Stocks in news: Infosys, Asian Paints, Maruti Suzuki, SBI, NBCC

Markets traded in a subdued manner on Thursday and ended marginally higher, taking a breather after the recent surge. In today's trade, shares of Infosys, Asian Paints, Maruti Suzuki, SBI, NBCC among others will be in focus due to various news developments.

Infosys
Leading IT services player Infosys Ltd on Thursday announced a buyback of Rs 18,000 crore through a tender route, its biggest ever since listing.

Asian Paints
An Indian court dismissed a plea by Asian Paints to quash an ongoing antitrust inquiry against the company, according to a Reuters report.


NBCC
NBCC signed an MoU with RIICO for infra projects worth Rs 3,700 near Jaipur International Airport

JBM Auto
Eco Life Mobility received $100 million capital investment from IFC to scale up deployment of e-buses.

SBI
The Finance Services Institutions Bureau has recommended Ravi Ranjan for the position of MD in SBI.

Marico
The company has entered into a definitive agreement to acquire the balance 46.02% of paid-up share capital of HW Wellness from its founders and other shareholders.

Maruti Suzuki
Maruti Suzuki expects domestic passenger vehicle sales to regain momentum after two years of sluggish growth, with the company forecasting a return to a 7% annual growth rate by the next fiscal.

M&M
Fuel blended with 20% ethanol is safe to use, an executive at SUV maker Mahindra & Mahindra said.