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Stocks in News Today

July 19, 2022

Indian Oil : Indian Oil has signed a pact with NTPC to form a joint venture. This collaboration will fill the requirement of the electricity that is needed in the upcoming projects of Indian Oil.

IndusInd Bank : IndusInd Bank board has approved to raise Rs 20,000 crores in debt for business growth purpose.

Mahindra & Mahindra : Mahindra & Mahindra has acquired Finland based arm Sampo Rosenlew by increasing its stake to 100%.

Reliance Industries : Reliance Jio Infocomm has put in Rs 14,000 crore as earnest money deposit (EMD), more than half of the amount submitted by the bidders for the 5G spectrum

Coal India : Coal India has cancelled its tender for short term import of coal in which Adani Enterprises emerged as the lowest bidder.

Tube Investments : Tube Investments have acquired 65.2% stake in IPLTech Electric.

Yes Bank : Yes Bank will invest upto Rs 350 crores in J.C Flowers a reconstruction company for a 20% stake.