SBI to Maruti Suzuki: Stocks to watch on November 26, 2024
business Nov 26 2024
Author: Nancy Tiwari Image Credits:Freepik
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Zomato
Zomato has started a Qualified Institutions Placement (QIP) offering with a floor price of ₹265.91 per share to bolster its balance sheet, raising ₹8,500 crore.
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BHEL
In partnership with Hitachi Energy, Bharat Heavy Electricals Limited won a contract to set up HVDC terminal stations for the Khavda Renewable Energy Zone project.
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Vedanta
Vedanta is issuing $500 million in bonds to test global investor confidence in Indian offshore debt, amid challenges from a recent bribery case.
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HDFC Life
HDFC Life Insurance reported a data breach after customer information was shared by an unidentified source, initiating a security assessment to identify the cause.
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HUL
Hindustan Unilever Limited's board approved the demerger of its ice cream business, aligning with Unilever’s strategy to separate the business into a distinct entity.
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Wipro
Wipro appointed Omkar Nisal as CEO of its Europe Strategic Market Unit, succeeding Pierre Bruno, to drive growth and report directly to CEO Srinivas Pallia.
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Maruti Suzuki
Maruti Suzuki reached the milestone of exporting 3 million cars from India, serving markets in Latin America, Africa, Asia, and the Middle East.
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SBI
The State Bank of India plans to deploy $1.5 billion in international operations, funded through $500 million in bonds and $1 billion in syndicated loans.