Top Events on November 12: Sagility IPO debut, Mercedes-AMG C 63 S E launch, Hyundai Motor India Q2 results and more | Today News

India is set for a significant day in economic and diplomatic developments as several events unfold. Russia’s First Deputy Prime Minister Denis Manturov will meet with India’s External Affairs Minister S. Jaishankar for a high-level bilateral session to discuss trade and scientific collaboration. Major companies, including 3M India, Nykaa, and Hyundai Motor, are expected to release their Q2 financial results, shedding light on sectoral growth. Meanwhile, the Sagility IPO launches on the BSE and NSE,

Russia’s First Deputy PM Denis Manturov arrives in India for bilateral meetings

Russia’s First Deputy Prime Minister Denis Manturov is set to participate in a key bilateral meeting with Indian External Affairs Minister S. Jaishankar on November 12. During Manturov’s working visit, both leaders will lead a session of the Intergovernmental Russian-Indian Commission, focusing on enhancing trade, economic, scientific, technical, and cultural cooperation.

TTD to celebrate Mana Gudi festival across selected Shiva temples in Andhra Pradesh and Telangana

Tirupati, Andhra Pradesh — The Tirumala Tirupati Devasthanams (TTD) will observe the Mana Gudi festival from November 11 to 17, organizing celebrations in selected Shiva temples across Andhra Pradesh and Telangana through its Hindu Dharma Prachara Parishad (HDPP) wing. Over seven days, religious discourses on the significance of the Kartika month will take place in 26 districts of Andhra Pradesh and 33 districts of Telangana. In honor of Kaisika Dwadasi on November 13, two temples in each district will host special programs.

Mercedes-AMG C 63 S E Performance Launch

Mercedes-Benz India’s 14th launch for the year is the AMG C 63 S E Performance, which is slated to launch tomorrow, November 12, 2024. The C 63 S E Performance is the second AMG variant in the C-Class line-up, with the other being the C 43 4Matic.

Q2 results on November 12: Major companies set to release earnings

On Tuesday, November 12, several key companies, including 3M India Ltd, Bombay Dyeing and Manufacturing Co. Ltd, Bosch Ltd, CESC Ltd, Hyundai Motor India Ltd, FSN E-Commerce Ventures Ltd (Nykaa), Religare Enterprises Ltd, and Sula Vineyards Ltd, will release their second-quarter earnings reports. The financial disclosures are expected to provide insights into the firms’ growth and fiscal performance amidst challenging market conditions.

Delhi AQI today remains in ‘very poor’ category, pollution persists in other major cities

The air quality in Delhi continues to remain in the ‘very poor’ category as winter conditions exacerbate pollution levels, leading to serious health concerns for residents. According to the Central Pollution Control Board, Delhi’s average AQI was recorded at 352 on Monday, a slight increase from Sunday’s 24-hour average AQI of 335. Similar levels of pollution are being reported in 11 other Indian cities, including Patna and Bhagalpur, as winter season effects take hold across urban regions.

Sagility India IPO set to list on stock exchanges November 12

Sagility India Ltd is set to debut its equity shares on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on November 12. Investors are eagerly watching this IPO listing, which is expected to generate significant interest among stakeholders.

Mangal Compusolution IPO opens November 12 to raise ₹16.23 Crore

Mumbai, Maharashtra — Mangal Compusolution Limited is launching its Initial Public Offering (IPO) on November 12, 2024, aiming to raise ₹16.23 Crore. The comprehensive IT hardware solutions provider plans to list shares on the BSE SME platform. The IPO, comprising up to 36,06,000 equity shares at a face value of ₹10 each, will close on November 14. The funds raised will go toward capital expenditure and general corporate purposes.

Non-Institutional Investors: 17,10,000 shares

Retail Individual Investors: 17,10,000 shares

Market Maker: 1,86,000 shares

Maharashtra polls: “MVA will reach 175-180 seats,” predicts NCP-SCP’s Yugendra Pawar

As Maharashtra gears up for assembly elections, Yugendra Pawar of the NCP-SCP (Sharad Pawar faction) has expressed confidence in the Maha Vikas Aghadi (MVA) alliance’s success, projecting that it will win 175 to 180 seats. Pawar predicts the Mahayuti alliance will fall short of this target, giving MVA the advantage.

Aarti Industries, Granules, Hindustan Copper among five stocks in F&O ban list on November 12

On Tuesday, November 12, the National Stock Exchange (NSE) banned trading in five stocks in the futures and options (F&O) segment after these securities exceeded the 95% market-wide position limit. The banned stocks are Aarti Industries Ltd, Aditya Birla Fashion and Retail Ltd, Granules India, Hindustan Copper Ltd, and Manappuram Finance Limited, though they remain available for trading in the cash market.

Gautam Adani eyes $5 billion investment in aluminium, steel, and copper ventures

Gautam Adani’s latest business endeavor involves a $5 billion investment into aluminium and steel production facilities, alongside increased copper output. The strategic move is expected to strengthen Adani Group’s infrastructure portfolio and potentially reduce energy costs, positioning it to deliver affordable energy solutions relative to competitors.