Top stocks in focus: Fortis Healthcare, IDBI Bank, Infosys, Max Financial, Dr. Reddy’s
These companies will be in focus during trade today based on recent and latest news developments.
Fortis Health gets a revised offer from Manipal Health Group after opposition from minority shareholders.
Tech Mahindra ties up Balbix for artificial intelligence-based cybersecurity platform.
Dr Reddy’s Labs gets EIR from USFDA for Cuernavaca plant in Mexico.
Mahanagar Gas promoter BG Asia Pacific Holdings Pte is looking to sell up to 12.5% stake in the company.
Max Financial leads race to buy IDBI Federal Life stake.
MRPL trims oil purchase deal with Saudi Aramco: Sources
JSW Steel, AION get creditors’ nod for Monnet Ispat takeover.
ONGC, Reliance Industries in talks with customers to sell east coast gas.
Infosys Ltd. partnered with communications services provider Calix to develop and deliver new software modules and services.
Lemon Tree Hotels signed contract to operate 120 room hotel in Vijayawada that is expected to be operational by March 2021.
AU Small Finance bank increased deposit rate on savings account for balances between Rs1lakh–10lakh by 50bps and Rs10lakh–10cr by 25bps.
IFCI revised benchmark rate to 9% from 8.8% effective from April 12.
Dolly Khanna bought 1.04% stake in Associated Alcohols as per March 2018 shareholding pattern.
Binani Industries received shareholders’ approval to sell assets.
IDBI Bank said Shree Renuka Sugar stake at 9.5% after conversion of debt to equity.
Canada Pension Fund invested additional Rs938cr in Phoenix Mills unit; raises stake to 49%.
HFCL won order worth Rs579cr from BSNL.
Star Cement says received Rs80.26cr towards subsidies from central government.
Oricon enterprises partnered with Indiabulls Real Estate subsidiary for joint development of Worli property.
Singapore Exchange to list Indian equity derivative products in June.