Stocks in news: Infosys, Wipro, Tata Chemicals, Prestige Estates, Tata Communications
Prestige Group announced its latest acquisition of 62.5 acres of prime land in Indirapuram Extension, NCR. This strategic acquisition marks a significant milestone for Prestige Group as it expands its footprint in the dynamic real estate market of NCR.
Domestic markets surged on Thursday following a rally in global markets after the US Fed projected three rate cuts this year. In today's trade, shares of , , , , among others will be in focus due to various news developments.Infosys, Wipro
The American Depository Receipts of Indian IT companies Infosys and Wipro declined sharply in trade on Thursday as peer Accenture Plc slashed its annual guidance.
Prestige Estates
Prestige Group announced its latest acquisition of 62.5 acres of prime land in Indirapuram Extension, NCR. This strategic acquisition marks a significant milestone for Prestige Group as it expands its footprint in the dynamic real estate market of NCR.
Tata Chemicals
The company has received an order from the income tax department levying a penalty of Rs 103 crore for disallowance of interest.
Read more: Here's the trade setup for today's session
The Board of Bharat Dynamics has approved to split its shares in the proportion of 2-to-1 as well as declare an interim dividend for the financial year 2023-24.
Crompton Greaves received a notice of demand for Rs 68 crore pursuant to the assessment order passed by the Income Tax Department.
Tata Communications
Tata Communications approved a proposal to enter into a business transfer agreement to hive-off identified new edged digital services business to its wholly owned subsidiary, Novamesh.
IREDA
A Board meeting of (IREDA) will be held March 28 to consider borrowing programme up to Rs 24,200 crore for FY 2024-25.
The Board of Bank of India would be considering at their meeting on March 27 the proposal of fund raising by issue of long term (infra) bonds.
Source: Stocks-Markets-Economic Times
