Stocks in news: IndiGo, Bharti Airtel, Wipro, SpiceJet, UltraTech Cement, Coforge, Bharat Electronics
IndiGo, Bharti Airtel, Wipro, SpiceJet, UltraTech Cement, Coforge, Bharat Electronics among others will be in focus due to various news developments.
IndiGo
IndiGo said it is facing a fine of nearly Rs 14 lakh in relation to input tax credit and is evaluating necessary legal recourse.
Religare Enterprises
Burman family-controlled financial services firm Religare Enterprises approved the appointment of four directors — Abhay Kumar Agarwal, Arjun Lamba, Gurumurthy Ramanathan and Suresh Mahalingam.
Bharti Airtel
Bharti Airtel and Tata Group are in bilateral discussions to explore a potential transaction to achieve a combination of Tata's DTH business housed under Tata Play Limited, with Airtel in a structure acceptable to all parties.
Wipro
Wipro said it will be committing $200 million to its venture arm, Wipro Ventures, in its latest round of funding. This is the fourth round of funding raised by Wipro Ventures since its inception 10 years ago.
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