Top Stocks in Focus On Oct 29; IRCTC, NDTV and More

  • Stock Market News
Top Stocks in Focus On Oct 29; IRCTC, NDTV and More
Credit: © Reuters.

By Malvika Gurung -- IRCTC (NS: INIR ): The e-ticketing major has been asked by the ministry of railways to share half of the revenue earned by it through convenience fees on train tickets, of Rs 299.13 crore. Income from the convenience fee was the largest revenue earner for IRCTC in 2020-21. 

New Delhi Television Ltd (NS: NDTV ): Eriska Investment Fund, on October 28, sold its entire holding of 2.85 million shares in NDTV for Rs 79 apiece, through a bulk deal on the BSE, which in another transaction was bought by Visaka India EIF Fund for the same price apiece.

Wipro Ltd (NS: WIPR ): The IT major has partnered with Oracle (NYSE: ORCL ) to launch the Wipro (NS: WIPR ) Tollway Transportation and Billing solution, which aims to enhance the experiences of a commuter, now that the system has shifted to cashless operations, and improve the profitability for tollway authorities.

Infosys (NS: INFY ): The IT giant and BP (LON: BP ), an integrated energy company, have agreed to co-develop a digital platform that will collect data from different assets and optimize the energy supply and demand for power, heat, and other requirements, calculated through artificial intelligence, in order to optimize the energy efficiency of a company and their decarbonisation targets.

Tata Power Co. Ltd (NS: TTPW ): The company has appointed Sanjeev Churiwala as its  Chief Financial Officer and Key Managerial Personnel, starting responsibilities from January 1, 2022.

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