Paytm Stock Price: Stocks in the News: Paytm, HCL Tech, Adani Power, Infosys and Adani Ports

Nifty futures on the Singapore Stock Exchange traded 50.50 points, or 0.29%, at 17,422.50, signaling Dalal Street was heading for a positive start on Wednesday. Here are some stocks that might buzz the most in today’s trading:

One 97 Communications (Paytm): The company said there is no information that could affect price volume behavior in the certificates that has not yet been disclosed to exchanges. The company said its business fundamentals remain strong.

HCL technologies: The IT company has signed an agreement with Florida-based Neoris to jointly offer integrated IT solutions globally. HCL Technologies will help Neoris expand its business internationally, primarily in the United States, Europe and Asia, the Indian IT company said in the statement.

Adani power: The company said its board had approved a merger program to merge its six wholly-owned subsidiaries with itself. According to the filing, the subsidiaries to be merged with Adani Power are Adani Power Maharashtra, Adani Power Rajasthan, Adani Power (Mundra), Udupi Power Corporation, Raipur Energen and Raigarh Energy Generation.

Adani Ports and Special Economic Zone (APSEZ): said on Tuesday it had passed the milestone of handling 300 million metric tons (MMT) of cargo well before the end of the year.

Adani Ports: The company said it has recorded unprecedented growth since it began operations just over two decades ago and continues to outpace all Indian cargo volume growth, rapidly increasing its market share.

Infosys: IT company Infosys is to acquire oddity – a Germany-based digital marketing, experience and commerce agency – in an all-cash deal for 50 million euros (around Rs 419 crore), it announced on Tuesday. the society.

Indiabulls housing finance: The HFC said a committee appointed by the board had approved a proposal to raise capital of up to Rs 50,000 crore through bonds.

REC: State-owned REC said on Tuesday it would seek shareholder approval by mail to appoint Parminder Chopra as Power Finance Corporation’s designate director and SKG Rahate as CMD.

CDS: The computer science major is ready to roll out a 5G network for any telecom operator across the world any day and the company is working in India on country-specific gearing for the network, a senior said. responsible for the company.

Bharti Airtel: Airtel Africa has offered to raise $194 million (about Rs 1,475 crore) through International Finance Corporation (IFC) debt, to support plans to invest in the network of seven subsidiaries as well as refinance existing loans .

Bank of Karnataka: The private sector lender said it would raise up to Rs 300 crore by issuing Basel III compliant bonds on a private placement basis. The board approved the fundraising plan at its March 22, 2022 meeting, the bank said in a regulatory filing.

BHEL: Public engineering company BHEL has announced that it has appointed Upinder Singh Matharu as its director (Power). Matharu took charge of the business.