All You Need To Know Going Into Trade On Nov. 23

  • TCS: The IT major was ranked first in Spain for customer satisfaction in service delivery among IT and cloud services providers. 

  • ICICI Bank: The sredit rating company Care Rating has reaffirmed CARE AAA; Stable to ICICI Bank’s infrastructure bonds.

  • Infosys: The IT giant announced a strategic long-term collaboration with TK Elevator to consolidate, harmonise, and modernise TK Elevator’s digital landscape.

  • Bharti Airtel: Tamil Nadu DoT imposed a penalty of Rs 2,45,000 for an alleged violation of subscriber verification norms.

  • ACC: The NSE and BSE imposed a penalty of Rs 47,000 each for delays in the appointment of key managerial personnel.

  • Tata Steel: The company allotted 7.5 crore shares to Tata Steel Long Products and their shareholders in the scheme of amalgamation.

  • UPL: The company has incorporated a wholly owned subsidiary, Avanta Seeds, in South Africa.

  • R Systems: BSE and NSE imposed a fine of Rs 76,000 each on the company for non-compliance with the regulations of SEBI.

  • Indigo Aviation: The company got a tax demand notice of Rs 7,396.76 million and Rs 9270.31 million, for which the company had preferred appeal before CIT-Appeal.

  • Welspun Corp: The company’s subsidiary, Sintex BAPL, received the Odisha Government’s nod for its proposal to invest Rs 479.47 crore in setting up a manufacturing unit with a capacity of 37,520 MT.

  • Shalby: The company executed the amendment agreement to the operation and management agreement with the Santacruz Residents Association and Smt. Bhikhubai Chandulal Jalundwala General Hospital (Trust) to enable the company to execute the project at Santacruz, Mumbai.

  • Power Grid Corp: The company approved a power project worth Rs 142.69 crore in Telangana and a power project worth Rs 224.41 crore in Gujarat.

  • Adani Enterprise: NSE imposed a fine of Rs 34,000 for delaying approval for the appointment or continuation of a non-executive director who attained the age of 75 years.

  • TVS Motor: The automaker announced its entry into Vietnam in collaboration with Minh Long Motors, its distribution partner.

  • Indian Railway Finance Corporation: NSE and BSE imposed a fine on the company of Rs 5,42,800 each for non-compliance with regulatory

  • BPCL: The company bagged the new project of value 32.62 million under the Gati Shakti Sealdah Division of Eastern Railway. NSE and BSE have imposed a fine on the company of Rs 5,42,800 each.

  • Techno Electric: The company signed a MoU with Keppel Data Centres Pvt. for collaboration on joint data centre campus development.

  • Ambuja Cement: The NSE and BSE have imposed a fine on the company of Rs 47,000 for the delayed appointment of the company secretary and compliance officer.

  • C.E. Info Systems: The board meeting is scheduled for Nov. 27 to consider and approve the proposal to raise the funds.

  • Adani Green: NSE and BSE have imposed a fine on the company of Rs 5,61,680 each.

  • Neuland Laboraties: The company appointed Dr. Sharadsrikar V. Kotturi Chief Scientific Officer (CSO) w.e.f. Nov. 22, 2023.

  • Mastek: NSE and BSE have imposed a fine on the company of Rs 5.84,000 each.

  • Honasa Consumer: The company reported Rs 496 crore in revenue from operations in Q2 FY24, up 21% YoY. The parent of Mamaearth reported a profit after tax of Rs 29 crore, up 94% YoY.

  • Max Estates: The real estate arm of Max Group’s received a completion cum occupancy certificate for phase 2 of Max House. The phase of development has a net leasable area of around 1.5 lacs sq. ft.

  • Genesys International: The company and Survey of India signed a strategic partnership for creating digital twins of major cities and towns.

  • Lux Industries: The company will carry out businesses across four separate verticals.

  • Elpro International: The company acquired 2.4 lakh equity shares of JSW Infra for Rs 5 crore.

  • Servotech Power: The company won orders for 2649 EV chargers from BPCL. The company will be responsible for manufacturing, supplying and installing EV chargers strategically across the nation.



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