Motherson Sumi Systems approves group reorganisation plan
The Board also approved the merger of SAMIL, the principal holding company of Motherson Group. – Stocks-Markets-Economic Times
Month: July 2020
KKR to buy JB Chemicals & Pharma in $500 million deal
Post transaction, an open offer will be launched to acquire about 26% stake. – Stocks-Markets-Economic Times
There may be inorganic opportunities for HDFC group cos: Deepak Parekh
Parekh said some of the company’s units will need additional capital for their expansion plans. – Stocks-Markets-Economic Times
Edelweiss sells sticky wholesale loans of Rs 4,000 crore
Farallon is a San Francisco-based investment firm with $29 billion in assets under management. – Stocks-Markets-Economic Times
JSW Group to boycott $ 400 million worth of imports from China: Parth Jindal
The $ 14-billion JSW Group has presence in core sectors of steel, energy, cement and infrastructure. – The Hindu – Industry
Coal workers launch 3-day strike against move to allow commercial mining
100% in first and second shifts, say unions. No impact on operations, say companies – The Hindu – Industry
Ahead of Market: 12 things that will decide stock action on Friday
A look at what some of the key indicators are suggesting for Friday’s market action. – Stocks-Markets-Economic Times
NSE-BSE bulk deals: Kotak Mahindra International trims stake in KRBL
Here’s who bought and sold what in some of the key bulk deals of the day. – Stocks-Markets-Economic Times
Affle to acquire 8% stake in Indus OS for Rs 21 crore
According to a regulatory filing, Affle will pay USD 2.86 million or about Rs 21 crore to Indus OS for the stake. – Stocks-Markets-Economic Times
HDFC Life To Replace Vedanta In Nifty 50 Index. Here’s The Full List
The changes will be applicable from 31 July, 2020, NSE said in a release – NDTV Profit – Latest