Tata Steel: A major steel producer reported that between July and September of this year, consolidated steel production increased by 7% to 7.78 million tonnes (MT). The company’s consolidated steel production was 7.25 tonnes in the same period last year.
Titan Company: Tata Group companies said demand recovered significantly in the July-September quarter, with sales in most sectors above or near pre-pandemic levels.
Zee Entertainment Enterprises: Subhash Chandra, Honorary Chairman of the Group, said the investment company was acting in secret and called on Invesco, a minority shareholder, to buy the company if necessary.
Indians Housing finance: NBFC said it had withdrawn from UK-based OakNorth Holdings for around Rs 3,049. In November 2015, Indiabulls Housing Finance acquired a 39.76% stake in OakNorth Holdings Limited for Rs 663.
Telephone company: The government has allowed 100% foreign direct investment in the telecommunications sector via automated routes to facilitate business in the industry. The telecommunications sector has also reduced telecommunications operator performance and financial bank guarantee requirements by 80%.
Lupin: Pharmaceutical companies receive a tentative nod from US health regulators to sell common Brexiprazole tablets used with antidepressants for the treatment of major depressive disorders in the US market. Said that.
Godrej Consumer Products: A major FMCG major has entered the baby care segment by launching a premium range of certified products made from organic ingredients under the brand “goodness me”.
Ambuja Cement: Life Insurance Corporation of India acquired a stake in its 3.99 chlore through open market transactions, increasing its stake from the previous 4.11% to 6.12%.
Macrotech Developer: A real estate company selling real estate under the Lodha brand reported that sales bookings for the September 2021 quarter increased 88% to reach Rs 2,003. In business in London Macrotech developer We achieved a sales reservation of Rs 1,450 in the September quarter.
Nazara Technologies: The first publicly released game company in the country said its board of directors approved institutional investors to preferentially allocate fresh shares worth Rs 315.30.
Rossari Biotech: The largest textile specialty chemicals manufacturer expects to conclude 2010 with at least 50% growth on both the top and bottom lines, backed by significant price increases that help boost demand and increase profitability. increase.
Buckwheat: A Bangalore-based real estate company said sales bookings increased by 49% at Rs 1,030.2 in the second quarter of the year due to improved housing demand. In the same period of the previous year, real estate worth 689.9 rupees was sold.
Tata power: Tata Group’s integrated power company announced that it has entered BluWave-ai, a renewable energy AI (artificial intelligence) company. Announced that it has signed a three-year commercial contract with BluWave-ai, the world’s first renewable energy AI company.
PNB Housing Finance: The mortgage lender has announced that it will partner with CSC e-Governance Services India to provide last mile mortgage facilities to individuals living in Tier 2 and Tier 3 cities.
Wind: Renewable energy players said the board has approved the issuance of a preferred stock worth Rs 1,100 to the promoter. The decision on this point was made at the board meeting held on October 6, this year.
Orissa Mineral Development Company: Life Insurance Corporation of India sold its 1.24 Rakı stake through open market transactions, reducing its stake from its previous 11.16% to 9.08%.
finance: Within days of the Reserve Bank of India replacing the board of directors of the group’s two non-bank financial companies, the Srey Group moved the Bombay High Court in opposition to the move.
Tata Steel Stock: News Stocks: Tata Steel, ZEEL, Titan, IB Housing, Lupin, Nazara Tech
https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-the-news-tata-steel-zeel-titan-ib-housing-lupin-and-nazara-tech/articleshow/86828270.cms Tata Steel Stock: News Stocks: Tata Steel, ZEEL, Titan, IB Housing, Lupin, Nazara Tech