ITI (NSE:ITI, BOM:523610) has appointed C V Ramana Babu as the chief financial officer and key managerial personnel
of the company with effect from May 28, according to a Friday filing to the Indian stock exchanges.
Babu initially took charge as ITI's director of marketing on January 25, 2024, and took on the additional role of finance director on October 15, 2025.
The telecom equipment manufacturer's shares were up over 1% in recent trade.
New Zealand shares ended higher on Friday, while most Asian stocks rose after a report said that the US and Iran agreed on a 60-day truce, pending US President Donald Trump's sign-off.The S&P/NZX 50 Index rose 0.29% or 38.44 points, to close at 13,244.55.The US and Iran have reached a tentative agreement to extend their ceasefire by 60 days and continue talks on Tehran's nuclear program, according to a Thursday Bloomberg report, citing a person with knowledge of the matter.In domestic news, consumer confidence in New Zealand rose 6 points in May to 86.5, tracking a small uplift, although the index remained 21 points lower than its January peak, with Wellington remaining the most downcast region, ANZ Research said.Also, business confidence in New Zealand increased by 21 points in May, reaching +10, but still lower than pre-Middle East conflict levels, according to a report by ANZ.Further, the impact of the Middle East conflict will probably be supportive of New Zealand agricultural commodity prices in the short term, but prices could soften under a scenario of prolonged hostilities as product is diverted to markets that already have sufficient supply, Westpac said.Meanwhile, New Zealand housing loans increased in April, while personal, business, and agricultural lending declined from the previous month, according to the Reserve Bank of New Zealand.In corporate news, Spark New Zealand's (NZE:SPK, ASX:SPK) wholly owned subsidiary Spark Finance has completed a refinancing of its bank debt, establishing a new NZ$500 million committed facility to replace existing arrangements.Chorus (ASX:CNU, NZE:CNU) said its fiber-regulated asset base (RAB) rose to NZ$6 billion in the 2025 disclosure year, up from NZ$5.9 billion in 2024.
North Copper (SHE:000737), formerly Nafine Chemical Industry Group, said two of its subsidiaries plan to continue leasing property from Zhongtiaoshan Nonferrous Metals Group for 130.1 million yuan, according to a Shenzhen bourse filing on Friday.Shanxi Northern Copper and Shanxi Zhongtiaoshan Electromechanical Equipment will renew their leases for 10 land parcels and sign a new lease for one land plot.The annual rent will cost 17.6 million yuan.The copper company's shares rose 1% during the afternoon trade.
InnoCare Pharma (SHA:688428, HKG:9969) said China's drug regulator accepted the new drug application for orelabrutinib for treating primary immune thrombocytopenia (ITP), according to a Friday filing with the Shanghai bourse.Shares of the drugmaker rose 3% in recent trade on the Hong Kong bourse.