Japanese Giant Toshiba to lay off about 7% of workforce

Here is the list of stocks that will be in the spotlight in today's session.

Trends on the Singapore stock exchange indicates that the Nifty could fall 66 points at the opening bell. Overseas, Asian stocks are mostly trading lower on Wednesday, as Japan’s exports growth hit an eight-month low. Japan’s exports snapped seven months of double-digit growth in October due to slowing car shipments, as global supply constraints hit the country’s major manufacturers. Exports rose 9.4% year-on-year in October, Ministry of Finance data showed on Wednesday. It followed 13.0% growth in the prior month and was the weakest expansion since a decline in February. Car shipments fell 36.7%. Here is the list of stocks that will be in the spotlight in today’s session.

Infosys: The IT major and MIT Technology Review, a world-renowned technology media brand and its custom publishing division Insights, announced the launch of ‘The Cloud Hub’, a forum offering insights and learning from successful cloud transformations to help global enterprises accelerate their cloud journey.

Biocon Biologics: A subsidiary of Biocon, and Viatris Inc. announced the U.S. launch of interchangeable biosimilars SEMGLEE (insulin glargineyfgn) injection, a branded product, and Insulin Glargine (insulin glargine-yfgn) injection, an unbranded product, to help control high blood sugar in adult and pediatric patients with type 1 diabetes and adults with type 2 diabetes.

Westlife Development: The company said that McDonald’s has partnered with ITC to add a differentiated fruit beverage, B Natural to the Happy Meal. The new Happy Meal is available across all McDonald’s restaurants in West and South India.

Home First Finance Company: The NBFC said that a meeting of Committee of Directors of the company is scheduled to be held on 22 November 2021, to consider and approve the issuance of Secured, Rated, Listed, Redeemable, Taxable, Non-Convertible Debentures on private placement basis, in one or more tranches up to Rs 99 crore.

Tourism Finance Corporation: The company said that a meeting of the Resource Committee of the Directors of the company will be held on 22 November 2021, to consider the issuance of Non-Convertible Debentures to be issued on private placement basis.

Grindwell Norton: Grindwell Norton said that the company has made an investment of Rs.15 lakhs in Cleanwin Energy Three LLP towards Power Purchase.