Stocks in news: TVS Motor, Wipro, Aster DM Healthcare, RVNL, ZEE
TVS Motor, Wipro, Aster DM Healthcare, RVNL, ZEE among others will be in focus due to various news developments.
TVS Motor
The Board of TVS Motor approved a scheme of arrangement between the company and its shareholders, under which, it will issue and allot cumulative redeemable preference shares by way of bonus.
RVNL
RVNL emerged as the lowest bidder for a project worth Rs 167.28 crore of SER HQ-Electrical/South Eastern Railway.
Wipro
Wipro announced that Anne-Marie (Annie) Rowland has been appointed to the role of Capco’s Chief Executive Officer. Annie is currently Managing Partner of Capco’s business in the UK and Ireland and a member of Capco’s Global Leadership Team.
Read more: Here's the trade setup for today's session
ZEE
Zee Entertainment Enterprises (Zee) is implementing a risk mitigation and business continuity plan to ensure that the company's operations don't get impacted due to external factors.
Reliance Power
Anil Ambani-led Reliance Power settled the debts owed to three banks — ICICI Bank, Axis Bank, and DBS Bank — last week.
LIC
State-run Life Insurance Corporation of India (LIC) said it has fired an employee, who has been banned by markets regulator Sebi in a front-running case after the incident was reported last year.
Aster DM Healthcare
Aster DM Healthcare announced its plan to sell the shares held by Affinity Holdings, a wholly owned subsidiary of the company in Aster DM Healthcare FZC to Alpha GCC Holdings.
NBCC (India)
NBCC (India) has been selected by the Ministry of External Affairs
