NTPC Limited to Infosys: Stocks to watch on November 27, 2024
business Nov 27 2024
Author: Nancy Tiwari Image Credits:freepik
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Vedanta
Vedanta is set to invest $2 billion in Saudi Arabia, building copper-processing facilities, including a smelter, refinery, and copper rod production plant for electric cables.
Image credits: Freepik@vladislavgrohin
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Kotak Mahindra Bank
Kotak Mahindra Bank's ₹4,100 crore purchase of Standard Chartered Bank India's portfolio of unsecured personal loans was authorized by the Competition Commission of India.
Image credits: Freepik@dienfauh
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Patanjali Foods
LIC bought 1,25,000 more shares in Patanjali Foods, increasing its ownership from 4.986% to 5.02% for ₹1,764.96 per share.
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Infosys
Infosys has announced an 85% performance bonus for eligible employees in the September quarter, benefiting junior to mid-level staff across delivery and sales units.
Image credits: Freepik@belajar
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Reliance Power
The Delhi High Court has temporarily blocked SECI’s decision to bar Reliance Power from auction participation for three years, pending legal proceedings.
Image credits: Freepik@Chano_1_Na
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Zomato
Deepinder Goyal, the CEO of Zomato, has voluntarily waived ₹3.5 crore in yearly compensation for an additional two years, until FY26.
Image credits: Freepik@CreativeDesign786
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NTPC
NTPC Green Energy has formed a 50:50 joint venture with MAHAGENCO to develop renewable energy parks in Maharashtra under the Ultra-Mega Renewable Energy Power Parks scheme.
Image credits: Freepik@toia
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Mahindra & Mahindra
Mahindra & Mahindra unveiled its electric SUVs, XUV 9e and BE 6e, built on the INGLO platform, marking its entry into “born-electric” vehicle design.