Market Commentary - Stock Alert
Wipro, Tata Elxsi, Zydus Lifesciences to be watched As on : 08-Jun-23  08:43

Wipro: Wipro launched a managed private 5G-as-a-Service solution in partnership with Cisco. The new offering enables enterprise customers to achieve better business outcomes through the seamless integration of private 5G with their existing LAN/WAN/Cloud infrastructure.

Tata Elxsi: Tata Elxsi inaugurated an Innovation Hub and nearshore engineering centre in Troy, Michigan. The new centre will support EV and green mobility, Software and Digital engineering for OEMs and Tier 1 suppliers.

Zydus Lifesciences: Zydus Lifesciences (including its subsidiaries/affiliates) has received final approval from the United States Food and Drug Administration (USFDA) for Tadalafil Tablets USP, 20 mg (USRLD: Adcirca Tablets, 20 mg). Tadalafil relaxes muscles of the blood vessels and increases blood flow to particular areas of the body.

Jindal Poly Films: The company entered into an agreement to acquire the 100% shareholding of JPF Netherlands Investment B.V. a Netherlands based entity, which is engaged into the business of packaging films business through its three operational wholly owned subsidiaries based out of France, Italy, and United Kingdom.

Punjab & Sind Bank: A meeting of the board of directors of the bank is scheduled to be held on 12 June 2023 for considering the proposal for raising of capital through issuance of Basel-III compliant Additional Tier-I Bonds or Tier-II bonds up to an amount of Rs.750 crore, in one or more tranches within a period of 12 months from the date of approval.

Lemon Tree Hotel: The company has signed a License Agreement for a 60 room property in Rajamundry, Andhra Pradesh under the Company's brand 'Lemon Tree Hotel'.

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