Stocks in the news today are CMS info, State Bank of India, NTPC and many more. Nifty futures traded 9.5 points, or 0.06 percent higher at 17,304.50.
CMS Info Systems: The money the executives frameworks player will make its Dalal Street debut today. The organization raised Rs 1,100 crore by means of essential courses offering its portions in the scope of Rs 205-216 each between December 21-23. The issue was generally brought in under twice. It was commanding a practically insignificant premium in the dim market.
State Bank of India: The biggest public area moneylender said it will gain around 10% stake in the India International Clearing Corporation (IICC). IICC is the principal worldwide clearing company set up at GIFT-IFSC that goes about as a focal counterparty giving clearing and settlement and hazarding the board administrations.
Hindustan Unilever: FMCG merchants in Maharashtra are intending to quit selling select results of driving firm HUL from January 1, as the organization has not engaged in converses with them over the issue of value dissimilarity between conventional wholesalers and coordinated B2B merchants.
NTPC: The state-run power major said its board has supported a proposition to cease activity of Muzaffarpur Thermal Power Station (MTPS), Stage-I (2X110 MW) of Kanti Bijiee Utpadan Nigam (KBUNL) from September 8, 2021.
PB Fintech: The insurance agency supported speculation of up to Rs 700 crore in at least one tranches in auxiliary Policybazaar Insurance Brokers Private Limited during FY22 and FY23, and up to Rs 299.99 crore in auxiliary Paisabazaar Marketing and Consulting Private Limited.
Power Grid Corporation of India: The State-run power player has supported Rs 322 crore speculation proposition for development of POWERGRID telecom into server farm business.
SBI Cards and Payment Services: The Visa organization has restricted Paytm for card tokenization to ensure information of the cardholders. SBI Card has worked together with Paytm to empower cardholders to tokenize their cards on gadgets and make payment.