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Market News & Update
Bajaj Finserv: Incorporated an asset management company called Bajaj Finserv Asset Management on October 18. It will manage various mutual fund plans. The company has been incorporated with an authorised share capital of Rs 60 crore and an initial subscribed capital of Rs 5 lakh.
Deepak Fertilisers & Petrochemicals Corporation: The company launched a qualified institutional placement issue on October 19 and approved the floor price for the same at Rs 422.48 per equity share.
Reliance Industries: Reliance Retail has bought majority stake in Ritu Kumar’s Ritika Pvt.
HCL Technologies: The company and Innovaccer Inc. have collaborated to help healthcare and life sciences organizations drive digital health transformation.
Jindal Saw: The company has won contract for repair and maintenance of manufacturing facilities of Sathavahana Ispat.
HDFC Asset Management Company: Chief Financial Officer Piyush Surana has resigned from the post. He will be relieved from the duties w.e.f. close of business hours on January 31, 2022.
Astral: The company has decided to enter into the business of Faucets & Sanitaryware.
Earnings: Jubilant FoodWorks, Just Dial, Tata Communications, Hathway Cable & Datacom, Angel Broking, Havells India, L&T Finance Holdings, Reliance Industrial Infrastructure, Shoppers Stop, Supreme Petrochem, Syngene International, TajGVK Hotels & Resorts, Tata Steel Long Products, Tejas Networks.
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