Stocks In News On 1st December, 2020

Stocks In News

Auto Stocks In Focus
Auto Cos will be announcing Nov sales data

Mahindra & Mahindra
Regulatory hurdles and valuation issues are hobbling a change of control in SsangYong Motors
Mahindra & Mahindra is battling against time to revive the ailing Korean venture

DRL & Glenmark
Inked a pact with Glenmark Pharmaceuticals to acquire its select anti-allergy brands in Russia, Ukraine, Kazakhstan and Uzbekistan
Acquired brands represent two types of products - mometasone mono product and a combination of mometasone with azelastine, and are indicated for the treatment of Seasonal and Perennial Allergic Rhinitis

DHFL
Can improve on its Rs 33,000 crore takeover offer for collapsed housing lender DHFL and has sought forfeiture of deposits of bidders seeking to vitiate auction by questioning maximum recovery of public money

Indiabulls Housing Finance
Sold further portion of its stake in OakNorth Bank Plc worth Rs 93 cr
Total funds raised so far since September now at Rs 2,670 crore, including QIP and stake sale

TVS Motor
To acquire 100% stake in advanced fleet management solutions provider Intellicar Telematics for a cash consideration of Rs 15 crore

Infibeam
Demerging its businesses to pursue independent growth strategies

DLF
Sold nearly 90 independent floors worth over Rs 300 crore in Gurugram and plans to launch more such projects as demand for premium residential properties has revived in the last few months

Indostar Capital
Alternative asset manager Brookfield and private equity player Everstone promoted non-banking finance company IndoStar Capital Finance is looking to fully exit from corporate lending business by March 2022
Source: PTI

Route Mobile
Eyeing two acquisitions in areas of conversational AI and virtual contact centre, and the process of "due diligence" is currently on

HCC
In a joint venture with Vensar Constructions Company (VCCL), has bagged two orders totaling Rs 236 crore from the Northeast Frontier Railway

Healthcare Global
Enters into a share purchase agreement with Dr. Kamini Rao and her family members to acquire 49%stake in BACC Health Care, making it the wholly-owned subsidiary of the company.

VA Tech Wabag: Incorporates new subsidiary 'Kopri Bio Engineering Pvt. Ltd.' to carry out the business of manufacturing, processing, owning, operating and maintaining seqage treatment plant among other businesses

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Видео Stocks In News On 1st December, 2020 канала Nirmal Bang