Jet Airways: The crisis-hit airline said late on Friday that its shareholders approved a plan to convert existing debt to equity, paving the way for its lenders to infuse funds and nominate directors to its board.
Wipro: The company on Sunday said it has received approval from majority of its shareholders for the issue of bonus shares and increase in authorised share capital.
Auto stocks: Shares of auto companies may hog the limelight as the companies will start releasing their sales figures for February from March 1.
Motilal, IIFL: Shares of Motilal Oswal Financial Services and IIFL may hog the limelight today after the Sebi on Friday declared that the commodity broking arms of both the companies are not ‘fit and proper’to undertake commodities derivative trading, as part of an ongoing investigation into the NSEL case.
According to news
reports, Private equity firm KKR has offered Rs 3,100 crore to purchase Café Coffee Day (CCD) founder VG Siddhartha's stake in Mindtree.