Tata Consultancy Services: The IT major will announce it earnings for September 2021 quarter today. Other than TCS, Eco Recycling, Natural Biocon (India), Kanel Industries and Integrated Capital Services will also announce their quarterly results.
Zee Entertainment Enterprises: As the feud continues between Zee and Invesco, appellate body NCLAT directed the NCLT to give reasonable opportunity to the media major to reply to Invesco’s plea for holding a meeting of shareholders, and also remarked that the tribunal made an “error” by not providing sufficient response time.
Hero MotoCorp: The largest two-wheeler maker said it has launched an all-new XPulse 200 4 Valve bike priced at Rs 1.28 lakh (ex-showroom Delhi). The bike is a powerful addition to the company’s X-range of the premium portfolio.
Oberoi Realty: The realy estate firm reported over two-fold jump in its sales bookings at Rs 828.52 crore for the quarter ended September on improved housing demand driven by low mortgage rates. Its sales bookings stood at Rs 327.30 crore in the year-ago period.
Vedanta: The natural resources company said it has taken up a transformative programme to embed environmental, social and governance (ESG) into every aspect of the decision-making and performance evaluation process.
Bank of Baroda: The state-run lender said it has reduced its home loan rate by 25 basis points (bps) to 6.50 per cent from 6.75 per cent. The new rate will be available for customers till December 31, 2021.
Enterprises: The pharma-to-NBFC player said its board has approved a composite scheme of arrangement providing for the demerger of its pharmaceuticals business and simplification of the corporate structure to create two listed entities in financial services and pharmaceuticals.
TVS Motor Company: The two wheeler player said it has expanded the Jupiter range with the launch of a 125cc version of the scooter, with price starting at Rs 73,400 (ex-showroom Delhi). The company already sells a 110cc version of the scooter and Jupiter 125 expands the product portfolio.
Bank: The state run lender launched ‘6S Campaign’ under customer outreach programme to extend financial services at concessional rate during the festival season.
JSW Energy: The power producer said it has entered into a contract with GE Renewable Energy for the supply of 810 MW wind turbines. The company said the supply of 810 MW onshore wind turbines is for its under-construction pipeline of 2.5 GW of renewable projects in India.
Puravankara: The realty firm said it has partnered with IBM Global Business Services (GBS) to fuel tech-led innovations in its operations. IBM will integrate the SAP cloud environment with Puravankara’s cloud environment to ensure seamless enterprise functions.
KPI Global Infrastructure: The company has signed a new long-term Power Purchase Agreement (PPA) with GHCL Limited, Bhilad for the sale of 1.25 MW solar power for a period of 20 years under the Independent Power Producer (IPP) business vertical.
Ratnamani Metals & Tubes: The company has received a new order of Rs 98 crore for the supply of carbon steel pipes from the domestic oil and gas sector, to be executed in 5 to 12 months.
The Ventures: Ace Investor Rakesh Jhunjhunwala sold 8.52 lakh shares in the company via open market transactions during October 5-7, reducing shareholding to 2.40 percent from 6.26 percent earlier.
