Stocks in news: Vedanta, BHEL, Hero, M&M Financial, KFin Technologies
Vedanta
A Board meeting of Vedanta is scheduled on December 19 to consider issuance of non-convertible debentures (NCDs) on a private placement basis.
BHEL
BHEL and CMTI have signed a memorandum of understanding (MoU) for collaboration on technology development in the areas of Hydrogen value chain and IIoT solutions for predictive maintenance of machines and manufacturing processes.
Hero MotoCorp
The company has appointed Vivek Anand as Chief Financial Officer (CFO) and Rachna Kumar as the Chief Human Resources Officer (CHRO).
Vivek and Rachna will report to the CEO.
Read more: Here's the trade setup for today's session
M&M Financial
The company's Board has approved undertaking supplemental business activity of soliciting and procuring insurance business as a corporate agent (composite) in the areas of life, health and general insurance- both group and individual.
Texmaco Rail
Railway ministry has awarded an order to the company for manufacture and supply of 3,400 BOXNS wagons valuing Rs 1374 crore.
KFin Technologies
Global private equity firm General Atlantic is likely to sell 6.2% stake in KFin Technologies through a block deal, ETNow reported, quoting sources.
