Buzzing Stocks | InterGlobe Aviation, Infosys, Power Finance Corporation and others in news today

Date:

Share post:

This Content Is Only For Subscribers

Please subscribe to unlock this content.

Inter Globe Aviation: Rakesh Gangwal quits IndiGo board, to cut stake over 5 years. InterGlobe Aviation Ltd co-founder Rakesh Gangwal has resigned as non-executive, non-independent director of the company with immediate effect and will pare his stake in the company over five years, ceding control to co-promoter Rahul Bhatia after a truce. The stock is volatile since last one month and gained just 2 percent in this period.

Power Finance Corporation: LIC sold 2% stake in Power Finance. Life Insurance Corporation of India sold 2.02 percent of its stake in the company through open market transactions. With this sale, LIC’s holding has gone down to 5.06 percent, from 7.09 percent earlier. The stock has been volatile since last few sessions and declined over 7 percent in the last one month.

Kansai Nerolac Paints: The company appoints Anuj Jain as MD. The company has appointed Anuj Jain for five years, subject to shareholders’ approval. The changes at board level came after the retirement of HM Bharuka as company’s vice-chairman and managing director. The stock is under pressure since last few sessions and declined nearly 20 percent in the last one month.

Goa Carbon: Resumption of Goa Carbon’s Goa unit. The Kiln was lit up after preliminary heating and commencement of feeding of raw material. The stock lost over 6 percent in the last one week.

Phoenix Mills: The company to acquire 50% stake in Classic Mall Development Co for Rs 918 crore. The Phoenix Mills Limited (PML) has announced the execution of a non‐binding term sheet to acquire balance 50 percent equity stake in Classic Mall Development Company Limited (CMDCL) from Crest Ventures Ltd (CVL) and Escort Developers Private Ltd for Rs 918 crore. PML owns 50 percent in CMDCL and the rest is owned by Crest Ventures (46.35 percent) and Escorts Developers (3.65 percent). With this buying, CMDCL will become its subsidiary. The stock has risen for fifth session and gained around 6 percent in this period.

Finkurve Financial Services: Finkurve Fin sells its entire stake in Arvog Forex. The firm informed exchanges that it sold its entire stake in Arvog Forex for an undisclosed amount to Revolut Payments India. Arvog Forex ceased to be a subsidiary of the firm from February 18. The stock traded higher from the last four sessions and gained over 29 percent in this period.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Related articles

Dj Abi : Spiralling his way to the top in the music industry

DJs are performers and entertainers at the same time. A DJ's career cannot be complete without networking. There is nothing more satisfying than listening to music, and DJ Abi leads the pack when it comes to electrifying musical performances. There is no one else who can better shape and mix the already well-known songs into even finer tunes. DJ Abi is known for reworking amazing songs in different styles. DJ Abi loves to experiment and his experiments have great results.

India’s First Microbiome-Friendly Vegan Skincare Brand – VauriiC

Vegan Skincare has seen a tremendous boom in recent years. However, when it comes to finding 100% Vegan skincare brands, they are few and far between. A number of Indian Skincare brands falsely claim to be 100% Vegan but we have found a hidden gem called VauriiC which is India's first Microbiome friendly 100% Vegan Skincare brand. So let’s hear the story of this Delhi based 1 year old D2C Skincare Startup. VauriiC was launched in 2022 by Mr. Raghav Mittal who graduated from Warwick Business School, United Kingdom in MSc Marketing and strateg

Indian Production House, Silver Star has changed the whole Publishing Ecosystem – reveals Entrepreneur Shalini Saha

In 2014, Kolkata entrepreneur Shalini started a small laptop business from home after graduating in Animation. During the years that have followed, she has worked with many Award winning home authors to publish their books at e-commerce websites like Amazon, Ingram spark, Barnes and Nobles and with start-up companies who want to create a remarkable position in the industry with a promotional advertising video

Cureasure is a one stop solution for all your medical needs

Cureasure ,Known as a leading provider of caregiving services, Comfort Care delivers a wide range of services that aim to help people lead a safe, comfortable life at home. Cureasure provide services like Doctor, caretaker, ambulance (road, train, air) home collection, medicine doorstep, hospitalization...