On June 20, 2024, Infosys, a global leader in digital services and consulting, announced that it will ring the Opening Bell at the New York Stock Exchange (NYSE) on June 21, 2024. This event marks the 25th anniversary of Infosys being listed in the US. CEO Salil Parekh, CFO Jayesh Sanghrajka, and other key Infosys …
At 10:09 am, the BSE Sensex surged 0.03%, reaching a level of 77,505. The Nifty 50 index is up 0.14% to the 23,601 level. On the Sensex, Bharti Airtel Ltd, Infosys Ltd and Tata Consultancy Services Ltd were among the top gainers, whereas Reliance Industries Ltd, Hindustan Unilever Ltd and Tata Steel Ltd were among …
On Friday, the benchmark indices were trading in the green with the Sensex up around 60 points or 0.06% at 77,538, while the Nifty-50 was up around 40 points or 0.17% at 23,607. About 2,008 shares have advanced; 1,113 declined and 106 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Kirloskar Pneumatic Company Ltd. (KPCL), a leading manufacturer of air, refrigeration, and gas compressors, announced a strategic move today by signing a memorandum of understanding (MoU) to acquire a majority stake (over 51%) in M/s. Systems & Components India Private Ltd (S&C). Expanding into Industrial Refrigeration This acquisition marks a significant step for KPCL as …
On June 21, 2024, H.G. Infra Engineering Limited incorporated two subsidiary companies: H.G. Rajlani Solar Project Private Limited and H.G. Barni Solar Project Private Limited. The acquisition of H.G. Rajlani Solar Project Private Limited and H.G. Barni Solar Project Private Limited by H.G. Infra Engineering Limited may constitute related party transactions since these companies are …
GE Power India Limited (GEPIL) announced a significant new order securing a Letter of Intent from NTPC GE Power Services Pvt. Limited (NGSL) for the renovation and modernisation of steam turbines at Wanakbori Thermal Power Station (TPS) Units 1 & 2. This project focuses on enhancing the performance and longevity of the existing LMZ steam …
Hindustan Zinc Limited (HZL) informed in a stock exchange filing that it has entered into a Memorandum of Understanding (MoU) with AEsir Technologies, Inc., a US-based company specialising in advanced zinc battery technologies. According to the MoU, Hindustan Zinc will be the primary supplier of zinc, a critical raw material for AEsir Technologies’ next-generation batteries. …
On June 21, 2024, Tata Consultancy Services Limited informed in a stock exchange filing that it had expanded its strategic partnership with Xerox through a landmark, end-to-end transformation program. This initiative aims to accelerate Xerox’s evolution into a simplified, services-led, software-enabled organisation. Under the agreement, TCS will consolidate Xerox’s technology services to enhance business outcomes, …
Jio Financial Services & HBL Power Systems are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 361.45 and Rs 513.25 respectively, their price aligns with positive signals from technical …
On June 21, 2024, Tata Power Company Limited (TPCL) informed in a stock exchange filing that CARE Ratings Limited has upgraded the company’s Long-Term rating on the bank and debt facilities from ‘CARE AA/Positive’ to ‘CARE AA+/Stable’. CARE Ratings Limited stated that the company ratings have been revised upward due to improved profitability from Mundra …
