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Market Updates

The Markets are expected to open marginally higher today as trend in GIFT nifty indicate a positive start for the broader index after Nifty closed 28 points higher at 19,811 on Wednesday.

ICICI Bank:

ICICI Bank: The sredit rating company Care Rating has reaffirmed CARE AAA; Stable to ICICI Bank’s infrastructure bonds.

Infosys:

The IT giant announced a strategic long?term collaboration with TK Elevator to consolidate, harmonise, and modernise TK Elevator’s digital landscape.

Bharti Airtel:

Tamil Nadu DoT imposed a penalty of Rs 2,45,000 for an alleged violation of subscriber verification norms.

ACC:

The NSE and BSE imposed a penalty of Rs 47,000 each for delays in the appointment of key managerial personnel.

Tata Steel:

The company allotted 7.5 crore shares to Tata Steel Long Products and their shareholders in the scheme of amalgamation.

UPL

The company has incorporated a wholly owned subsidiary, Avanta Seeds, in South Africa.

R Systems:

BSE and NSE imposed a fine of Rs 76,000 each on the company for non? compliance with the regulations of SEBI.

InterGlobe Aviation:

The company got a tax demand notice of Rs 7,396.76 million and Rs 9270.31 million, for which the company had preferred appeal before CIT?Appeal.

Welspun Corp:

The company's subsidiary, Sintex BAPL, received the Odisha Government's nod for its proposal to invest Rs 479.47 crore in setting up a manufacturing unit with a capacity of 37,520 MT.

Indian Railway Finance Corporation:

NSE and BSE imposed a fine on the company of Rs 5,42,800 each for non? compliance with regulatory

BPCL

The company bagged the new project of value 32.62 million under the Gati Shakti Sealdah Division of Eastern Railway. NSE and BSE have imposed a fine on the company of Rs 5,42,800 each.

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