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Top stocks in focus today: Reliance Industries, Yes Bank, Fortis Healthcare

Check out the companies which will be in focus during trade today based on recent and latest news developments.
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Reliance Industries to buy 51.3% stake in Hathway Cable for Rs2,940cr and 66% stake in Den Networks for Rs2,290cr.

Yes Bank received order from RBI to appoint a successor to Rana Kapoor, MD and CEO of the bank by Feb. 1, 2019.

SEBI directs Malvinder, Shivinder Singh, Religare Finvest and seven others to repay Rs403cr to Fortis Healthcare in three months.

Arcelor Mittal to pay $1bn to creditors of Uttam Galva and KSS Petron to make its offer for Essar Steel eligible for consideration.

APL Apollo Tubes’ wholly-owned subsidiary to acquire promoter’s shares and warrants of Apollo Tricoat Tubes at Rs120 per share, discount of 11% to the current market price.

Zydus receives tentative approval from the USFDA for Colchicine Tablets.

IDBI Bank has withdrawn nomination of Sanjiv Kumar Sachdev from Videocon’s board of directors with effect from Sept. 17.

Infosys Board shortlisted Deputy CFO Jayesh Sanghrajka as top internal candidate for CFO post, as per news reports.

Tata Group is considering a stake in crisis-hit Jet Airways.

Central Bank of India has exposure in IL&FS and its subsidiaries/SPVs by way of credit and investments, which is less than 2% of IL&FS Group's aggregate external debt.

Responsive Industries’ non-executive chairman and director Atit Agarwal of the company has resigned from the office of chairmanship and directorship. Company approved to buyback 2,07,50,000 equity shares (being 7.77% of the total paid-up equity) at a price of Rs77 per share.

GNA Axles board approved availing of fresh term loan amounting to Rs60cr for purchase of machinery from Central Bank of India.

Results on Friday: ICICI Securities, SBI Life Insurance Company, UltraTech Cement, Bhansali Engineering Polymers.


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