Stocks in news: Mobikwik, BPCL, RIL, Bharti Airtel, Coal India

Markets experienced a sharp decline, erasing over one and a half percent of recent gains. In today's trade, shares of Mobikwik, BPCL, RIL, Bharti Airtel, Coal India among others will be in focus due to various news developments.

Mobikwik
Shares of Mobikwik will be in focus as the company will announce its third quarter results today.

Adani Power
The Supreme Court agreed to examine Adani Power's appeal challenging the Punjab State Electricity Regulatory Commission’s refusal to grant approval to a 2006 power purchase agreement (PPA) signed between erstwhile Udupi Power Corp and a Punjab state discom.


RIL
Reliance Consumer Products (RCPL) announced its entry into the rehydration category with the launch of RasKik Gluco Energy.

Ashoka Buildcon
Ashoka Buildcon's wholly-owned subsidiary Ashoka Bowaichandi Guskara Road has executed a concession agreement with NHAI for the development of a four-lane economic corridor in West Bengal.

Bharti Airtel
Bharti Airtel to sell its entire 50% stake in Firefly Networks to iBus Network and Infrastructure through a Share Purchase Agreement signed on January 6.

Vodafone Idea
Vodafone Idea entered into a share purchase agreement with iBUS Network and Infrastructure.

Nesco
NSECO declared highest bidder for Wayside Amenities on Bengaluru-Chennai Expressway by NHAI, total development cost is estimated at Rs 75 crore for each of the 3 sites.

BPCL
State-owned refiner BPCL has given in-principle approval for an IPO of Maharashtra Natural Gas Ltd (MNGL), a joint venture with GAIL and Indraprastha Gas (IGL).

Coal India
Coal India signed a non-binding memorandum of undertaking (MoU) with IREL (India) to collaborate for mining, extraction and refining.

Power Grid
Power Grid declared successful bidder for 2 projects to establish interstate transmission system under build, own operate and transfer (BOOT) basis.