Tata Motors: The Tata Motors Group global wholesales in May 2019, including Jaguar Land Rover, slipped 23 per cent over May 2018.
CARE Ratings has revised the outlook of credit rating to the company as under - Long term bank facilities - CARE BBB; Negative (Rating reaffirmed; outlook revised from Stable) Long term / short term bank facilities - CARE BBB; Negative / CARE A3 (Rating reaffirmed; outlook revised from Stable)
According to a news
report by The Economic Times, Tata Sponge Iron is planning to raise up to Rs 1,800 crore through a rights issue to pay off its debt.
UBS has maintained sell call on the stock with the target price of Rs 90, as per reports.
The company's OFS to open on June 13-14 at a floor price of Rs 212 per share.
Jet Airways will be shifted to trade-for-trade segment from June 28 till further notice, the stock exchanges NSE and BSE said on Wednesday. They said this is a preventive surveillance measure.
Wipro: Wipro and Moogsoft, a pioneer and leading provider of artificial intelligence ,for IT operations (AIOps), announced a partnership. Wipro will leverage Moogsoft's industry-leading platform to deliver next-generation artificial intelligence for IT operations (AIOps) solutions for its customers.
Music Broadcast announced that the company has entered into definitive binding agreement for the acquisition of Reliance Broadcast Network.