Top stocks in focus today: Bharat Forge, HCL Tech, Varun Beverages
Shares of Bharat Forge will be in focus today after Class 8 truck sales in the US rose 77% on year to 37,200 units in December.
PSU Bank Index will be in focus today. Govt gets Lok Sabha approval for Rs 80,000 Cr for recapitalization bonds.
Airtel partners with Samsung to offer Galaxy J-series smartphones at affordable prices.
Jaguar Land Rover India 2017 volume growth at 49%.
Varun Beverages enters into a strategic partnership with PepsiCo India for Tropicana.
HCL Tech terminates pact with GAIC for India joint venture.
JSW Energy incorporates JSW Solar to pursue business opportunities in renewable energy space.
Take Solutions incorporated subsidiary Navitas Life Sciences in Columbia.
Indian Overseas Bank to utilise Rs7,650.1cr in share premium account to write off Rs6,978.94cr losses.
Government seeks bids from advisors for sale of Dredging Corp, HLL.
The government is considering to split GAIL (India) Ltd by spinning off the marketing operations into a separate company, according to media sources.
GTL Infra on track to add 5,000 tenancies in current fiscal; expect to add 5,000 tenancies in FY19.
Samvardhana Motherson International Ltd. acquires MS Global India.
UNO Metals bought 47.25 lakh shares or 0.8% stake at Rs 10.87 each of Subex.
International Finance Corp sold 75 lakh shares or 1.5 percent stake at Rs 125.52 each of Jain Irrigation.
Healthcare Global Enterprises announced execution of definitive agreements for the business combination of its Triesta Sciences business unit (“Triesta”) with Strand Life Sciences Pvt. Ltd. (Strand).
Infosys, a global leader in consulting, technology and next generation services, announced a new partnership with paperless validation company ValGenesis, that will bring even stronger compliance and quality management for its customers in the healthcare and life sciences sectors.
Idea plans to raise a total of Rs 6,750 crore ahead of its merger with Vodafone India to pare debt and free up cash for expansion.
Orbit Exports board will meet on Friday to decide on a buyback proposal.
Rashtriya Chemicals & Fertilizers has issued Commercial Paper for Rs200cr, in favour of State Bank of India.
GM Breweries Q3 FY18: PAT at Rs 22 Cr (+120%). Revenue at Rs 118 Cr (+20%).
Results Today: Simplex Projects, Uttam Galva Steels, Videocon Industries.