IGI Logo

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 37 points lower at 19,694 on monday.

Tata Power: Tata Power Renewable Energy crossed the 1.4?gigawatt capacity of group captive projects in the last seven months, aided by the signing of power delivery agreements with various industries across segments.

Adani Enterprises: Mumbai Travel Retail Pvt., a subsidiary of Adani Enterprises Ltd., has incorporated its wholly?owned subsidiary, MTRPL Macau Ltd., to set up tobacco shops at Macau International Airport.

State Bank of India: The government appointed Vinay Tonse as MD of the bank till Nov. 30, 2025.

Tech Mahindra: Tech Mahindra Americas signed a collaboration deed with Neom Tech for providing digital services. It will incorporate a new subsidiary for provide product and platform development services to Neom Group companies.

ABB India, Titagarh Rail Systems: ABB India has formed a strategic partnership with Titagarh Rail Systems for the supply of propulsion systems for metro rolling stock projects in India.

Oberoi Realty: The company announced the launch of ‘Forestville by Oberoi Realty’, the first luxury residential project in Kolshet, Thane. The company launched the first phase of this development, consisting of three towers.

Concor: Container Corp. signed a MoU with Indraprastha Gas for setting up LNG and LCNG infrastructure at the company's terminals to explore the possibility of transporting LNG through railway rakes from LNG terminals near sea ports like Dahej.

ICICI Lombard General Insurance: The company appointed Sanjeev Mantri as the MD and CEO for a period of five years, effective Dec 1, 2023, to Nov. 30, 2028.

Manappuram Finance: The Reserve Bank of India imposed a monetary penalty on Manappuram Finance of Rs 42.78 lakh for non?compliance with certain provisions of the 'NBFCs ? Systemically Important Non?Deposit? Taking Company and Deposit Taking Company (Reserve Bank) Directions 2016.

RateGain Travel Technologies: The company raised Rs 600 crore from qualified institutional buyers through the issue of 93.3 lakh shares at a face value of Rs 1 each

Please refer disclaimer at http://www.aretesecurities.com/

SEBI Regn. No.: INM000012740