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Stocks in News

March 23, 2022

Tata Motors: Tata Motors has announced an increase in the price of its products in the range of 2-2.5%.

Infosys: Infosys announced its acquisition of Oddity, a German digital marketing, experience and commerce agency.

Paytm: Paytm’s parent company One97 Communications clarified that its business fundamentals remain robust, and that they have no information that may have a bearing on its share price.

Reliance Industries: RIL and Assets Care & Reconstruction Enterprise Limited (ACRE) accepted the letter of intent issued by the Interim Resolution Professional – Sintex Industries Limited , the company said on Tuesday.

TCS: The IT major is ready to put in place 5G network for any telecom operator across the globe on any given day and the company is working in India on a country-specific gears for the network.

SBI Life: The insurance company has declared an interim dividend of Rs 2 per equity share for the financial year 2021-22.

Indiabulls Housing Finance: The firm said that its board has cleared raising of funds up to Rs 50,000 crore, through issue of secured and/or unsecured non-convertible debentures and bonds on private placement basis.

Adani Ports: Billionaire Gautam Adani-led Adani Ports and Special Economic Zone Ltd (APSEZ) announced that it has crossed a “historic milestone” by handling 300 MMT of cargo ahead of the end of current fiscal year (31 March, 2022).

Indian Hotels Company: The company is set to launch a qualified institutional placement of Rs 2,000 crore as the hotel chain gears up for business expansion after the Covid-19 pandemic.

RailTel Corporation: The company has been awarded work order from Rail Vikas Nigam (RVNL) for installation of RailTel’s MPLS-VPN services for 5 years. The work order is worth Rs 11.57 crore.