Stocks to watch on June 27, 2023
ICICI Prudential Life Insurance Company Limited Received a Demand-to-Show Notice (SCN) from the Directorate General of Goods and Services Tax Intelligence (DGGI), asking the company to explain why it has not demanded tax of Rs 492.06 crore in respect of the period July 2017 to July 2022 from the company. It largely relates to a wide-ranging Input Tax Credit case and the Company believes that it has availed itself of eligible Goods and Services Tax (GST) Credit as per the provisions of the Central Goods and Services Tax Act 2017 and other applicable laws. The Company shall take appropriate steps in a timely manner to respond to the SCN and contest the matter.
Aries Agro Limited He bought land, approx. 1 (one) acre, at Village Chak Taliya Mood, Pargana-Asoha, Tehsil-Purwa, District-Unnao, UP for the purpose of transferring existing factory located in Lucknow, located in leasehold premises to owned premises and potential future expansion.
City Union BankOn Monday, she said she would Raising Rs 500 Crore through Qualified Institutional Placement (QIP) A way to finance business growth. The Board of Directors at a meeting approved raising additional capital through QIP route to an amount of ₹500 crore, City Union Bank said in a regulatory filing.
Bharti Airtel Announced changes to its leadership team in the Airtel Business. Ajay Chitkara, CEO, Airtel Business, I decided to move from Airtel. It will continue with the company until the third week of August 2023. Accordingly, Airtel Business will operate as three business segments and channels – Global Business, led by Vani Venkatesh, Local Business, led by Ganesh Lakshminarayanan, and Nxtra Data Centers, led by Ashish Arora.
JSW Steel The exchanges have reported that following the approval of the merger scheme by NCLT, JSW Vallabh Tinplate, Vardhman Industries and JSW Steel Coated Products have filed paperwork with the Registrar of Companies. The said scheme became effective from 26 June. According to the merger plan, JSW Vallabh Tinplate and Vardhman Industries were merged with JSW Steel Coated Products, a subsidiary of JSW Steel, and ceased to exist from actual history.
sientan engineering and technology solutions company, announced that it had done so fully integrated with the acquired entity in Finland, Citec. While Cyient has completed 20 acquisitions over its 32-year history, Citec has the largest; In terms of revenue, valuation, number of people, and geographic locations. It was also the first of its kind in the North region and provided expanded capabilities in sustainability services and plant engineering.
RailTel Corporation of India Ltd has received the work order from Tamil Nadu State Marketing Corporation Ltd. (TASMAC) to implement the Integrated Solution Project enabling end-to-end computing and interconnection of core functions and support of TASMAC for a period of 5 years amounting to Rs.294.37 crore (including tax).
board her BLS International It agreed to raise money through the initial public offering of its subsidiary, BLS E-Services. The offering size, price and other details of the proposed IPO will be determined in due course. Following the proposed IPO, BLS E-Services will remain a subsidiary of the Company.
L&T Technology ServicesOn Monday, it said it had partnered with state-owned Bharat Sanchar Nigam Limited (BSNL) to roll out a private 5G network for enterprise customers. According to the framework of the agreement signed by the two companies, the spectrum will be provided by BSNL using both PLMN (Public Terrestrial Mobile Telephone Network) and isolated assignment.
board of directors Godrej properties He agreed to issue a non-convertible debenture of Rs 750 crore.
We Win Limited has received a job order of Rs 8.72 crore to set up the operations and management of a 37-seat one-stop call center (with 104 helpline) in Himachal Pradesh. The project has a duration of 5 years and has 37 seats, and it can be extended for two years according to requirements.