The Indian market is likely to open flat Wednesday amid mixed global cues. Meanwhile, the SGX Nifty was trading 8.00 points or 0.05 percent lower at 14,921.00, indicating a flat start for the Sensex and Nifty50.
TCS | The IT major has renewed its strategic partnership with UK’s Nationwide Building Society to help strengthen the latter’s enterprise agility and operational resilience.
HPCL | The company has acquired a balance 50 percent stake in Chhara LNG Terminal for Rs 397 crore.
Ultratech Cement | The company has repaid long term loans worth Rs 5,000 crore from its free cash flows.
InterGlobe Aviation | IndiGo is likely to reinstate 5 percent salary cut of cabin crew from April 1, sources said. IndiGo had implemented 10 percent salary cut for cabin crew in 2020 due to COVID-19.
Mahindra Holidays & Resorts India | The company said the operations in 3 SPA hotels of its subsidiary Holiday Club Resorts Oy (HCR), Finland, will continue to remain suspended till May 2, 2021, in compliance with the directives issued by the Finnish Government arising out of COVID 19.
News Source: CNBC TV 18