As of 6:51 in the morning, SGX Nifty50 futures were flat at 17,290.5, which suggests that India’s major indexes opened tepidly on Friday. From the IPO of CMS Info Systems to stocks such as SBI, Power Grid, IDFC FIRST Bank, Biocon, Punjab National Bank and IRB Infrastructure Developers, it will all become the focus. The following is a list of stocks that need attention in today’s transactions:
The company has approved one or more investments in subsidiary Policybazaar Insurance Brokers up to 7 billion rupees during FY22 and FY23, and investments in subsidiary Paisabazaar Marketing up to 299.99 The Crore Company has approved an investment proposal to expand POWERGRID Telecom into the data center business and build a data center in Manesar at an estimated cost of approximately Rs 32,2 crore.
The lender’s board of directors has approved-in principle the merger of IDFC & IDFC Financial Holding Company and IDFC FIRST Bank. The board of directors established a committee, the Capital Raising and Corporate Restructuring Committee, to deal with the terms of the proposed merger.
Complete News Source : CNBC
