Stocks to watch: RIL, Infosys, PTC India
- Asian stocks climbed Monday, helped by a rally in Japan, with traders also weighing the resilience of the pandemic recovery to an energy crunch and the prospect of tighter monetary policy to fight inflation
RIL: Reliance New Energy Solar Ltd (RNESL), a unit of Reliance Industries Ltd (RIL), on 10 October said it will acquire 40% of Sterling and Wilson Solar Ltd (SWSL) in a deal underscoring the company's clean-energy ambitions. RNESL will buy a stake in Sterling and Wilson Solar, a leading solar engineering, procurement and constructions solutions provider, through a combination of primary investment, secondary purchase and open offer.
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