State Bank of India
The government on Monday appointed Vinay M. Tonse as the Managing Director of the lender until November 30, 2025.
The MD post in SBI is prestigious because of the sheer size and scale of the nation’s largest lender. Each of its MDs handles business and operations that dwarf most banks in India.
The Delhi High Court has asked the airline operator’s Chairman and Managing Director Ajay Singh to be present before it on January 10 to ascertain how he will make payments as per the arbitration award that former promoter Kalanithi Maran and his KAL Airways won in 2018.
The company’s stock will trade ex-date on Tuesday for the interim dividend of Rs 15.25 a share announced earlier this month.
Oil and Natural Gas Corporation
The company’s stock will trade ex-date on Tuesday for the interim dividend of Rs 5.75 a share announced earlier this month.
RateGain Travel Technologies
The company has raised Rs 600 crore through qualified institutional placement of shares.
The board has approved allotment of 93,31,259 shares to qualified institutional buyers at Rs 643 a share, according to the exchange disclosures.
L&T Technology Services
The engineering services provider has collaborated with Nvidia to develop AI-enabled, software-defined architectures for medical devices focused on endoscopy, which will enhance the image quality and scalability of products.
Read more: Here's the trade setup for today's session
The company has received an order worth Rs 357 crore from Pimpri-Chinchwad Municipal Corp for construction of a general hospital building in Pune.
The order is to be completed in three years.
Tide Water Oil
The company’s stock will trade ex-date on Tuesday for