Top Stocks in focus today: Tata Motors, Tata Steel, ONGC, Jet Airways, Bharti Airtel, Amara Raja Batteries

Tata Motors’ JLR October sales down 4.6% to 44,282 units on a yoy basis.

Shareholders of Usha Martin have approved the sale of the company's steel business to Tata Steel , as per media reports.

 

The government is mulling selling as many as 149 small and marginal oil and gas fields of ONGC to private and foreign companies and allow the state-owned firm to focus only on big fields, as per media reports.

 

Jet Airways board likely to consider multiple fundraising options today, as per media reports.

 

Amara Raja Batteries’ board approves capex of Rs540cr towards deployment of advanced stamped grid technology, second punching line for two-wheeler battery plant in a phased manner and debottlenecking in MVRLA plant.

Bharti Airtel commenced tender offer to purchase $1.5bn worth notes due in 2023.

 

Reliance Communications settles case of alleged failure to inform interest payment default on debentures.

 

NHPC board will consider share buyback proposal next week.

Reliance Insurance plans to file fresh IPO papers.

 

Market regulator SEBI shortlisted seven firms, including Wipro Ltd. and Larsen and Toubro Infotech Ltd., to build a private data storage cloud, automate its inspection of brokers and enhance analytics capabilities, as the regulator is eyeing a technological leap in surveillance and investigation functions.

 

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