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Stocks in the news: TCS, Airtel, RIL, Raymond, J&K Bank and pharma stocks

29 Dec , 2021   By : monika singh


Stocks in the news: TCS, Airtel, RIL, Raymond, J&K Bank and pharma stocks

Nifty futures on the Singapore Exchange traded 61.5 points, or 0.36 per cent lower at 17,254, signaling that Dalal Street was headed for a negative start on Wednesday. Here are a dozen stocks which may buzz the most in today's trade:

Tata Consultancy Services: The IT major said it has achieved all the 18 Microsoft Gold Competencies, demonstrating the breadth and depth of its expertise on Microsoft Technologies. Microsoft Competencies ensure that partners are prepared o meet customers' needs and have demonstrated robust capabilities within a Microsoft solution area.

Reliance Industries: The telecom arm of conglomerate Reliance Jio Infocomm is planning to raise up to ?8,000 crore by selling corporate bonds in the local market as early as next week, people with direct knowledge of the matter said.
Raymond: The leading textile and apparels firm said it has incorporated a step-down subsidiary Ten X Realty (TXRL) to carry on real estate business for the development of land and properties at Thane, Maharashtra. TXRL has been incorporated with the object to undertake real estate business.
Bharti Airtel: The telecom operator Bharti Airtel and IT major Tata Consultancy Services (TCS) have joined hands to build a 5G-based remote working technology using robotics, according to a joint statement. TCS during the trials has successfully tested two use cases of its Neural Manufacturing solutions on Airtel's 5G testbed in Manesar.

Sun Pharmaceutical Industries: The drug major said it is planning to set up a new manufacturing facility in Andhra Pradesh. Its founder Dilip Shanghvi and his team met Chief Minister of Andhra Pradesh YS Jagan Mohan Reddy to discuss the progress of the pharmaceutical sector and the setting up of an manufacturing facility in the state.
Dalmia Bharat: The subsidiary of the company named DCBL said it has launched an e-truck initiative with the deployment of two of the 22 proposed high capacity electric trucks in the fleet and the remaining would be inducted within this fiscal.
Jammu & Kashmir Bank: The state run lender said its board of directors has appointed Baldev Prakash as the MD & CEO for three years. The board of directors in the meeting held on December 28 has appointed Baldev Prakash as Managing Director & Chief Executive Officer of the bank for a period of three years.

Pharma Stocks: With the DCGI approving the anti-COVID-19 pill Molnupiravir for emergency use in the country, Strides Pharma will launch the capsule immediately while six other homegrown pharma companies (Aurobindo Pharma, Natco Pharma, Dr Reddy's and Cipla) announced rolling out their generic versions of the drug shortly.

AU Small Finance Bank: The private lender said it has appointed former RBI Deputy Governor HR Khan as an independent director on its board. The appointment is for a period of three years subject to the approval of shareholders.

GR Infraprojects: 
The company has emerged as L-1 bidder for the tender invited by Noida Metro Rail Corporation, for part design and construction of elevated viaduct and five elevated stations, of Noida-Greater Noida Metro Rail Project.


Mishtann Foods: The company signed a Memorandum of Understanding with the Government of Gujarat for the proposed project of manufacturing grain-based ethanol in Gujarat.


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