GIFT Nifty on the NSE IX traded 11 points, or 0.05 per cent, lower at 20,089, signaling that Dalal Street was headed for muted start on Wednesday. Biocon 's Board has approved the appointment of Peter Bains as the Group CEO, with effect from September 18, 2023. He will be reporting directly to Group Chairperson Kiran Mazumdar-Shaw.The union government has extended Nitesh Ranjan's term as Executive Director of the bank for a further period of two years. Tata Motors announced that it will increase prices of its vehicles, effective 1 October 2023, up to 3%.NBCC was awarded a work order worth Rs 150 crore, which includes repair and renovation of KVIC Properties Pan India.LTIMindtree has launched Testing as a Service for Oracle SaaS. The floor price for the same has been fixed at Rs 784.5.BL Kashyap has secured a new order worth Rs 167 crore for civil and structure works for a SAM project.Jindal Steel has appointed Naveen Jindal as non-executive director and chairman from October 1.

Source: Economic Times September 20, 2023 20:15 UTC