Top stocks to watch on February 23

Feb 23, 2021

By: Navdeep Yadav

​RIL hives off its oil-to-chemical (O2C) business into a wholly-owned subsidiary

The company expects to get the necessary approvals by the second quarter of the next fiscal year.

Credit: BCCL

​Airtel will meet global fixed income investors today to decide on foreign currency bonds issuance

The telco's board had earlier this month approved fundraising of up to ₹7,500 crore through debt instruments.

Credit: BCCL

​GR Arun Kumar resigns as director and CFO of Vedanta

The company will announce the effective date of relieving of Kumar and details of the successor in due course.

Credit: BCCL

​Bharat Forge to make armoured vehicles for Indian armed forces

The companies will build Kalyani M4 — a multi-role platform designed to meet armed forces' specific requirements.

Credit: BCCL

​Indiabulls Housing Finance plans to raise up to $200 million via convertible bonds

The company has set the floor price at ₹227.09 per bond for the convertible bond issue.

Credit: BCCL

​SC bars NCLT from giving approval to Future Retail-Reliance Retail deal

It said the proceedings before the NCLT will go on but will not culminate into any final order on an amalgamation.

Credit: BCCL

​CCI approves stake purchase by Panatone Finvest in Tata Communications

After the deal, Panatone Finvest shareholding will increase 48.87 percent to 74.99 percent.

Credit: BCCL

​IndiaMART InterMESH announced the closure of its QIP issue

The company has raised ₹ 1,070 crore through the issue.

Credit: BCCL

​Zomato Pvt. Ltd has closed a fundraise of $250 million from five different investors

Info Edge holds a 19 percent stake in the online food delivery firm Zomato.

Credit: BCCL

Debris of China's disintegrating rocket falls into Indian Ocean