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Home >Markets >Stock Markets >Stocks to Watch: Vedanta, JSPL, IDBI Bank, Infibeam Avenues, Mahindra & Mahindra
Photo: Ramesh Pathania/Mint
Photo: Ramesh Pathania/Mint

Stocks to Watch: Vedanta, JSPL, IDBI Bank, Infibeam Avenues, Mahindra & Mahindra

  • Mining major Vedanta Limited emerged as the highest bidder for the Radhikapur West coal block, located in Angul district, Odisha at a distance of about 190 km from the Company’s Jharsuguda Aluminium Smelter.

NEW DELHI : Here’s a list of top ten stocks that may be in news on Friday:

Vedanta: Mining major Vedanta Limited emerged as the highest bidder for the Radhikapur West coal block, located in Angul district, Odisha at a distance of about 190 km from the Company’s Jharsuguda Aluminium Smelter.

JSPL: Jindal Power has been declared as the successful bidder for a block of Gare Palma coal mine in Chhattisgarh.

IDBI Bank: LIC-controlled IDBI Bank has sold 23% stake in life insurance venture to foreign partner Ageas for 507 crore. With this transaction, the stake of the Belgian partner in IDBI Federal Life Insurance Co Ltd (IFLI) has risen to 49%, the upper foreign direct investment limit prescribed by the law.

Infibeam Avenues: The company has divested its 100% ownership with control in its Wholly Owned subsidiary Cardpay Technologies Private Limited to its subsidiary Instant Global Paytech Private.

Mahindra & Mahindra: The company has called of its automotive joint venture with Ford Motor Company, it said in a regulatory filing.

DHFL: 63 Moons Technologies, formerly Financial Technologies, on Thursday said it has moved the National Company Law Tribunal (NCLT) seeking to ensure that recovery from DHFL benefit all creditors, including NCD-holders. The company holds over 200 crore of NCD (non-convertible debentures) of the crippled mortgage player.

Jubilant Foodworks: Jubilant Foodworks Ltd (JFL), which operates fastfood chains Domino's Pizza and Dunkin' Donuts in India, will invest 92 crore into Barbeque-Nation Hospitality Ltd (BNHL) for a 10.76% equity stake.

Future Enterprises: Kishore Biyani-led Future group firm Future Enterprises said its executive director and chief financial officer Dinesh Maheshwari has resigned from the company.

Canara Bank: State-owned Canara Bank has raised 1,635 crore through bonds, to fund business growth. The capital was raised by issuing additional tier-1 bonds at 8.50 per cent coupon on December 31, the bank said in a statement.

Antony Waste Handling Cell: The stock will make market debut today. Its IPO was subscribed 15 times in total.

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