Foreign currency dealers at a bank in Seoul,South Korea (Photographer: SeongJoon Cho/Bloomberg)
The Nifty Futures on the Singapore Exchange, an early indicator of Nifty's performance in India, gained 0.5 percent to 8,015.
Your Friday morning briefing
Read| https://t.co/aL6BRLdGNu pic.twitter.com/Z69s6fVg4VHere are the stocks to watch out for in today's session:
- Wipro: Completed the acquisition of Appirio on November 23. Impact of the acquisition will reflect in the company's Q3 performance of the current financial year.
- Pennar Industries: Invests a further Rs 49.5 crore to acquire 49.8 lakh equity shares in Pennar Renewables.
- Yes Bank: Partners with Gujarat State Road Transport Corporation to digitize bus travel payments. Will install 125 Point of Sales terminals to facilitate bookings and payments at GSRTC bus depots.
- Ultratech Cement: Proposed to issue unsecured redeemable non-convertible debentures worth Rs 250 crore for a tenure of five years at 6.93 percent per annum.
- Cyber Media: Gets a 30-day extention to dispose shares of TDA group.
- Union Bank Of India: Issues 7,500 Basel III compliant Tier-II bonds worth Rs 750 crore at 7.74 percent per annum.
- Advanced Enzyme Technologies: Awarded the best Nutraceutical company of the year.
- Jagran Prakashan: Subsidiary Music Broadcast Ltd., will issue an IPO via a fresh issue of Rs 400 crore and an offer for sale by existing shareholders.
- Sagar Cements: Shareholders approve fund raising of upto Rs 250 crore.
- Ashok Leyland: Promoter Hinduja Automotive Ltd., pledged an additional 5 million shares with Citibank as collateral for loans taken by company.
- Crompton Greaves: Promoter Avantha Holdings pledged an additional 8 lakh shares with Aditya Birla Finance and STCI Finance for borrowings.
- Talwalkar Better Value Fitness: Company to demerge its gym business into a new company named Talwalkar Lifestyles Ltd. Shareholders of Talwalkar Better Value Fitness (TBVF) will get one share of Talwalkar Lifestyles for existing one share of TBVF.
Media Reports
- TCS: Plans to straighten bell curve with new appraisal system. (Economic Times)
- Videocon: May exit insurance JV with US' Liberty Mutual. (Economic Times)
- Sun Pharma: U.S. FDA finds lapses at Mohali facility. (Economic Times)
- Aurobindo Pharma: Scouts for acquisition in Europe. (Economic Times)
- Indian Oil: Shareholders approve free share issue. (Bloomberg)
- JSW Group: Plans to make electric cars. (Business Standard)
- Hero MotoCorp: Launches four e-cycles under ‘Lectro' brand. (PTI)
- BNP Paribas: Completes acquisition of Sharekhan. (PTI)
Earnings Reactions To Watch
- Suven Life Sciences
- Jindal Poly Films
- Opto Circuits
- Karuturi Global
- Escorts Finance
Earnings To Watch Today
- Spicejet
- Balaji Telefilms
- Bata India
- BEML
- UFLEX
- Indo Count Industries
- Navkar Corporation
- Shilpa Medicare
- Godawari Power And Ispat
- Hathway Cable & Datacom
- Tide Water Oil Company (India)
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