NEW DELHI: Here is the list of actions that could be in the spotlight on Thursday.
ICICI Bank: RBI imposed a fine of ??30 lakh on ICICI Bank for regulatory compliance shortcomings, and another ??1.8 crore on National Bank of Punjab. It was found that the ICICI bank did not comply with the instructions relating to the collection of fees for not maintaining the minimum balance of savings accounts. PNB was found to contravene the RBI’s provisions on the pledge of shares.
Yes Bank: The private sector lender filed a lawsuit in a Mumbai companies court against the family promoters of Dish TV India Ltd expressing fears that legal action may be taken against the bank, preventing it from voting at Dish TV’s annual general meeting (AGM) on December 30.
Automotive stocks: Rating agency Icra Ltd revised its weaker growth forecast for the domestic passenger vehicle industry to 8-11% for the current fiscal year from 14-17% previously projected due to chip shortages . For the two-wheeler segment, he said volumes are expected to contract 1-4% in FY22, against an earlier forecast of 6-8% growth.
Sun Pharma: Its subsidiary received final approval from the US FDA for its Abbreviated New Drug Application (ANDA) for Generic Amphotericin B Liposome for Injection. According to October data from IQVIA Health, AmBisome Liposome for Injection, 50 mg / vial, had annualized sales of approximately $ 136 million in the United States.
Adani Ports and Special Economic Zone: Signed a share purchase agreement with Adani Transmission for the sale of 100% of the capital of MPSEZ Utilities.
Vodafone idea: The telephone company is aiming to quadruple its annual capital expenditure to $ 2 billion (approximately ??15,000 crores). The company expects equity funding, including from developers, to be blocked by March.
Wipro: To acquire LeanSwift Solutions, a US-based systems integrator of Infor products whose service capabilities include ERP, e-commerce, digital transformation, supply chain, warehouse management systems, business intelligence and integrations.
Indiabulls housing finance: The company founder is set to close a deal to sell about half of his stake in the shadow lender to investors led by Blackstone Group Inc. and Abu Dhabi Investment Authority, as the industry emerges from a market meltdown. three years.
PSU Banks: Employees of several state-owned banks, including the State Bank of India, will go on strike for two days from today. The United Forum of Banking Unions (UFBU), which brings together nine banking unions, called a strike to protest the government’s decision to privatize several public sector leaders.
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