Stock Market Highlights: Key Movers of the Day
Today's Top Stories:
- Nykaa News: Harindarpal Singh Banga, a prominent shareholder, is looking to sell up to 1.4% of his stake in Nykaa.
- Ambuja Cements Block Deal: Holderind Investments is selling a 2.84% stake in Ambuja Cements for a significant $500 million at a price of ₹600 per share.
- Wipro Wins Major IT Contract: Wipro's Rizing Management LLC has successfully secured a substantial IT contract with John Lewis Partnership.
- GST Relief for Bharti Airtel: The government has reduced Bharti Airtel's GST demand to ₹194 crore from the initial ₹604.66 crore.
- Bandhan Bank Launches New Products: Bandhan Bank has introduced a new savings account called "Avni" specifically for women and a loyalty program named "Bandhan Bank Delights."
- GST Demand for SBI Life: SBI Life Insurance Company is facing a GST demand of ₹239.27 crore for the financial year 2020 from the Haryana GST Department.
- RailTel Secures Work Order: RailTel Corporation of India has bagged a ₹52.66 crore work order from the Uttar Pradesh Police.
- Adani Power's Acquisition Plans: Adani Power's proposal to acquire Lanco Amarkantak Power for ₹24,101 crore has been approved.
- Zomato Discontinues Service: Zomato has decided to shut down its Intercity Legends service.
- Bharat Forge Investment: Bharat Forge is investing ₹105.45 crore in Kalyani Powertrain to support their efforts in electric vehicles and e-mobility solutions.
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