Stocks in the news
Flair Writing Industries: The writing instruments manufacturing company is set to debut on the BSE and NSE on December 1. The issue price has been fixed at Rs 304 per share.
Biocon: Subsidiary Biocon Biologics has completed the integration of the Viatris' biosimilars business in 31 European countries. The subsidiary acquired all the global biosimilar business of Viatris in November 2022.
Whirlpool of India: Promoter Whirlpool Corporation intends to enter into one or more transactions to sell up to 24 percent of its ownership interest in Whirlpool of India in 2024. It expects to use transaction proceeds to reduce debt levels, which will enhance balance sheet flexibility.
Power Grid Corporation of India: The state-owned electric services company has been declared as the successful bidder to establish two inter-state transmission system projects under the build, own operate and transfer (BOOT) basis, in Rajasthan.
LTIMindtree: The technology consulting and digital solutions company has been selected as a strategic partner by Metasphere, a wastewater application specialist, to scale its smart sewers management platform.
ITD Cementation India: The engineering and construction company has secured a contract for civil & hydromechanical works of 500 MW hydel power, pumped storage project worth Rs 1,001 crore in Andhra Pradesh.