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Stocks in News Today

August 25, 2022

Airtel : Singtel Group is selling shares worth Rs 12,900 cr in Bharti Airtel. After the sale, Singtel’s stake in Airtel will decrease to 29.7%. Singtel is a Singapore based telecommunications conglomerate.

TCS : TCS clarified that it will pay 100% of variable pay for its 6 lakh plus employees for the June quarter of this fiscal.

Bandhan Bank : The bank will open 551 more branches in the 2022-23 fiscal year: MD and CEO Chandra Shekhar Ghosh.

NHPC : NHPC Renewable Energy and the Government of Rajasthan have signed a deal for the development of ultra mega renewable energy power parks.

Lupin : Lupin has received approval from the USFDA for an inhalation solution intended to treat chronic obstructive pulmonary disease.

TVS Motor : TVS Motor will acquire a 48% stake in two-wheeler startup ‘DriveX’.

IDFC : IDFC Limited has appointed Mahendra N Shah as the managing director (MD) of the company with effect from October 1, 2022.