Singapore Stock Exchange Nifty futures traded 52.5 points, or 0.30%, down to 17,437.5, indicating equity markets could start in the red on Tuesday. The following 10 stocks could see their prices fluctuate today:
The 20 MW Gandhar Solar PV project in Gandhar, Gujarat has a first-party capacity of 10 MW which the state-owned power generation company has declared operational. As a result, NTPC will have a stand-alone installed and commercial capacity of 55,099 MW.
Tata Consulting Services:
The country’s largest software exporter has struck a deal with Absa Corporate and Investment Bank of Africa for an undisclosed price. The bank’s investor services operations in Africa will change accordingly, and the customer experience will be improved.
Bank of Baroda:
The public lender has announced that it will sell bonds to raise Rs 2,500 crore to fund the expansion of the business. The issue of Basel III-compliant Additional Tier 1 (AT1) bonds in one or more tranches has been approved by the bank’s fundraising committee.
The pharmaceutical company forecasts flat to low single-digit growth for its U.S. business in 2022-2033, due to headwinds including price erosion and erratic USFDA product approvals.
A branch of the utility company owned by the Tata Group has partnered with Sidbi to create 1,000 green energy businesses across the country. The program will support the rapid facilitation of financial linkages and clean energy provided by micro-grids to foster sustainable rural entrepreneurship.
According to the private lender, the board has approved raising up to Rs 3,000 crore to fund the business expansion of the business. Shareholder authorization for fundraising is required.
Sobha Developers Ltd:
Following a settlement in a case involving alleged fraudulent transaction and disclosure violations, market regulator Sebi concluded arbitration proceedings against real estate company Sobha and four individuals. The four people each contributed Rs2,92,50,000 to the settlement.
The most diversified agribusiness company reported that it has signed memorandums of understanding with the governments of Assam, Manipur and Tripura for the advancement and promotion of oil palm cultivation in the three states in the framework of the National Mission’s initiative on edible oils and oil palm. .
Bank of India:
In terms of green finance, the public institution has entered into a partnership with the Indian Renewable Energy Development Agency (IREDA). The two organizations will collaborate on loan syndication, co-origination and co-lending in the renewable energy sector.
Lemon Tree Hotels:
The hotel chain has signed a licensing agreement for a 65-room hotel under its brand, the “Lemon Tree Hotel”, in Hubli, Karnataka. By May 2023, the hotel is expected to be open for business.