Several stocks including Jio Financial, Adani Enterprises, Infosys, TCS, and Bajaj Finance will be in the spotlight today. Jio's agreement with Allianz, Adani's new company, and Accenture's growth in the IT sector will be discussed.
Stock Market Today: Several major stocks will be in investors' focus in the Indian stock market today. These include Jio Financial, Adani Enterprises, Infosys, TCS, Bajaj Finance, and other companies.
Jio Financial's Big Move into the Insurance Sector
Jio Financial plans to launch an insurance business in India in partnership with Germany's Allianz SE. This agreement is expected to mark Jio's b entry into the Indian insurance industry.
Adani Enterprises' New Company
Adani Enterprises has launched a new joint venture company, 'Pranita Ecocables Limited' (PEL). This company will operate under Adani's Kutch Copper Limited and will further strengthen the company's presence in the metal sector.
Investors' Eyes on Infosys, TCS, and HCL Tech
IT sector giants such as Infosys, TCS, and HCL Tech will be on investors' radar today. This is due to Accenture's upward revision of its annual revenue forecast, indicating that the increasing demand for AI integration could benefit IT companies.
Piramal Pharma Receives UK Approval
A subsidiary of Piramal Pharma has received approval from the UK's MHRA (Medicines and Healthcare Products Regulatory Agency), further strengthening the company's global presence.
Major Change in TVS Motor's International Operations
TVS Motor has appointed Peman Karigar as the head of its international business to strengthen its international operations. His tenure will begin on April 1, 2025.
Leadership Change at Bajaj Finance
A major management change has taken place at Bajaj Finance. Current CEO Rajiv Jain has been appointed Vice Chairman, while Anup Kumar Shah has been appointed the new Managing Director (MD).
Manappuram Finance to Issue Shares Worth ₹4,385 Crore
Manappuram Finance plans to issue shares worth ₹4,385 crore to Bain Capital. This allocation will be made at ₹236 per share.
Hindalco's Mega Investment Plan
Hindalco has announced an investment of ₹45,000 crore. This amount will be used to manufacture high-precision engineering products, increasing the company's manufacturing capacity.
Environmental Clearance for Lloyds Metals
Lloyds Metals has received environmental clearance for its 1.2 MTPA wire rod project and 4.0 MTPA pellet plant in Chandrapur district of Maharashtra.
Reappointment of MD at Ashoka Buildcon
Ashoka Buildcon has reappointed its Managing Director (MD), Satish Parakh, for another three years.
Significant Change at Happiest Minds
Happiest Minds has reappointed Ashok Soota as the company's Chief Mentor. This change will be effective from March 19.
