Stocks in news: Infosys, ZEE, Tata Motors, Vedanta, Kotak Mahindra Bank

Markets extended their positive streak on Wednesday, gaining nearly half a percent. In today's trade, shares of Infosys, ZEE, Tata Motors, Vedanta, Kotak Mahindra Bank among others will be in focus due to various news developments.

Infosys
Shares of Infosys will be in focus as the company’s board will meet today to consider and approve a share buyback proposal.

ZEE
IDBI Bank has filed a fresh plea in the National Company Law Tribunal (NCLT) seeking insolvency against media and entertainment firm ZEE.


Tata Motors
Jaguar Land Rover (JLR), a Tata Motor-led auto giant, confirmed a cyber incident that has disrupted its global systems and may have compromised data.

Vedanta
Mining giant Vedanta’s plan to acquire distressed infrastructure and cement player Jaiprakash Associates Ltd (JAL) for Rs 17,000 crore has drawn caution from credit analysts, who see limited strategic rationale in the deal

Eicher Motors
Eicher Motors announced full GST benefit to the customers. VECV customers can now enjoy reduced prices up to Rs 6 lakh

RVNL
Rail Vikas Nigam emerged as the lowest bidder for a project worth Rs 169 crore from West Central Railway.

Tega Industries
Tega Industries intents acquire Molycop in consortium with Apollo Funds at an enterprise value of $1.5 billion, according to a report.

Sasken Technologies
Girish BVS resigned as the chief technology officer with effect from September 12.

Reliance Industries
Reliance Industries incorporated Reliance Intelligence as a wholly owned subsidiary

Kotak Mahindra Bank
Blackrock, Citigroup, Goldman Sachs were among marquee investors who invested in Kotak Mahindra Bank after Sumitumo sold stake in the company through a block deal.