TATA Motors,
Today’s stocks to watch: Domestic markets are likely to benefit from improvements in global sentiment in Tuesday’s trade. The SGX Nifty was trading at 17,071 at 7:20 a.m., up 58 points.
Overnight, US markets were mixed around the world as concerns about banks continued to ease, with the Dow Jones and S&P 500 both rising by 0.6%. On the other hand, the NASDAQ Composite experienced a 0.4% decline.
On the other hand, the Nikkei 225, S&P 200, Topix, and Hang Seng indices in Asia-Pacific advanced by 1% this morning.
In the meantime, these stocks are likely to trade on Tuesday in the United States:
Coffee Day Business: For “aiding and abetting” the diversion of funds totaling Rs 3,535 crore, the company was subject to a penalty of Rs 10 crore from SEBI, the regulator of the capital markets. The order required the company to pay the fine within 45 days. More from L&T: New orders have been placed in domestic and international markets for the power transmission and distribution division of the company. The business has received orders in Rajasthan, Gujarat, and Chhattisgarh, in addition to Saudi Arabia and Malaysia. Continue reading Reliance Capital: In an effort to maximize recovery as part of the resolution process, the debt-laden company decided to participate in the second auction on April 4. The Hinduja Group’s IIHL told the CoC, according to reports, that they will delay the Rs 9,000 crore bid. Continue reading Aditya Birla Capital: The company made the decision to transfer Adme Services’ entire stake in Aditya Birla Insurance Brokers for an undisclosed sum. 2.5 million equity shares of the company were to be sold in the proposed transaction for Rs 10 each.
Motors by Tata: In order to deliver 5,000 e-commercial vehicles, the company collaborated with Gentari, a provider of clean energy solutions. The three-year agreement was signed through its affiliated unit.
First IDFC Bank: Crunchfish, a Swedish company, and the private sector lender agreed to run a project to demonstrate offline retail payments.
Communications by Tata: To improve employee experience and productivity, the company has developed JAMVEE, a cloud-based application with an integrated and simplified voice calling solution.
International KEC: The company’s $20 million ECB facility and Rs 21,850 crore line of credit received a new credit rating from rating agency ICRA.
PNC Technologies: In a Ministry of Road Transport and Highways project for the construction of a 4-lane highway with paved shoulders in Uttar Pradesh at HAM for a price of Rs 819 crore, the company was identified as the lowest (L-1) bidder.
Speed: Allcargo Coordinated factors has consented to impart buy arrangements to KWE-Kinetsu World Express and KWE Kintetsu Express (India) to get 30% stake KWE held in Gati-Kintetsu Express, a materials auxiliary of Gati.
Dilip Buildcon: For the new HAM project “Bengaluru-Vijayawada” in Andhra Pradesh’s Bharatmala Project Phase-I, the company was named the L-1 bidder.
Carisil: The company renewed its Rs 550 crore contract with “Karan Inc. USA” for the supply of quartz kitchen sinks for five years beginning in FY24.
