Buzzing Stocks | Zomato,TVS Motor, Tube Investments, TCS, and others in news today

Government of Singapore Investment Corporation purchases a 0.5% interest in TVS Motor Company. At an average price of Rs 1,047.81 per share, Government of Singapore Investment Corporation Pte Ltd A/C C Account purchased 24.69 lakh shares of the two-wheeler manufacturer. However, 39.77 lakh shares were sold by Integrated Core Strategies (Asia) Pte Ltd at an average cost of Rs 1,046.69 per share.

Zomato: Alipay Singapore Holding sells 1,631.4 crore rupees' worth of shares in Zomato. At an average price of Rs 62.06 per share, foreign investor Alipay Singapore Holding Pte Ltd sold 26.28 crore shares in the world's largest food delivery company, netting Rs 1,631.4 crore. As of September 2022, it owned 55.89 crore shares, or 6.7% of Zomato. The affiliate of Singapore's Temasek sovereign wealth fund, Camas Investments Pte Ltd, purchased 9.8 crore shares of the company at an average price of Rs 62 per share.

Punjab National Bank: PNB hikes lending rates by 5 bps across tenures from December 1. The public sector lender has raised lending rates by 5 bps across tenures from December 1.

Apollo Hospitals Enterprises: The board of directors has given the organisation permission to raise up to Rs 105 crore through NCDs. The operator of a hospital chain has received board clearance for non-convertible debentures to raise up to Rs 105 crore (NCDs). 1,050 NCDs with a face value of Rs. 10 lakh each would be issued by the corporation.

Tata Consultancy Services: The UK Government chooses TCS to assist in developing the rail data marketplace. Rail Delivery Group (RDG) has chosen the business to design, develop, implement, and run the UK's Rail Data Marketplace (RDM). The agreement between TCS and RDG is for a length of six years with the possibility of an extension.

Wipro: The Wipro Data Intelligence Suite is now available. The Wipro Data Intelligence Suite running on Amazon Web Services was introduced by the IT services provider (AWS). The Suite provides dependable and safe ways to transition to the cloud from current platforms and disjointed legacy systems.

I-Shares Core Emerging Markets offers simple travel planners Easy Trip Planners receives a 1.1% share from a Mauritius company. Core Emerging Markets I-Shares Through open market transactions, the Mauritius Company acquired a stake of more than 1.1% in an online travel agency by purchasing 24.82 lakh shares at an average cost of Rs. 62.98 per share.


Shares in ABB India, Bajaj Holdings and Investments, Tube Investments of India, and Varun Beverages are being sold by Integrated Core Strategies (Asia) for a total of Rs. 1,771 crore. Integrated Core Strategies (Asia) Pte Ltd, a Singapore-based investment firm, sold 10.9 lakh shares of ABB India through open market transactions at an average price of Rs 2,997.22 per share. Additionally, it offloaded 17.35 lakh shares of Tube Investments at an average price of Rs 2,766.83 per share, 48.06 lakh shares of Varun Beverages at an average price of Rs 1,245.01 per share, and 5.83 lakh shares of Bajaj Holdings and Investments at an average price of Rs 6,266.25 per share. A total of Rs 1,771 crore was sold.
 

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