trading 37.50 points or 0.28 percent lower at 13,289.50 at 7:10 am, which indicates a negative start for the domestic market. market.
Maruti Suzuki India | The company’s total production in November increased 5.91 percent to 1.50,221 units from 1.41,834 units, year-over-year. Passenger vehicle production increased 5.38 percent to 1.46,577 units from 1,39,084 units, year-over-year. (Image: Reuters)
ICICI Bank | Fitch affirmed ICICI Bank’s issuer rating at BB + with a Negative outlook.
Banking axis | Fitch confirmed Axis Bank’s issuer rating at BB + with a Negative outlook.
ONGC | The subsidiary of oil explorer ONGC Videsh carried out a “significant” oil strike in Colombia.
NMDC | The Donimalai mine will increase annual iron ore production by 7 mtpa.
Eicher Motors | VE Commercial Vehicles has started commercial operations at its new manufacturing unit in Bagroda, Bhopal. In a first phase, the plant will have the capacity to manufacture 40,000 trucks. (Image: Company)
Tata consumer products | The Australian-based company’s subsidiary will sell MAP Coffee Business to Buccheri Group for AU $ 1.25 million (Rs 6.74 crore).
Tata power | The company has received letters of intent from the Odisha Electricity Regulatory Commission (OERC) to hold the licenses for the distribution and retail supply of electricity in the WESCO Utility & SOUTHCO Utility licensing area.
Global KPI infrastructure | The company has signed a new long-term power purchase agreement with Alliance Fibers, Surat for the sale of 1.30 MW solar power for a period of 20 years under the Independent Power Producer (IPP) commercial vertical.
ITD Cementation India | The credit rating agency ICRA has reaffirmed the long-term rating for the credit facility (LOC) at A. The long-term rating outlook has been revised to negative from stable.
Smartlink holdings | The company’s board of directors has approved the proposal to buy back up to 33.25 lakhs of capital shares at a price of Rs 95 per share, for up to Rs 31.58 crore.
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