Stocks to watch on November 27: M&M, NTPC Green Energy, Siemens, Vedanta, Zaggle, Dabur, Wipro, and more

On the global front, Wall Street stocks, led by the S&P 500 and the Nasdaq, ended higher on Tuesday, as technology stocks rebounded while investors digested President-elect Donald Trump's tariff pledges on top trade partners and the latest minutes from the Federal Reserve.

The Fed's latest minutes showed officials appeared divided over how much further they may need to cut interest rates.

Besides, in a positive development, a ceasefire between Israel and the Iran-backed group Hezbollah will take effect on Wednesday after both sides accepted an agreement brokered by the United States and France, US President Joe Biden said on Tuesday.

The Mumbai-based auto major unveiled two ground-up models—BE 6e and XEV 9e—here. Deliveries are expected to commence in February-March next year.

In the three months ending June 30, the tech and infra major had posted a net profit of ₹577.7 crore, the Indian arm of the German technology group Siemens AG said in an exchange filing.

The company follows the October to September fiscal year.

Vedanta Copper International, a wholly owned arm of Vedanta Ltd, signed a pact with the Ministry of Investment and Ministry of Industries & Mineral Resources of the Kingdom of Saudi Arabia to establish a 400-kiloton-per-annum (KTPA) greenfield copper smelter and refinery and a 300-kiloton-per-annum (KTPA) copper rod project.

As part of the partnership, Wipro FullStride Cloud will transition Marelli's Milan Data Centre and local server rooms to the cloud, thus centralising its operations to create a more agile and stable environment, according to a regulatory filing.

The terms and conditions of the agreement are that MasterCard will recommend the Zaggle SaaS platform, payment, and card products to corporate customers and other ecosystem entities on a referral basis. 

An arbitration tribunal—formed over the dispute over the termination of the contract for content-on-demand (COD) by the PSU—rejected the claim of Margo Networks.

"This is to inform you that the Arbitral Tribunal, vide its Arbitral Award, has rejected the said claims filed by the Company and Margo against Railtel," according to a regulatory filing from Zee Entertainment.

"The proposed combination is like an acquisition of the Target Business (unsecured personal loans portfolio) by Kotak Mahindra Bank Ltd (acquirer) from the Standard Chartered Bank, India Branch (Transferor)," CCI said in a release.

The company added, "Kamaljit Singh Bedi, CEO of Institutional Business and New Business Ventures (a senior management personnel), who currently has the responsibility for all operations on Institutional Business and New Business Ventures, shall be taking over from Mr. Sreejit Madhavan Nair in his new role as CEO of Costa Coffee and Airport Business."

The two parties have launched MAHAGENCO NTPC GREEN ENERGY PRIVATE LIMITED (MNGEPL), which will develop, operate, and maintain renewable energy parks in Maharashtra.