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TBO Tek shares jumped 11.61% to Rs 1,541.30 on NSE after announcing the acquisition of US-based Classic Vacations for up to $125 million. This strategic move will boost TBO Teks global footprint in the luxury travel market, combining advanced technology with Classic Vacations established luxury travel network and five decades of industry experience.
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Indus Towers shares fell 5% to a 52-week low after the board approved a strategic international expansion into Nigeria, Uganda, and Zambia. While the move aligns with the governments push for global growth, investors appeared cautious due to risks like regulatory hurdles, geopolitical instability, and cost pressures. The plan leverages Induss ties with Bharti Airtel in African markets.
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Several parents criticise logos and emblems on uniforms, preventing them from buying generic items.
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