By Malvika Gurung
Investing.com -- Tata Consultancy Services (NS:TCS): The IT behemoth will kick off the Q2FY23 earnings season by releasing its results on Monday.
Power Grid Corporation of India (NS:PGRD): Subsidiary Bhind Guna Transmission has successfully commissioned a transmission system for Intra-State Transmission Work associated with the construction of a 400KV substation near Guna and a 220kV Substation near Bhind.
Hindustan Unilever (NS:HLL): The FMCG giant has reportedly slashed prices of leading soaps and detergents by 2-19% as raw materials palm oil turned relatively cheaper.
HDFC (NS:HDFC): The largest mortgage lender will raise nearly Rs 12,000 crore by issuing bonds on a private placement basis next week.
Ambuja Cements (NS:ABUJ): The cement manufacturer’s shareholders have approved all proposals in its EGM, including a resolution to raise Rs 20,000 crore from an Adani (NS:APSE) group firm and the appointment of Gautam Adani and others on its board.
IDBI Bank (NS:IDBI): The government has invited bids for privatizing the lender, adding that Life Insurance Corporation Of India (NS:LIFI) and the Centre will sell a total of 60.72% stake in the banking company.
Suzlon Energy (NS:SUZL): Vinod R Tanti has been appointed as the leading renewable energy company’s Chairman & MD for the next three years, after the sudden demise of his brother Tulsi Tanti.
Star Health and Allied Insurance (NS:STAU): The health insurance company’s gross direct premium rose 12% YoY to Rs 5,655.1 crore in Q2 FY23, with the health-retail premium reporting a 21% jump.