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Stocks in News Today

September 24, 2021

Bharti Airtel: The Rs 21,000 crore rights issue of telecom major Bharti Airtel would open on October 5, the company said in a regulatory filing. The closing date of the issue was stated as October 21, 2021.

Ahluwalia Contracts India | Aditya Birla Sun Life Mutual Fund acquired 8.15 lakh equity shares in the company at Rs 369.5 per share, whereas promoter Sudershan Walia sold 18 lakh shares in the company at Rs 369.59 per share on the NSE, the bulk deals data showed.

Tejas Networks: Bharti Airtel has selected the company for optical network expansion.

Adani Ports and Special Economic Zone | The company has completed the acquisition of 10.4 percent stake of Gangavaram Port from Government of Andhra Pradesh.

Sarda Energy & Minerals | The company has approved provisional tariff for the 113 MW hydropower project of subsidiary Madhya Bharat Power Corporation, considering 85 percent of the cost of the project incurred as of March 2021 with return on equity of 15.5 percent per annum.

Jubilant Ingrevia | Subsidiary Jubilant Life Sciences International Pte. Limited, Singapore has divested its entire 10 percent stake held in Safe Foods Corporation for $18.2 million.

Infosys | The company announced a strategic collaboration with Amazon Web Services (AWS) to develop quantum computing capabilities and use cases.