Market Commentary - Stock Alert
TCS, Titan Company, Wipro, MCX in focus As on : 11-Oct-23  08:51

Tata Consultancy Services (TCS): Country's largest software services firm TCS will announce its Q2 results today, 11 October 2023. Moreover, TCS board will also consider a proposal for share buyback in its meeting.

Titan Company: The meeting of the board of directors of the company is scheduled on 17 October 2023 to consider and approve the proposal for issuance of rated, listed, redeemable, unsecured Non-Convertible Debentures on a private placement basis, within the permissible borrowing limits under Section 180 of the Companies Act 2013.

Wipro: Wipro had signed a definitive agreement to subscribe to equity share capital in FPEL Ujwal Private Limited (FPEL), engaged in the business of developing, building, and managing a portfolio of solar power assets. The company has completed its subscription in equity share capital of FPEL on 10 October 2023.

Bank of Baroda: The Reserve Bank of India has directed Bank of Baroda to suspend, with immediate effect, any further onboarding of customers onto its 'bob World' mobile application, based on certain supervisory concerns that RBI had observed in the Bank's mobile banking onboarding processes. Further onboarding of customers on the ?bob World? application will be subject to further strengthening of related processes by the Bank to the satisfaction of RBI.

Multi Commodity Exchange of India (MCX): The exchange proposes to go live with new Commodity Derivatives Platform with effect from 16 October 2023.

Fine Organic Industries: The company has incorporated a wholly owned subsidiary company named 'Fine Organic Industries (SEZ) Private Limited' in India for manufacturing specialty chemical products.

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