Top 10 Stocks in Focus Today
Tata and Bharti to Combine Consumer Telecom Business. Bharti Airtel will assume Rs 2,000 Cr of the Rs 10,000 Cr that the Tata group companies owe DoT.
IT stocks in focus today as Nasscom has shifted the revenue projection for India’s Business Process Management sector to $50-$55 bn by 2025 from the present target of $50 bn by 2020.
Sun Pharma said it will increase stake in its subsidiary Ranbaxy Malaysia to 79.5% through purchase of shares.
Monsanto’s Indian JV has settled royalty dispute with three Indian cotton seed companies that have cleared payment dues of about Rs 300 crore and the arbitration process is on with five other firms.
NBCC (India) may acquire three other government-owned entities to create a mega construction company, in line with the push for consolidation among public sector firms.
M&M, Shapoorji Pallonji Group and Liberty House of the UK are competing to acquire debt-laden ABG Shipyard, as a consortium of lenders led by ICICI Bank increased efforts to sell the company to recover money.
TCS reported its Q2 FY18 numbers on Thursday. Net Profit (adjusted) stood at Rs 6,460 Cr up by 9% on QoQ basis.
Piramal Ent approves raising Rs 2,000 Cr through a rights issue.
Shriram EPC wins Rs 349 crore of multiple orders.
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