Vedanta, Reliance, Airtel and other hot stocks on February 22 as Russia-Ukraine crisis spooks global markets​

Feb 22, 2022

By: Rounak Jain

Vedanta

Announced an oil discovery in Rajasthan’s Barmer district, making it the company’s third such discovery under the Open Acreage Licensing Policy.

Credit: Vedanta

Reliance Industries

Its telecom arm, Reliance Jio, announced that it will land a multi-terabit India-Asia-Xpress undersea cable system in Maldives, which will connect the country to major internet hubs in India and Singapore.

Credit: Reliance

Bharti Airtel

Joined the ‘SEA-ME-WE-6’ undersea cable consortium, adding 100 TBps capacity to its network.

Credit: BCCL

Adani Enterprises

Signed a memorandum of understanding with Ballard Power Systems to explore commercialisation of hydrogen fuel cells in mobility and industrial applications.

Credit: Adani-Enterprises

IDFC First Bank

MD and CEO V Vaidyanathan gifted 9 lakh equity shares to five people, while a welfare trust run by him disposed of 2 lakh shares to support social activities.

Credit: IDFC-First-Bank

IRCTC

Teamed up with Bank of Baroda to offer a co-branded credit card on the RuPay platform.

Credit: IRCTC

NHPC

Announced that its 120MW power station in Jammu & Kashmir has resumed power generation.

Credit: NHPC

Krsnaa Diagnostics

To provide diagnostic and laboratory services to government medical colleges and hospitals in Himachal Pradesh.

Credit: Krsnaa-Diagnostics

Tata Power

Signed a memorandum of understanding with RWE Renewables to explore the potential of offshore wind projects in India.

Credit: Tata-Power

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