Top stocks in focus today: Tata Motors, Bank of Baroda, Mcleod Russel

Tata Motors-owned Jaguar Land Rover confirmed a cut in its output schedule at the Castle Bromwich plant in the West Midlands region of England.

Government proposed merger of Bank of Baroda, Dena Bank and Vijaya Bank subject to an approval from the boards of the individual banks.

 

RBI rejected Bank of Maharashtra’s plea to set-off accumulated losses worth Rs2,543.7cr from its share premium account.

 

Mcleod Russel will dispose its Assam’s Bargang tea estate to Amgoorie India for Rs59.65cr and Harchurah estate to Goodricke group for Rs31.64cr.

 

Aurionpro Solutions to provide its cash management platform to Sudan based Bank of Khartoum’s UAE and Bahrain’s branches.

 

Sterlite Technologies aims 10% global fibre market share by June 2020.

 

Infosys doubles investment in US-based TidalScale to $3mn.

 

Avenue Supermarts has issued commercial paper worth Rs70cr.

 

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