Tech News

RIL share price: Stocks in the news: RIL, Dixon Tech, ICICI Bank, Tata Steel, Coal India and Siemens

Nifty futures on the Singapore Alternate traded 3.5 factors, or 0.02 per cent, xxx at 17,444.50, signaling that Dalal Avenue was headed for a flat begin on Thursday.

Dixon Applied sciences: Taiwanese IT {hardware} agency Acer has roped in home digital manufacturing providers agency Dixon Applied sciences for making its laptops in India, each firms mentioned in a joint assertion on Wednesday. The power can have a capability to fabricate as much as 5 lakh Acer laptops yearly.

ICICI Financial institution: India’s largest non-public sector lender raised Rs 3,595 crore by way of infrastructure bonds for the second time this monetary yr, in what might sign demand revival within the sector as vaccinations and slowing infections rekindle hopes.

Reliance Industries: The corporate’s board determined to implement a ‘Scheme of Association’ to switch the ‘Gasification’ enterprise right into a wholly-owned subsidiary (WOS).

Tata Metal: The Tata Group firm introduced commissioning of an 8 million tonne iron ore crushing and washing plant in Odisha. The corporate mentioned the plant is positioned at its Khondbond Iron & Manganese Mine (KIMM) close to Joda in Keonjhar district. It has been arrange by the corporate’s Ores, Mines & Quarries (OMQ) Division.

Coal India: The corporate is aiming at investing Rs 40,000-50,000 crore as capital expenditure within the subsequent 4-5 years. The Rs 17,000-crore capex (capital expenditure) for the present fiscal is “on observe”, CIL chairman Pramod Agrawal instructed buyers.

Siemens: The corporate mentioned its consolidated internet revenue dipped 2.6 per cent to Rs 321.6 crore within the September 2021 quarter, primarily as a result of an increase in uncooked materials and logistics prices. Its consolidated internet revenue had stood at Rs 330.2 crore within the quarter ended on September 30, 2020, in accordance with a BSE submitting.

Union Financial institution:

of India has entered right into a co-lending partnership with Capri World Capital, beneath which they are going to disburse loans to MSMEs. Capri World Capital Ltd (CGCL) is a non banking monetary firm centered on lending to MSMEs and the inexpensive housing finance phase.

SJVN, PTC India: State-owned energy producer SJVN on Wednesday mentioned it has signed a pact with PTC India to develop merchandise for supplying round the clock renewable vitality.

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