The Indian markets are likely to open lower following losses in global equities after the shares in Wall Street plunged to their biggest day drop in more than three decades overnight. At 7:50 am, the SGX Nifty was trading 31 points or 0.34 percent lower at 9,064.75, indicating a negative start for the Sensex and Nifty50.
HDFC Bank: The private lender has sold 34,150 equity shares held by it in Softcell Technologies Global at Rs 431.20 per equity share.
Yes Bank: Moody's has upgraded the bank’s long-term foreign currency issuer and foreign currency senior unsecured MTN program ratings to Caa1 from Caa3 and (P)Caa1 from (P)Caa3, respectively.
Indian Oil Corporation: The company has raised Rs 2,995 crore through a privately placed debenture issue to fund its capital expenditure requirements.
Maruti Suzuki India: The largest passenger car maker has introduced the BS6 S-CNG variant of the multi-purpose van, Eeco.
India Cements: Radhkrishan Damani and his family has bought 4.01 percent shares of the company from open market.
CSB Bank: The board approved proposal to merge 19 branches of the bank with the nearest branches.
Future Consumer: The company announced that the payment of principal amount has been made on secured redeemable Non- Convertible Debentures having a face value of Rs 1,00,000.
Jubilant Foodworks: Domino’s Pizza has introduced “Zero Contact Delivery” in India across all its 1,325 restaurants in the country.
Titagarh Wagons: The company has temporarily suspended operations of Italy unit Titagarh Firema SpA due to coronavirus.Delta Corp:
The casinos operated by the company and its subsidiaries in Goa will remain closed until March 31, as directed by the state government to prevent and contain the coronavirus.