Stocks to watch: Wipro, Reliance Industries, Godrej Consumer
Shares of Wipro will be in focus amid reports that the company will exit its babycare and vanaspati business.
By ET Bureau |
MUMBAI: Shares of Wipro will be in focus amid reports that the company will exit its babycare and vanaspati business.
GlaxoSmithKline Consumer Healthcare will invest Rs 2.7 billion in 3 years in its Indian operations for capacity expansion and infrastructure development, Ian McPherson, president (international), said.
Naveen Jindal-led Jindal Power has achieved financial closure for its 2,400 MW power project at Raigarh, Chhattisgarh. The company is raising 100.57 billion rupees as long-term loan with a repayment period of 14 years for the project.
Energy giant Reliance Industries will be watched reports that the company is unable to hit peak gas production at its D6 block, off India's east coast, due to customers not buying allocated volumes and a lack of pipeline infrastructure.
Export-led software outsourcing firms such as Infosys Technologies, Tata Consultancy Services and Wipro will be in focus tracking the rupee, which is edging higher.
Godrej Consumer Products will be in the limelight after it agreed to acquire Indonesia's Megasari Makmur Group, a household care company.
SpiceJet will see some action after the carrier said it was not in discussion with Religare Voyages to sell a stake in the budget airline.
IndusInd Bank may witness some action after the company said it raised Rs 4.2 billion via Tier-II bonds.
GlaxoSmithKline Consumer Healthcare will invest Rs 2.7 billion in 3 years in its Indian operations for capacity expansion and infrastructure development, Ian McPherson, president (international), said.
Naveen Jindal-led Jindal Power has achieved financial closure for its 2,400 MW power project at Raigarh, Chhattisgarh. The company is raising 100.57 billion rupees as long-term loan with a repayment period of 14 years for the project.
Energy giant Reliance Industries will be watched reports that the company is unable to hit peak gas production at its D6 block, off India's east coast, due to customers not buying allocated volumes and a lack of pipeline infrastructure.
Export-led software outsourcing firms such as Infosys Technologies, Tata Consultancy Services and Wipro will be in focus tracking the rupee, which is edging higher.
Godrej Consumer Products will be in the limelight after it agreed to acquire Indonesia's Megasari Makmur Group, a household care company.
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SpiceJet will see some action after the carrier said it was not in discussion with Religare Voyages to sell a stake in the budget airline.
IndusInd Bank may witness some action after the company said it raised Rs 4.2 billion via Tier-II bonds.
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