Tuesday, November 22, 2022

STOCKS IN FOCUS TODAY 22-11-22

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NDTV Billionaire Gautam Adani- led Adani Group's open offer to acquire an fresh 26 stake in news broadcaster New Delhi Television Ltd from the request would start on Tuesday, 22 November. The offer, for which a price band of 294 per share has been fixed, will open on 22 November and closes on 5 December, a notice by JM Financial, The former timeline for the open offer by Adani was from 17 October to 1 November.
Jindal Steel and Power: The energy ministry of Botswana has declared India's leading sword, mining, and structure player, Jindal Steel, and Power( JSPL) as the favored endeavor in a tender to make a 300- megawatt( MW) coal- fired power factory. Jindal was among the companies to bid for the only reactionary energygrounded power factory that the Southern African's landlocked country is planning to land in the coming two decades.
Reliance Industries The National Company Law Tribunal( NCLT) on Monday gave its blessing to Reliance Jio attachment Reliance systems and Property Management Services for the accession of Reliance Infratel( RITL) which owns palace and fibre means of Reliance Dispatches. The NCLT has asked Jio to deposit ,720 crore in the State Bank of India( SBI) escrow account to complete the accession of RCOM's palace and fibre means.
HDFC Bank/Canara Bank: The Reserve Bank of India( RBI) has allowed leading private sector lender HDFC Bank Ltd and staterun Canara Bank Ltd to open a special" vostro account" for trade in rupees with Russia, news agency Reuters quoted a report as saying on Monday. Vostro accounts are accounts a bank holds on behalf of another, frequently a foreign bank, and this forms a crucial part of pressman banking.
Bharti Airtel has increased the price of its minimum recharge mobile plan in Haryana and Odisha. As listed on the company's website, the price of the minimum yearly recharge plan has grown by about 57 to 155 in both countries. Till now, the cost of Airtel's minimum recharge plan in Haryana and Odisha was  99. It offered 200 MB of mobile data and calls at the rate of 2.5 paise per second. The 155 plan offers unlimited voice calling along with 1 GB total data and 300 SMS.

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