RIL, PNB, Reliance Capital, Union Bank of India and other hot stocks on November 30
Nov 30, 2021
Credit: BCCL
RIL
Mukesh Ambani’s Reliance Industries has reportedly tied up with Whatsapp to ease the shopping experience of customers at JioMart. It has introduced a new ‘tap and chat’ option for ordering groceries from the ecommerce platform.
Credit: BCCL
Reliance Capital
Anil Ambani’s financial services company is heading towards bankruptcy court.
Credit: BCCL
Reliance Capital
The Reserve Bank of India (RBI) said it will initiate bankruptcy proceedings against Reliance Capital and superseded the non-banking financial company’s board on governance concerns and payment defaults.
Credit: BCCL
Punjab National Bank
The public sector bank will invest in Open Network for Digital Commerce as a promoter entity by picking up over 9 percent stake in the company.
Credit: BCCL
Dr Reddy’s Laboratories
The pharmaceutical major said it is in talks with partners to export domestically made doses of Russia’s COVID-19 vaccine Sputnik.
Credit: BCCL
IndiaMART InterMESH
The B2B e-commerce firm has acquired a stake in trade receivable discounting system services firm M1xchange for ₹32.4 crore.
Credit: BCCL
Union Bank of India
RBI imposed a monetary penalty of ₹1 crore for violating certain provisions related to sale of stressed assets and reporting of frauds.
Credit: BCCL
Ratnamani Metals & Tubes
The company has received new domestic orders aggregating to ₹297.87 crore from the oil and gas sector that is to be executed between February 2022 and January 2023.
Credit: BCCL
James Warren Tea
The company has approved a proposal to buy back shares worth ₹24.86 crore at a price of ₹295 per share. The stock closed at ₹259 on November 29.
Credit: BCCL
IPO Watch
Go Fashion will list today; shares of the company are commanding a premium of ₹520 in the grey market. Star Health and Allied Insurance Company IPO to open today.
Credit: BCCL