Stock Market 18-March-2020

Stock Market 18-March-2020



Corporate News-



After relaxation to Uday Kotak, Hindujas seek RBI nod to raise stake in IndusInd Bank to 26% .   

Supreme Court to hear AGR case, government plea on AGR relief on March 18.               

Panasonic India to open 130 brand stores in tier 1 &2 cities by 2021-22.                         

FADA approaches SC seeking an extension of sale, registration of BS-IV vehicles till May end.       

ArcelorMittal, Nippon Steel sign $5.15 billion loan pact to refinance Essar Steel buy.



 Management Speaks-



Rumors around financial health and stability unfounded says RBL Bank's MD & CEO, Vishwavir Ahuja.

Have suspended operations in Italian business for two weeks, says Umesh Chowdhary, VC, and MD, Titagarh Wagons.

Challenging time for the world; aim to cut costs up to 20%, says Vedanta's Chairman, Anil Agarwal.