RIL in focus as Jio plans tariff hike

Shares of Reliance Industries (RIL) will be in focus. Reliance Jio Infocomm (Jio), a subsidiary of RIL said it will also work with the government and comply with the regulatory regime to strengthen the industry to benefit Indian consumers and take measures including appropriate increase in tariffs in next few weeks in a manner that does not adversely impact data consumption or growth in digital adoption and sustains investments.

Wipro signed a Memorandum of Understanding (MoU) with the University of Oulu, Finland, to collaborate in the areas of wireless communications in 5G/6G at GHz, THz and light wave frequencies under the University's 6G flagship program.

Yes Bank said divergence in gross NPAs as of 31 March 2019 was at Rs 3,277 crore and divergence in net NPAs was at Rs 2,299 crore. The bank clarified that the incremental Gross NPA of Rs 2,018 crore is across four accounts of which exposure of Rs 1,041 crore across 3 accounts was internally rated and disclosed as 'BB&Below' as on 30 September 2019. Bank intends to convene board meeting by end of November to finalise capital raising, it said.

Siemens reported 18.28% rise in consolidated net profit to Rs 333.90 crore on 6.38% rise in total income to Rs 4,290.10 crore in Q4 September 2019 over Q4 September 2018.

NBCC (India) said it has received Rs 500 crore order from Ministry of Environment, Forest and Climate, Government of India to provide Principle Project Consultancy and Executing agency for the Development of the National Museum of Natural History at Bhairon Marg, New Delhi.

Shree Cement said the the board of directors of the company approved floor price for QIP at Rs 19,806.46 per share. The board also authorised the opening of the QIP yesterday, 19 November 2019.

Indian Railway Catering & Tourism Corporation (IRCTC) signed a concession agreement with Karnataka State Tourism Development Corporation (KSTDC) on 19 November 2019 for taking over the operations, marketing and day to day maintenance of Golden Chariot Train.

Powered by Capital Market - Live News