2021-10-07 06:14:47
Stocks in News - 7 Oct 20211) Titan: Titan’s jewellery business saw a 78% year-on-year revenue growth in the second quarter of the financial year 2022.
2) TCS & SBI: TCS’s long-standing partnership with the State Bank of India (SBI) has been extended for another five years.
3) Textile stocks: The Union Cabinet approved the setting up of 7 Mega Integrated Textile Region and Apparel parks.
4) SREI Infrastructure Finance: Srei Group’s promoters, Adisri commercial Pvt. Ltd, have moved the Bombay High Court against Reserve Bank of India’s (RBI’s) action on Srei Infrastructure Finance Ltd (SIFL) and Srei Equipment Finance Ltd (SEFL).
5) Rail Vikas Nigam Limited (RVNL): The company has entered into a Memorandum of Understanding (MoU) with Braithwaite & Co. Limited (BCL).
6) Hindustan Zinc: The company will invest $1 billion over the next five years to make its mining operations environment-friendly, the company’s CEO Arun Misra said.
7) Ambuja Cements: Life Insurance Corporation of India acquired 3.99 crore equity shares in Ambuja Cements via open market transactions.
8) Sobha: Sobha’s new sales in volume terms stood at 13,48,864 square feet in Q2 FY 2022.
9) Nazara Technologies: Nazara Technologies has raised Rs 315 crore through a preferential allotment of equity shares to two institutional investors.
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