Vedanta has uplifted its stake to 55.11% by purchasing shares worth Rs 2,959 crore from the open market. After the fresh bids were invited under the insolvency process, Piramal Enterprises and Adani Group are coming forward to emerge as the highest bidders for DHFL. Reliance Industries Limited will buy IMG Worldwide LLC for Rs 52.08 crore. Dish TV has to pay Rs 4,164.05 crore on the government’s demand. Coal India’s board has approved for aluminum and solar sectors venture and the creation of special purpose vehicles (SPVs).
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Vedanta, DHFL, RIL, Coal India and more : Stocks to watch
By The Thrive
December 28
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