Stocks in the news: Vodafone Idea, Tata Steel, SpiceJet, CSB Bank and IRFC

Nifty futures on the Singapore Exchange traded just 10.5 points, or 0.07 per cent higher at 15,757.50, signaling that Dalal Street was headed for a muted start on Thursday. Here are a dozen stocks which may buzz the most in today's trade:

Tata Steel, Tata Steel BSL: The process to merge Tata Steel BSL with Tata Steel has been advanced, the steel major's Chairman N Chandrasekaran said on Wednesday. Tata Steel had won the bid to acquire debt-laden Bhushan Steel Ltd (BSL) in insolvency proceedings.

Vodafone Idea: The Debt-ridden telecom operator Vodafone Idea on Wednesday reported narrowing of its consolidated loss to Rs 7,022.8 crore for the quarter ended March 31, 2021. The company had posted a loss of Rs 11,643.5 crore in the same period a year ago.

JSW Steel: The country's leading steelmaker JSW Steel is planning to invest another Rs 25,115 crore by 2024-25 to ramp up its capacity to 37.5 million tonne per annum, its Chairman and Managing Director Sajjan Jindal said.

SpiceJet: The airline operator reported narrowing of net loss to Rs 235.3 crore for the quarter ended March 2021, and announced that it will raise up to Rs 2,500 crore to ensure long-term growth and sustainable operations. The budget carrier had posted a net loss of Rs 807 crore in the corresponding quarter of 2019-20.

Coffee Day Enterprises: The coffee producer reported a consolidated net loss of Rs 272.09 crore for the fourth quarter ended March 2021. The company had posted a net profit of Rs 554.80 crore in the January-March period a year ago.

CSB Bank: Private sector has cut its marginal cost of funds based lending rate (MCLR) by 0.10 per cent across tenors with effect from July 1. The benchmark one-year MCLR stands reduced to 9.40 per cent with effect from July 1, 2021.

Indian Hotels: In six months to one year, things will begin to settle down and travel will be back much stronger than ever before as history has proven on all occasions that it is a fundamental need of global citizens, Indian Hotels Company MD and CEO Puneet Chhatwal said

Adani Green Energy: Fair trade regulator CCI approved acquisition of entire shareholding in SB Energy by Adani Green Energy. In May, Adani Green Energy had said it has inked share purchase agreements with SoftBank Group and Bharti Group for acquisition of 100 per cent stake in SB Energy India for USD 3.5 billion.

IIFL Finance: Cdc Group Plc sold shares worth nearly Rs 337 crore in IIFL Finance Ltd, through an open market transaction. Cdc Group Plc, a public shareholder, held a 15.44 per cent stake in IIFL Finance at the end of the March 2021 quarter.

Omaxe: The realty firm has reported a consolidated net profit of Rs 1.11 crore for the quarter ended March due to lower income amid the COVID-19 pandemic. The Delhi-based firm had posted a net loss of Rs 126.26 crore in the year-ago period.

BGR Energy Systems: The heavy electrical equipment company reported widening of its consolidated net loss by multifold to Rs 122.32 crore for the March 2021 quarter. Its consolidated net loss had stood at Rs 4.71 crore in the quarter ended March 31, 2020.

IRFC: The Indian railway firm has reported a 126 per cent jump in net income to record Rs 1,482.55 crore in the March quarter, mainly due to higher interest income from record disbursals and cheaper funds. It had clocked a net income of Rs 654.63 crore a year ago.

Parsvnath Developers: The realty firm reported a consolidated net loss of Rs 109.56 crore for the quarter ended March 2021. Its net loss stood at Rs 62.66 crore in the year-ago period.

Ircon International: The state-owned engineering and construction firm reported a 47 per cent rise in its consolidated net profit to Rs 170.43 crore for the quarter ended March 31, 2021, on account of increased income. The company had clocked a consolidated net profit of Rs 115.40 crore in the corresponding period a year ago.

Sakthi Sugars: The Tamil Nadu-based reported a net profit of Rs 70.02 crore for the quarter ended March. It had posted a net loss of Rs 117.75 crore in the year-ago period.

Emami Realty: The real estate firm reported a consolidated net loss of Rs 12.50 crore for the quarter ended March on lower-income amid the COVID pandemic. It had posted a net loss of Rs 19.18 crore in the year-ago period.

Jet Airways: Jalan Kalrock Consortium, the winning bidder for the grounded Jet Airways, will make a total cash infusion of Rs 1,375 crore in the airline and lenders will take a steep haircut on their admitted claims of over Rs 7,800 crore under the approved resolution plan. The grounded carrier reported a loss of Rs 153.35 crore for the June quarter of the FY 2019-20.