Indian shares are likely to open on a cautious note on Monday following mixed trades in global markets and concerns about the economic slowdown. However, positive development in the US-China trade deal may support equities. Among the stocks in the news today, PNB reported divergence in gross NPAs at Rs 2,617 crore in FY19 and the USFDA issued Form 483 with 8 observations to Sun Pharma's Halol facility.
Here are all stocks in focus today:
Reliance Industries says subsidiary Reliance Strategic Business Ventures acquired over 51 percent stake in Asteria Aerospace for Rs 23.12 crore.
UPL receives the environment clearance from the government for its Rs 353.43 crore pesticide unit expansion project in Gujarat.
An RBI report reveals that Punjab National Bank under-reported bad loans by Rs 2,617 crore in FY19.
Reliance Capital appoints Angarai Natarajan Sethuraman as additional director till the conclusion of its ensuing Annual General Meeting.
Adani Transmission receives a letter of intent for a power transmission project in Maharashtra.
Singapore's state investment arm Temasek completes the acquisition of 4.8 percent stake in AU Small Finance Bank.
The USFDA issues Form 483 with 8 observations to Sun Pharma’s Halol facility.
Brickwork Ratings India reaffirms ratings of Future Retail’s commercial papers and revises outlook from "stable" to "negative".
Hester Biosciences board will consider and approve the proposal of raising of funds.
Aster DM Healthcare decides to close the operations of its loss-making clinics in Philippines by December 31.
(Disclosure: Reliance Industries, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com)(Edited by : Nirav Vyas)
First Published: Dec 16, 2019 8:34 AM IST