Stocks in news: RIL, IndiGo, ICICI Bank, TVS Motor, Infosys

The markets declined on monthly expiry day. IndiGo's Gangwal family sold a stake. Reliance Industries will hold its AGM. ICICI Bank's compliance officer retired. TVS Motor faces EV volume issues due to magnet supply. Infosys partnered with Masterc...

Agencies

French multinational bank Societe Generale on Thursday bought over 31 lakh shares worth Rs 79 crore in RBL Bank via bulk deals.

Markets extended their decline on monthly expiry day, losing nearly a percent and continuing the corrective trend. In today's trade, shares of RIL, IndiGo, ICICI Bank, TVS Motor, Infosys among others will be in focus due to various news developments.

IndiGo
Gangwal and the Chinkerpoo Family Trust offloaded 7.56 million shares or 1.96% stake in IndiGo, raising about Rs 4390 crore ($501 million).

RIL
Shares of RIL will be in focus in Friday's trade as the company will conduct its annual general meeting (AGM) later in the day.


ICICI Bank
Subir Saha retireed from the post of Group Chief Compliance Officer with effect from August 28.

TVS Motor
The supply constraints of rare earth magnets have hit volumes of electric vehicles, with the issue being on a day-to-day management approach, and the company is not yet out of the woods, senior officials of TVS Motor Company said on Thursday.

Infosys
Infosys announced a partnership with Mastercard to offer financial institutions enhanced access to Mastercard Move, its portfolio of money movement capabilities.
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RBL Bank
French multinational bank Societe Generale on Thursday bought over 31 lakh shares worth Rs 79 crore in RBL Bank via bulk deals.

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