Zee Entertainment, Zomato, Medplus Health and other hot stocks on December 23

Dec 23, 2021

By: Rounak Jain

Zee Entertainment

The Zee-Sony merger is now set in stone, and Punit Goenka will lead the combined entity. The merger will take 8-10 months to close, the company said.

Credit: Zee-Entertainment

Zomato

Was served a petition filed by the Indian Federation of App-based Transport Workers, seeking to recognise the delivery executives officially as ‘workers’.

Credit: Zomato

MedPlus Health

The health services company will debut on the stock exchanges today after being subscribed over 52 times.

Credit: MedPlus-Health

Contd...

The grey market premium for the company’s shares is hovering around ₹180 per share.

Credit: MedPlus-Health

Vedanta

To hold a board meeting on December 27 to consider a proposal to raise ₹1,000 crore via non-convertible debentures.

Credit: Vedanta

Tata Motors

Incorporated a new wholly-owned subsidiary named Tata Passenger Electric Mobility Ltd.

Credit: Tata-Motors

IPO Watch

CMS Info Systems IPO subscribed 69 percent on Day 2.

Credit: Flickr

Kotak Mahindra Bank

Its subsidiary has acquired the financing arm of Ford Motor, Ford Credit India, which has over 16,000 customers and a loan book of ₹425 crore.

Credit: BCCL

Inox Wind

To consider a proposal to raise funds via private placement of equity instruments or other instruments.

Credit: Inox-Wind

Three new IPOs opening this week — Paradeep Phosphates, Ethos, eMudhra while LIC to list on exchanges tomorrow