Indian shares are expected to extend losses on Friday following heavy sell-offs in Asian and US stocks, triggered by concerns of the coronavirus turning into a pandemic. IndusInd Bank, which appointed a new CEO, and HPCL, which bought an additional stake in Petronet MHB, are among the stocks in news.
Here is a list of top stocks that will be in focus today:
IndusInd Bank appoints consumer banking head Sumant Kathpalia as the new managing director and CEO, effective March 2020.
Infosys allots 2.23 lakh equity shares under its 2015 Stock Incentive Compensation Plan to the CEO, COO and other eligible employees.
ONGC and its subsidiary HPCL acquire lenders in Petronet MHB for about Rs 371 crore.
Morgan Stanley France SAS offloads Titan shares worth over Rs 125 crore through an open market transaction.
Vodafone Idea says it could pay full AGR dues unless the government provides urgent relief.
HFCL signs an agreement to acquire up to 47.87 percent stake in Chennai-based BigCat Wireless in a Rs 22.5 crore deal.
Jet Airways' CoC decides to issue fresh Expression of Interest (EoI) for the carrier and extends the last date of submission of resolution plans to March 9.
Pidilite Industries acquires 70 percent of the share capital of Tenax India Stone Products for cash consideration of Rs 80 crore.
The Offer for Sale (OFS) of railway engineering consultancy firm RITES has been over-subscribed at 132 percent on Thursday for the non-retail quota.
GTPL Hathway fixes the floor price for the offer for sale of shares by promoters at Rs 63 per share.
Motherson Sumi says S&P re-affirms long term credit at BB+ and revises outlook to Negative for Samvardhana Motherson Automotive Systems Group BV.