Market Commentary - Stock Alert
Bajaj Finance, TCS, Vedanta, Suzlon Energy to be watched As on : 16-Nov-23  08:37

Bajaj Finance: The Reserve Bank of India (RBI) has directed the company to stop sanction and disbursal of loans under its two lending products namely, ?eCOM? and ?Insta EMI Card?, with immediate effect, particularly with respect to non-issuance of key fact statements to the borrowers under these two lending products and the deficiencies in the key fact statements issued in respect of other digital loans sanctioned by the company.

TCS: The company has fixed Saturday, 25 November 2023, as the record date for the purpose of determining the entitlement and the names of the equity shareholders who shall be eligible to participate in the Buyback.

Vedanta: Malco Energy, a wholly owned subsidiary of the company, has incorporated a new wholly owned subsidiary in the name of ?Vedanta Copper International VCI Company Limited? for exploring growth opportunities in new geographies.

One97 Communications (OCL): OCL that owns the brand Paytm and the pioneer of QR and mobile payments announced a partnership with global travel technology company Amadeus. Under this collaboration, for the next three years, the company will integrate Amadeus's expansive travel platform, enhancing the travellers? experience from search to booking, and payments.

Suzlon Energy: Suzlon Group announced the RLMM listing of its S144 - MW series of wind turbines which are extendable to 3.15 MW making them a formidable force in the market. This listing marks an important milestone for successful commercialization of the product.

Satin Creditcare Network: The meeting of the board of directors of the company is scheduled on 20 November 2023 to consider and approve the fund raising proposal by way of issuance of listed/unlisted, secured/unsecured, non-convertible debentures on private placement basis.

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