Stocks in the news
Axis Bank: The lender proposed to acquire 17 percent share of Max Life, resulting in total ownership of 18 percent post the transaction.
Jet Airways announced the 14th meeting of Committee of Creditors (CoC) is scheduled to be held on August 25.
Wipro announced a partnership with a standard initial margin model (SIMM) vendor, Quaternion Risk Management to offer SIMM-in-a-box to financial institutions covered under uncleared margin rules (UMR).
IRB Infrastructure Developers: Q1 loss at Rs 30.14 crore against a profit of Rs 206.62 crore YoY. Revenue from operations at Rs 1,022.3 crore against Rs 1,773.04 crore YoY.
NOCIL: Consolidated Q1 FY21 PAT at Rs 11.95 crore against Rs 32.88 crore YoY. Revenue from operations at Rs 106.51 crore against Rs 229.59 crore YoY.
JSW Energy: Executive Director and CFO Jyoti Kumar Agarwal has tendered his RESIGNATION #AXISBANK #JETAIRWAYS #WIPRO #IRB #JSWSTEEL #NOCIL