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    Stocks in the news: TCS, Wipro, NMDC, Apollo Hospitals, Zomato and Adani Power

    Synopsis

    Tata Consultancy Services has bagged a deal from Rail Delivery Group to design, develop, implement, and operate the UK's Rail Data Marketplace. The contract between TCS and RDG is for a term of six years.

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    Stocks in buzz: Hinduja Global Solutions, Tamilnad Mercantile Bank, Manali Petrochem, KPI Green Energy, GE Power India and more
    Nifty futures on the Singapore Exchange traded 69.5 points, or 0.37% higher at 18,986, signaling that Dalal Street was headed for a positive start on Thursday. Here are a dozen stocks which may buzz the most in today's trade:

    Tata Consultancy Services:
    The IT major said that it has bagged a deal from Rail Delivery Group to design, develop, implement, and operate the UK's Rail Data Marketplace. The contract between TCS and RDG is for a term of six years including an extension term opportunity.

    Wipro:
    The IT services company has launched Wipro Data Intelligence Suite running on Amazon Web Services (AWS). The Suite offers reliable and secure means to migrate from existing platforms and fragmented legacy systems to the cloud.

    Apollo Hospitals Enterprises: The hospital chain operator has received board approval for fund raising up to Rs 105 crore via non-convertible debentures (NCDs). The company will issue 1,050 NCDs with a face value of Rs 10 lakh each.

    Zomato: Alipay Singapore, an arm of chinese e-commerce giant Alibaba, sold 26,28,73,507 shares or 3.07 per cent stake in online food delivery aggregator at an average price of Rs 62.06 apiece for Rs 1,631.39 crore through an open market transaction. Camas Investments, an wholly-owned subsidiary of acquired 9.80 crore shares of the company.

    NMDC: The state-owned mining major hiked the prices of iron ore lumps and fines by Rs 300 per tonne with immediate effect. The announcement from the country's largest iron ore miner has come days after the government removed duty on the exports of the mineral.

    Hinduja Global Solutions:
    The business process management firm has opened a new multilingual customer experience hub in Colombia and it plans to hire 150 people for the centre initially. The centre will support customers with English, Spanish, and Portuguese customer experience requirements.

    Adani Power: The Adani Group firm that the timeline for the completion of the Rs 7,017-crore deal to acquire thermal power assets of DB Power Ltd has been extended by one month till December 31, 2022. The company had extended the timeline for completion by a month till November 30, 2022.

    Tamilnad Mercantile Bank: The private sector lender said it has been authorised by the Reserve Bank of India to undertake government business on behalf of the banking regulator. An agreement in this connection was signed by the bank with RBI in Mumbai for appointing TMB as an agency bank of RBI to undertake government agency business.

    Manali Petrochemicals: The integrated manufacturer of polyols has 'closed the acquisition' of United Kingdom-based Penn Globe Ltd, a market leader in foam control agents, for an enterprise value of GBP 21 million. The 'all-in' acquisition was transacted through AMCHEM Speciality Chemicals Private Limited, Singapore.

    Likhitha Infrastructure: Ace investor Ashish Kacholia acquired 3.97 lakh shares or 2 per cent stake in the infrastructure company at an average price of Rs 386 per share. Himalaya Finance and Investment also bought 1.92 lakh shares at same price.

    KPI Green Energy:
    The board of power generatiob player has recommended the issue of bonus shares in the ratio of one bonus equity share against one existing equity share. This is subject to the approval of the shareholders.

    GE Power India: The utilities player said the company alongwith NGSL has completed a turbine project for NTPC in Ramagundam, Telangana. It was a steam turbine renovation and modernisation project at NTPC's Ramagundam Super Thermal Power Station.

    Reliance Capital: The Committee of Creditors (CoC) of the debt-ridden Anil Ambani firm is not in the favour of all binding bids that it received from the bidders. According to the sources, the lenders are of the opinion that the bid value offered by the bidders is too low.

    Compuage Infocom: The computers hardware and equipment player's right issue cumulative bid is 0.84x its offered quantity. Renunciation of Rights Entitlements was on November 29 and the cumulative bid quantity as on date is 1,74,63,058 which is 0.84x of offered quantity.



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    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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