Stock buzzing | Wipro, Colgate-Palmolive, Britannia Industries, Other in Today’s News

Stock buzzing | Wipro, Colgate-Palmolive, Britannia Industries, Other in Today's News

WIPRO: Enter long-term partnerships with Pandorum technology. The company announces long-term partnerships with Pandorum Technologies to accelerate regenerative drugs with artificial intelligence.

Colgate-Palmolive: MD & CEO promoted to president care permit company at the parent company. Ram Raghavan, Managing Director & CEO Company has been promoted to president, oral care company, for Parent Colgate-Palmolive companies. As a result, Raghavan resigned as Managing Director and CEO. Now the name Prabha Narasimhan has been recommended for the Director of Managing Director and CEO.

Britannia Industries: Lic acquires additional stakes. Life Insurance Corporation acquired a 1.2 lakh share in the company through open market transactions on March 9 with this, its share ownership reached 5.02 percent, up from 4.97 percent before.

Ashoka Buildcon: Ashoka Belgaum Khanapur Road becomes eligible to receive payment of annuities from NHAI. With the Declaration of the Commercial Operation Date (COD) for the Annuity Hybrid (HAM) Fashion Project of the National Highways Authority of India (NHAI) for the six Lanings of the Belgaum-Khanapur Section of the NH-4A in Karnataka, Special Destination Vehicles (SPV) Ashoka Belgaum Khanapur Road qualified for Receive payment of Annuities from NHAI for a 15-year operating period at intervals every six months from the date of achieving COD. SPV has received a temporary certificate for settlement of 16.345 km from the total length of the highway project 30.800 km.

Lupine: Launches its first reference laboratory in East India. Major pharmacy launched his first reference laboratory in East India, establishing a diagnostic business in Kolkata. Lupine Diagnostics also prepares a laboratory in West Bengal, Assam, Bihar, Jharkhand and Odisha to fulfill comprehensively the East Indian region.

Indian shipping company: LIC sold equity shares 2 percent. Insurance Life Corporation of India sells 2 percent of equity shares in the company through open market transactions. With this, the ownership of LIC shares in the company reached 6.03 percent, down from 8.04 percent earlier.

Mold-Tech Technology: Board to consider interim dividends. The board on March 15 will consider interim dividends for the financial year 2021-22.

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