Top stocks in focus today: Tata Steel, UCO Bank, PNB, Gitanjali, Fortis
These companies will be in focus during trade today based on recent and latest news developments.
Tata Steel-Bhushan Steel: Tata Steel emerges highest bidder for Bhushan Steel, as per media reports.
UCO Bank has USD412mn exposure in PNB banking fraud case.
Allahabad Bank discloses Rs2,000cr exposure in PNB fraud case.
Fortis Healthcare, Religare Enterprises: Government has ordered a Serious Fraud Investigation Office probe, as per media reports.
Religare Enterprises to raise up to Rs1,200cr via combination of equity and debt.
Punjab National Bank looking to monetize real estate assets including office space in Delhi worth over Rs5,000cr.
Binani Industries – UltraTech and Dalmia Bharat in the last leg of race for Binani Cement
Infosys to divest entire stake in Onmobile Systems for $2.5mn.
Moser Baer examining restarting of operations at Noida plant.
Reliance unit to acquire 65% stake in Indian Film Combine for Rs1,105cr.
SBI to raise Rs8,800cr via preferential issue to government.
BPCL clarifies didn’t have any talks regarding Nagarjuna Oil refinery.
PG Electroplast commissions PU paint shop at its Greater Noida facility.
PowerGrid emerges as lowest bidder for Rs1,000cr transmission project.
ARSS Infra wins two work orders worth Rs121cr.
India withdraws Unitech management-takeover case from NCLT.
PVR says ‘amicably resolved’ dispute with Elan group over development of multiplexes in Gurugram.
US FDA completes inspection of Natco Pharma’s Mekaguda API unit with zero observation.
IndusInd Bank raises marginal cost-based lending rates by 15 basis points.