HCL Tech, Tata Motors and Nazara Technologies are the top stocks to watch out for on December 9

Dec 9, 2021

By: Bhakti Makwana

HCL Technologies

The company and apoBank, one of the largest cooperative primary banks in Germany, have signed an agreement with Atruvia AG to acquire information technology (IT) consulting company Gesellschaft für Banksysteme for 99,000 euros.

Credit: BCCL

Tata Motors

The nation’s largest truck maker has lined up an investment of more than $1 billion (over ₹7,500 crore) in the coming 4-5 years to recraft its road map for the commercial vehicle business, with electric vehicles at its core, said a report by The Economic Times.

Credit: BCCL

Nazara Technologies

The company’s subsidiary Nazara Technologies FZ-LLC now owns 69.18 percent stake in Publishme Global FZ, a Turkish full-service games marketing agency,

Credit: BCCL

RailTel Corporation of India

The company has received an order from Ircon International for design, supply, installation, testing and commissioning of a tunnel communication system consisting of emergency call and service telephone, closed-circuit television (CCTV), tunnel radio and public address system in tunnel environment at a total cost of ₹210.77 crore.

Credit: RailTel-Corp-of-India

United Breweries

The beer maker has approached the National Company Law Appellate Tribunal against ₹751.8 crore penalty imposed on the company by fair trade regulator Competition Commission of India (CCI).

Credit: BCCL

REC

The company has approved the proposal for sale and transfer of Kallam Transmission to the successful bidder, selected through tariff-based competitive bidding process.

Credit: REC

Westlife Development

Pankaj Roongta resigned as the chief financial officer (CFO) of Westlife Development, effective from December 8.

Credit: BCCL

Venus Remedies

The company has been selected for the production linked incentive (PLI) scheme by the government.

Credit: Venus-Remedies

Gland Pharma

The company has received a tentative approval from the US Food and Drug Administration (FDA) for Cangrelor for Injection.

Credit: Gland-Pharma

IPO watch

Anand Rathi IPO allotment is today. Shriram Properties, RateGain and CE Info Systems (MapmyIndia) opened for subscription.

Credit: BCCL

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