SBI, Union Bank, TCS, Wipro, Concor, Adani Enterprises, Lupin, NBCC India | News Bharat

Representative image.

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.


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.


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%

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