After a big drop on Monday, the domestic stock market took a breather and ended the day slightly higher. Today, several big companies are in the spotlight due to some important news!
– Tata Steel: Tata Steel’s production of crude steel increased by 6% compared to last year and rose 8% from the previous month, reaching 5.68 million tons. This boost is thanks to a new 5 million tons per year blast furnace that started working in Kalinga Nagar last month.
– Tata Elxsi: Tata Elxsi has made an exciting agreement with CSIR-National Aerospace Laboratories to work together on new air travel technologies, especially in unmanned drones and urban air travel.
– NTPC: NTPC, the government-owned power company, has set up a new company just for nuclear energy projects. It’s called NTPC Parmanu Urja Nigam.
– Mankind Pharma: Mankind Pharma has secured 56.31% of shares of Bharat Serums and Vaccines to help manage it better.
– Jindal Worldwide: Jindal Worldwide announced a great surprise for its shareholders! They decided to give out 4 extra shares for every 1 share they currently hold.
– BirlaSoft: Roopinder Singh, the CEO for America at BirlaSoft, has stepped down from his position as of February 7.
– Puravankara: Puravankara has appointed Deepak Rastogi as the new Chief Financial Officer starting January 15.
– RVNL: RVNL has signed a partnership deal with Dubai’s GBH International Contracting LLC to look for business opportunities in building infrastructure in Gulf countries.
– Signature Global: Signature Global has appointed Sanjeev Kumar Sharma as the new CFO starting January 7.
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