Tata Motors, Wipro, TCS, Nestle and other hot stocks on February 17

Feb 17, 2022

By: Rounak Jain

Tata Motors

Its subsidiary, Jaguar Land Rover, has partnered with Nvidia to develop next-generation automated driving systems and AI-enabled services.

Credit: Tata-Motors

Wipro

Bagged a five-year contract from ABB Ltd., for its digital transformation in a contract valued at ₹1,127 crore.

Credit: Wipro

Tata Consultancy Services

Announced a partnership with Matrixx Software to offer a next-generation subscription platform to communication service providers.

Credit: Tata-Consultancy-Services

Earnings today

Nestle, Ambuja Cements.

Credit: Pixabay

Infosys

Announced a partnership with Google for its Cloud Cortex framework to power its digital transformation services.

Credit: Infosys

Future Consumer

Failed to make a payment of ₹27 crore on unlisted non-convertible debentures to CDC Emerging Markets Ltd.

Credit: Future-Consumer

JSW Ispat

Its joint venture, JSW Ispat Special Steel, will acquire a 100 percent stake in Mivan Steels for ₹450 crore.

Credit: JSW-Ispat

Jubilant Ingrevia

Commissioned a new Diketene derivatives facility at its Uttar Pradesh plant with a capacity of 7,000 tonnes per annum.

Credit: Jubilant-Ingrevia

Avenue Supermarts

Ratings agency CRISIL reaffirmed AA rating for the company’s bank loan facilities.

Credit: BCCL

High turnover and mounting losses are plaguing Goldman Sachs' Marcus consumer-banking unit