Top stocks in focus today: Punjab National Bank, Indoco Remedies, Zee Learn, Idea
These companies will be in focus during trade today based on recent and latest news developments.
The RBI has directed Punjab National Bank to pay the entire Rs11,300cr owed to counterparty banks in the alleged fraud involving jeweller Nirav Modi, as per media reports.
Zee Learn said that it is acquiring a controlling stake in MT Educare Ltd for Rs200cr.
HDFC allots 2.49cr shares to investors at Rs1,726.05/share on a preferential basis.
IDBI Bank sells entire 30% stake in NSDL e-Governance infrastructure.
Indoco Remedies gets European GMP certification for a manufacturing facility in Goa.
Prakash Industries to raise Rs208cr from promoters by issuing 1cr convertible warrants.
India Grid Trust acquired three power transmission assets for Rs1,410cr.
Som Distilleries & Breweries announced that the company will start its Maharashtra operations from 16 February 2018. The initial launch would start from Nagpur.
8K Miles launched proprietary Blockchain platform 8K Health Edge.
Mahindra and Mahindra to invest Rs176cr in Zoomcar India for approx.
Idea Cellular would raise Rs3,500cr by issuing equity shares through QIP. The board meeting will be held on Feb 21, 2018, to approve QIP issue price.
UCAS appointed Infosys as its core technology partner up to 2021.
Akzo Nobel opens Rs65cr powder coatings facility in Thane.
The Board of Salasar Techno Engineering approved a scheme of merger and arrangement between the company and Salasar Stainless, a wholly owned subsidiary of the company primarily engaged in manufacturing of stainless steel pipes and tubes and other related activities.