The main actions of CNBC-TV18 to watch out for on December 11

Market

Updated: 2020-12-11 07:37:48

The Indian market is likely to open higher on Friday amid a mixed trend in its Asian peers. As of 7:10 am, the SGX Nifty was trading 38.50 points or 0.28 percent higher at 13,563.50, signaling a positive start for Sensex and Nifty50.

    TCS |  The IT services specialty has expanded its presence in Texas with a new facility in Austin.

TCS | The IT services specialty has expanded its presence in Texas with a new facility in Austin.

    Kotak Mahindra Bank |  The RBI has also restricted the bank from paying dividends on PNCPS.

Kotak Mahindra Bank | The RBI has also restricted the bank from paying dividends on PNCPS.

    HDFC |  The mortgage lender has raised Rs 2 billion through a 2-year bond with a 4.50% coupon.

HDFC | The mortgage lender has raised Rs 2 billion through a 2-year bond with a 4.50% coupon.

    Indian Oil Corporation |  All of IOC's refineries were operating at 100 percent capacity in November, up from 88.1 percent in October and 98.6 percent in the same period last year.  (Image: Reuters)

Indian Oil Corporation | All of IOC’s refineries were operating at 100 percent capacity in November, up from 88.1 percent in October and 98.6 percent in the same period last year. (Image: Reuters)

    HDFC Bank |  The RBI has imposed a monetary penalty of Rs 10 lacs on the bank for bouncing the SGL, which caused a shortage of balance in certain securities in the bank's CSGL account on November 19, 2020.

HDFC Bank | The RBI has imposed a monetary penalty of Rs 10 lacs on the bank for bouncing the SGL, which caused a shortage of balance in certain securities in the bank’s CSGL account on November 19, 2020.

    UPL ||  The company's management has denied the whistleblower's allegation of diversion of money by the promoters, saying the problems were closed in 2017.

UPL || The company’s management has denied the whistleblower’s allegation of diversion of money by the promoters and said the problems were closed in 2017.

    Baroda Bank |  The bank has revised the lending rate based on the marginal cost of funds (MCLR) as of December 12, 2020.

Bank of Baroda | The bank has revised the borrowing rate based on the marginal cost of funds (MCLR) as of December 12, 2020.

    TVS Motor Company |  Members of the TVS family have agreed to sign the terms of a family memorandum of arrangement to align and synchronize the ownership of shares in various group companies.

TVS Motor Company | Members of the TVS family have agreed to sign the terms of a family memorandum of arrangement to align and synchronize the ownership of shares in various group companies.

    Canara Bank |  The bank approved the issue price at Rs 103.50 per share for its Qualified Institutional Placement (QIP) to raise Rs 2 billion.

Canara Bank | The bank approved the issue price at Rs 103.50 per share for its Qualified Institutional Placement (QIP) to raise Rs 2 billion.

    SpiceJet |  The aircraft has partnered with Om Logistics Ltd to provide end-to-end cold chain solutions for the administration of the COVID-19 vaccine.

SpiceJet | The aircraft has partnered with Om Logistics Ltd to provide end-to-end cold chain solutions for the administration of the COVID-19 vaccine.

    IRCTC |  The company's OFS issue has been subscribed 1.98 times at a compensation price higher than the minimum price by non-retail investors and the government has decided to exercise the green shoe option.  Retail investors will have the opportunity to bid today.

IRCTC | The company’s OFS issuance has been subscribed 1.98 times at a compensation price higher than the minimum price by non-retail investors and the government has decided to exercise the green shoe option. Retail investors will have the opportunity to bid today.

    United Spirits |  Hina Nagarajan has been appointed CEO and CEO of the company effective July 1, 2021.

United spirits | Hina Nagarajan has been appointed CEO and CEO of the company effective July 1, 2021.

    Godawari Power Ispat |  The company will sell its stake in Ardent Steel for Rs 87 million.  The company's stakes in Ardent Steel will fall to 37.85 percent.

Godawari Ispat of Power | The company will sell its stake in Ardent Steel for Rs 87 million. The company’s stakes in Ardent Steel will fall to 37.85 percent.

    Muthoot Finance |  The company will issue bonds with a face value of Rs 1,000 each with a base size of Rs 100 crore with the option to retain the oversubscription up to Rs 900 crore by adding up to a tranche limit of Rs 1,000 crore.

Muthoot finance | The company will issue bonds with a face value of Rs 1,000 each with a base size of Rs 100 crore with the option to retain the oversubscription up to Rs 900 crore accumulating up to a tranche limit of Rs 1,000 crore.

    IRCON International |  The company receives a job of Rs 900 crore by NHAI.

IRCON International | The company receives a job of Rs 900 crore by NHAI.

    Gayatri Projects |  The company has received orders worth 1,330 million rupees in Uttar Pradesh.

Gayatri projects | The company has received orders worth 1,330 million rupees in Uttar Pradesh.

    PNC Infratech |  The company has bagged orders worth Rs 950 crore for a water supply project.

PNC Infratech | The company has bagged orders worth Rs 950 crore for a water supply project.

    Kalpataru Power Transmission |  The company abandoned its plan to build a new office in Santacruz, Mumbai, after analysts raised concerns about related party transactions and misallocation of capital.

Kalpataru power transmission | The company abandoned its plan to build a new office in Santacruz, Mumbai, after analysts raised concerns about related party transactions and misallocation of capital.




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