NEW DELHI Here is a list of the top ten stocks that may appear in the news on Thursday:
Wipro: The Bengaluru-based IT company has won a multi-year contract with Verifone, a global leader in commerce and payments solutions, to drive agility in its cloud service offerings.
Bharti Airtel: Nettle Infrastructure Investments, a subsidiary of Bharti Airtel, has acquired an additional 4.94% stake in Bharti Infratel for ₹2,882.32 million rupees. With this transaction, Bharti Airtel’s total direct and indirect stake in its mobile tower arm Infratel has increased to 41.66%.
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DHFL: The lenders of Dewan Housing Finance Corp Ltd have moved the Mumbai court of the National Company Law Court (NCLT) to initiate personal insolvency proceedings against former developers Kapil and Dheeraj Wadhwan. DHFL must ₹Rs 87,031 crore to financial creditors, including ₹39 billion rupees from banks.
Tata Chemicals: Tata Sons Pvt Ltd, a promoter of Tata Chemicals, on Wednesday bought more than 18 lakhs of company stock worth ₹Rs 76 crore through open market transactions. Based on Tata Chemicals holding data for the September 2020 quarter, Tata Sons had a 29.39% stake in the company as a developer.
IT companies: In a major relief to thousands of skilled foreign workers in the US and US IT companies, a US court ruled against two H-1B visa regulations proposed by the Donald Trump administration that restricted companies hire foreign employees. The stricter rules for H1-B visas were scheduled to go into effect on December 7.
Apollo Hospitals: Major healthcare company Apollo Hospitals Enterprise said Wednesday its board approved the proposal to seek shareholder approval to raise up to ₹1.5 billion rupees by post.
Trust capital: The company has received preliminary offers from private equity firms, including Blackstone, Bain Capital and Oaktree, for the businesses it has put up for sale.
M&M: CARE has reaffirmed the credit ratings of the company’s short-term and long-term banking facilities by value ₹Rs 1,441 crore at ‘A1 +’ and ‘AAA’ with stable outlook respectively. The ratings assigned to the banking facilities of Mahindra & Mahindra Limited (M&M) continue to reflect its dominant market position in the Indian tractor industry and light commercial vehicle (LCV) segment along with its diversified product profile, the agency said. qualifying.
Ceat: Tire maker Ceat has partnered with Nissan Motor to supply tires for the Japanese automaker’s new Magnite subcompact SUV. The compact SUV market in India will grow exponentially in the coming years, and Ceat has the best product offering in its class in this segment, the company said in a statement.
MCX: Leading commodities exchange MCX has received approval from the markets regulator Securities and Exchange Board of India (Sebi) for the launch of natural rubber futures trading.
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