Infosys Ltd., a global IT services leader, has marked a significant milestone by becoming the first India-headquartered company to receive Binding Corporate Rules (BCR) certification. Approved by Germany’s Hesse Data Protection Authority in conjunction with the European Data Protection Board, this achievement enables Infosys to maintain robust data privacy standards while facilitating international data transfers …
Axis Bank was in focus on Friday. On December 20, 2024, Axis Bank share price opened at ₹1,103.95, slightly down from its previous close of ₹1,108.90. At 11:39 AM, the share price of Axis Bank was trading at ₹1,091.00, down by 1.61% on the NSE. The market cap of the company was ₹3,37,660.64 crore. The stock touched …
Indian markets are likely to be impacted on Friday, as indicated by GIFT Nifty futures, which were trading 86 points below Nifty50 futures at 23,932. On Thursday, the Sensex dropped 964 points (-1.20%) to 79,218.05, while the Nifty50 fell 247 points (-1.02%) to 23,951.70. Here are the key stocks to keep an eye on: Exide …
Waaree Renewable Technologies Ltd, a subsidiary of Waaree Energies, has captured market attention following the board’s approval to list its equity shares on the National Stock Exchange (NSE). This move marks a significant step for the company, already listed on the BSE, as it seeks broader visibility and investor participation. Key Developments: NSE Listing Approval …
KFin Technologies has announced its collaboration with BlackRock’s Aladdin Provider network, a move set to transform its operating model for asset managers. This partnership aims to deliver standardised, efficient, and innovative fund administration and accounting services while addressing inefficiencies in the asset management industry. Driving Efficiency with the Integration of Aladdin The asset management sector …
SpiceJet announced that it has amicably settled a $16 million dispute with Genesis. The news has significantly bolstered investor confidence, as evidenced by the airline’s share price surging over 6% on the BSE by 11:30 AM on December 19, 2024. Settlement Details The settlement terms include a $6 million payment to Genesis and an additional …
The share price of the State Bank of India (SBI), the largest public sector lender in the country, was trading 1.40% lower as of 10:10 AM on December 19, 2024. The decline comes amid a broader sell-off in banking and financial sector stocks, pushing SBI to a three-week low. This downward trend mirrors the overall …
On December 19, 2024, Asian Paints shares continued their downward spiral, dropping by 1.80% to ₹2,304 on the NSE as of 9:25 AM. The stock touched a 52-week low of ₹2,280.70 and has declined by a staggering 32.25% year-to-date. Investors are closely watching the company, which also announced significant changes in its senior management. Share …
Lloyds Metals and Energy Limited (LLOYDSME) has announced its decision to acquire a 79.82% equity stake in Thriveni Earthmovers Private Limited (TEPL) for an investment of ₹70 crore. This acquisition underscores Lloyds Metals’ commitment to enhancing its presence in the mining and logistics sector. Key Details of the Acquisition Stake Details Lloyds Metals will acquire …
NITCO’s share price jumps 1.7% to an intraday high of ₹144 at 11:11 AM (IST) on the BSE. The share price gains after the announcement of a substantial order worth ₹105 crore from Bengaluru-based real estate firm Prestige Group. The order solidifies NITCO’s reputation as a leading provider of premium surface solutions for India’s real estate sector. …
