Top Stocks in Focus for Today; SBI, Infosys, Tata Steel & More

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Top Stocks in Focus for Today; SBI, Infosys, Tata Steel & More
Credit: © Reuters.

By Malvika Gurung -- Companies including SBI (NS: SBI ), Eicher Motors (NS: EICH ), Bata India (NS: BATA ), Pfizer (NYSE: PFE ), DCM Shriram (NS: DCMS ) Industries, and Aditya Birla Fashion and Retail, among others, will release their earnings results for the September quarter on Wednesday.

HDFC (NS: HDFC ) Life Insurance Company Ltd (NS: HDFL ): The Competition Commission of India (CCI) has approved the acquisition of 100% shareholding in Exide Life Insurance Company Limited by HDFC Life Insurance Company, followed by a proposal to merge Exide Life, a wholly-owned subsidiary of HDFC Life with the latter.

Infosys (NS: INFY ): Infosys Finacle, a wholly-owned subsidiary of Infosys and IBM (NYSE: IBM ) have collaborated to create a platform that will help banks scale business transformation and accelerate cloud activities smoothly.

Wipro (NS: WIPR ): Wipro Ltd has partnered with TEOCO to develop solutions that help communication service providers (CSPs) with next-generation network solutions.

Coal India Ltd (NS: COAL ): Shri Makwana Poonambhai Kalabhai has been appointed as a non-official part-time Director on the Board of Directors of Coal India Limited (NS: COAL ) for a period of three years, w.e.f. November 2.

Vedanta Ltd (NS: VDAN ): Sesa Mining Corporation, a wholly-owned subsidiary of Vedanta has approved the acquisition of Desai Cement Company.

Poonawalla Fincorp Ltd (NS: POON ): The Board of the company has approved divestment of the company’s direct and indirect shareholding in Magma HDI General Insurance, in compliance with the requirements of RBI and IRDAI.

Tata Steel (NS: TISC ): The National Company Law Tribunal, Mumbai Bench has approved the amalgamation of Bamnipal Steel Ltd and Tata Steel BSL Ltd with as well as into Tata Steel.

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