Corporate announcements:
The Executive Committee of the Central Board to consider raising infrastructure bonds up to an amount of Rs. 10,000 crores
The government will hold a meeting regarding the sale of CONCOR
A meeting of the evaluation subcommittee was convened to discuss the EOI for CONCOR
DIPAM Committee may approve EOI for CONCOR
Union Bank
To raise 2200cr of Tier 2 debt in 2 tranches on a private placement basis: 1500cr – 15 years tenure, 700cr – 10 years tenua, CARE AA+ rating
Thomas Cook
The study concludes that travel insurance is increasingly expensive after the pandemic
It joins AWS to power the power of quantum computing
accelerating the adoption of quantum computing
has the potential to help solve challenges that are too difficult for classical computers to solve in time today
The TCS Quantum Computing Lab on AWS will offer a virtual research and development environment using Amazon Braket, a fully managed quantum computing service from AWS
AWS Skills Guild program launched
It will transform the way Wipro employees engage with customers, helping to achieve optimal business outcomes from end-to-end training on the AWS Cloud
Adani Enterprises
It clarifies that there are no plans to raise US$5 billion from investment funds, as reported by ToI
Chambal Fertilizer
Zuari is pledging an additional 0.01% of Chambal Capital’s share capital to the Catalyst Trusteeship
Kolte Patil
Resignation of CFO. Appointment of Mr. Khiroda Chandra Jena as Chief Financial Officer of the Company with effect from November 29, 2022.
Lupine
A wholly owned subsidiary of the Company in Brazil, has signed a definitive agreement to acquire all rights to nine drugs from BL Indústria Ótica Ltda., a subsidiary of Bausch Health Companies Inc.
Titagarh
Assigned additional role of Chief Business and Risk Officer to Mr. Anil Kumar Agarwal, Director (Finance) and CFO, effective November 28, 2022.
Appoints Mr. Saurav Singhania as Joint Chief Financial Officer (Jt. CFO) of the Company effective November 28, 2022, designated as Joint CFO and Group Financial Controller
Tamilnad Mercantile
To launch insurance products through Max Life and Chola General Insurance
NBCC India
Earned Rs 272 crores for work orders from Amrapali corporate center
Motilal Oswal Financial: (From Agencies)
Invested Rs 450 crore in Shapoorji real estate projects
Five Star Business Finance (Q2 FY23)
Reported NII at 301cr vs 230cr, up 31% YoY
Damages at 8.5cr vs -41lacs (negative number) QOQ
PAT at 144cr vs 118cr, up 22% YoY
AUM at 5732cr, up 24% YoY
Stage 3 Gross Assets at 1.15%