Shares of IFCI continued their northward movement for the second straight day on back of heavy volumes. The stock has rallied 9 per cent to Rs 16.29 on the BSE in Tuesday’s intra-day trade, and was trading closer to its 52-week high of Rs 16.40 touched on June 24, 2021.

In the past one week, the stock has zoomed 39 per cent, after the rating agency said that the rating outlook will be changed to 'Stable' if IFCI’s strategic importance to the government of India (GoI) increases significantly along with the infusion of sizeable capital.

Reliance Industries (RIL) on Monday has raised $736 million in green loan to fund the acquisition of solar panel maker, REC Solar Holdings. This will be first such financing for the Mukesh Ambani-owned company.

REC Solar is the borrower while Reliance New Energy Solar is the guarantor, as per local media reports.

Realty firm Godrej Properties Ltd on Monday said it has entered into a joint venture (JV) with TDI group to build a luxury housing project at Connaught Place in Central Delhi.

In a regulatory filing, Godrej Properties informed that the project would have a development potential of about 1.25 lakh square feet saleable area.

WhatsApp said on Monday that the users will now have the option to turn on disappearing messages by default for all new chats and also control how long they want the messages to be visible.

When enabled, all new one-on-one chats either you or another person starts will set to disappear at your chosen duration. It has also added a new option of creating a group chat that lets you turn it on for groups you create. This new feature is optional and does not change or delete any of the user’s existing chats.

Vedanta Ltd on Monday said it has decided to extend the date by which holders can surrender their American Depositary Shares to the depositary in exchange for the underlying equity shares of the company from December 8 to January 10 next year.

Holders of American Depositary Shares (ADS) can now surrender their ADSs at any time on or prior to January 10, 2022, Vedanta said.

Air India and SpiceJet have outstanding dues of Rs 2,350 crore and Rs 185 crore respectively to the Airports Authority of India (AAI) as on September this year, Minister of State for Civil Aviation V K Singh said on Monday.

Some airlines have defaulted on clearance of their dues, Singh said in written response to a question in Rajya Sabha.

Shriram Properties has fixed a price band of Rs 113-118 a share for its Rs 600-crore initial share-sale, which will open for public subscription on December 8.

The three-day initial public offering (IPO) will conclude on December 10, the bidding for anchor investors will open on December 7, according to the company.

The firm has reduced its offer for sale size to Rs 350 crore from Rs 550 crore earlier.

Shares of Vodafone Idea (VIL) were quoting higher for the fourth straight trading days, hitting 31-month high of Rs 15.24, up 5.5 per cent on the BSE in Monday’s intra-day trade. The stock of telecom services provider was trading at its highest level since May 8, 2019 and has surged 38 per cent in the last four trading sessions. With the current rally, the market value of VIL has zoomed 235 per cent from its 52-week low level of Rs 4.55 touched on August 5, 2021.

Shares of Zee Entertainment Enterprises (ZEEL) hit a 52-week high of Rs 363.50, up 4 per cent on the BSE in Monday’s intra-day trade in otherwise subdued market. The stock of broadcasting & cable TV operator has surpassed its previous high of Rs 362.85, touched on September 23, 2021. In comparison, the S&P BSE Sensex was down 0.35 per cent at 57,493 points at 10:17 am.

In the past two weeks, the stock has rallied 22 per cent after after Punit Goenka, MD and CEO of ZEEL said that merger talks between the company and Sony Pictures Networks India (SPNI) are in final stages.

Shares of JBM Auto continued their northward movement, and rallied 11 per cent to Rs 1,147.95 on the BSE in Monday’s early morning deals ahead of the company's board meeting to consider stock split from face value of Rs 5 to a lower denomination.

JBM Auto on November 19, 2021 said that the board of directors of the company is scheduled to meet on Wednesday, December 8, 2021 to consider and approve the proposal of sub-division of company's equity shares having face value of Rs 5 each and matters related thereto. Since then, the stock has surged 29 per cent from level of Rs 891 on November 18.

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