Stocks to watch on October 5: What is buzzing around these 20 companies
HDFC Bank, ICICI Life, Wipro, DLF, Ola Electric, Gland Pharma, Unimech, Solex Energy, Aurobindo Pharma, and others
HDFC Bank has appointed Anup Bagchi as its new Managing Director and Chief Executive Officer, bringing with him over three decades of experience in financial services. Sidharatha Mishra has been appointed as the Managing Director and Chief Executive Officer of ICICI Life Insurance, with the board also appointing him as an Additional Director and Managing Director & CEO.
DLF has announced the complete sell-out of The Aureva, its luxury residential community in Gurugram, with sales of ~₹1985 crore. Ola Electric Mobility has pledged a 4.32% stake in the company to raise capital for an upcoming rights issue. Gland Pharma has approved an investment of up to $21 million in Gland Pharma USA Inc. to fund the acquisition of a 60% stake in Novelstar Pharma Inc.
Brief written by urgent.news from Hindu BusinessLine's own syndicated text. Machine-written — may contain errors; check the original before relying on it.