Business Standard

Stock Alert : Infosys, CDSL, Great Eastern Shipping, Samman Capital, ITI, Jai Corp, Lemon Tree Hotels

Image

Infosys expands its collaboration with Nvidia to introduce high performance generative AI powered telco solutions based on Nvidia NIMs.

Central Depository Services (India) (CDSL) said that the Securities and Exchange Board of India (SEBI) has approved the appointment of Nehal Vora as a managing director & chief executive officer (CEO) of the company.

Great Eastern Shipping has contracted to sell its 2011-built Supramax dry bulk carrier, Jag Rani to an unaffiliated third party. The Vessel will be delivered to the new buyer by the third quarter of the financial year 2025.

Samman Capitals board approved raising up to Rs 30,000 crore through non convertible debentures (NCDs).

 

Poonawalla Fincorps board has approved the appointment of Bhaskar Pandey as chief risk officer for five years.

3M India said that National Company Law Tribunal (NCLT), Bengaluru has approved the scheme of Amalgamation of 3M electro & Communication India with the company. The appointed date of the scheme is 1 April 2023.

Jai Corps board has approved the buyback of upto 29.44 Lakh shares (equivalent to 1.65%of total equity ) for upto Rs 177.8 crore, at a price of Rs 400 per share. The record date for the buyback has been set as 10 September 2024.

ITI has received its first electronic voting machine (EVM) order from the State Election Commission (SEC) of West Bengal for the supply of 500 sets of electronic voting machines.

Lemon Tree Hotels has signed a license agreement for 72-room hotel property in Ayodhya, Uttar Pradesh. The property will be managed by its subsidiary, Carnation Hotels, and is expected to open in FY26.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 30 2024 | 8:33 AM IST

Explore News