In Focus: Jhunjhunwala Portfolio Stocks, HDFC Twins, Adani Enterprises & More

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In Focus: Jhunjhunwala Portfolio Stocks, HDFC Twins, Adani Enterprises & More
Credit: © Reuters.

By Malvika Gurung

Investing.com -- HDFC (NS: HDFC ) Twins: The merger proposal of HDFC Bank (NS: HDBK ) and HDFC has been approved by the competition regulator Competition Commission of India.

Rakesh Jhunjhunwala Holdings: Ace investor Rakesh Jhunjhunwala’s portfolio stocks worth nearly $4 billion will be under focus on Tuesday, after the star investor’s demise on Sunday.

Bharti Airtel (NS: BRTI ): The telecom major’s shareholders have approved reappointing Gopal Vittal as the company’s MD for 5 years, starting Feb 1, 2023.

Adani Enterprises (NS: ADEL ), ACC (NS: ACC ), Ambuja Cements (NS: ABUJ ): Fair trade regulator CCI has approved the acquisition of Swiss cement giant Holcim 's (SIX: HOLN ) stake in Ambuja Cements and ACC by the Adani (NS: APSE ) Group.

Bank of Baroda (NS: BOB ): The public sector lender is considering raising debt capital within Rs 2,500 crore via issuance of Basel III compliant bonds, while its board will meet on Aug 22.

Max Healthcare (NS: MAXE ): US private equity major KKR will offload up to 26.83% stake held in the healthcare chain for raising Rs 9,416 crore through block deals on Tuesday.

Shriram City Union Finance (NS: SHCU ): Dynasty Acquisition has sold 22.37 lakh equity shares of the leading NBFC for Rs 447.4 crore through open market transactions, as per NSE and BSE data.

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