Bharti Airtel: DoT is set to hold Airtel liable for some of the AGR dues that Videocon and Aircel owe the government, as the Sunil Mittal-led telco had bought some spectrum from two bankrupt carriers back in 2017.
IDBI Bank: LIC-backed IDBI Bank is in talks with US-based Avenue Capital to sell its entire 19.18 per cent stake in India’s oldest stressed asset aggregator Asset Reconstruction Co of India (Arcil).
Infosys: US-based Schall Law Firm has said it will file a class action lawsuit against Infosys Ltd to recover losses suffered by investors in the wake of allegations of “unethical practices” at the Indian IT major.
Yes Bank: Yes Bank is seeking exemption from Sebi to raise funds under the qualified institutional placement (QIP) programme as a backstop for its ongoing plan to sell stake via preferential allotment.
Maruti Suzuki: Maruti Suzuki is reconsidering the plan to ditch diesel vehicles from its portfolio, after its key rivals decided to continue in the segment, people in the know said.
Tata Consultancy Services: The Shapoorji Pallonji (SP) Group has sold nearly 19 lakh shares in Tata Consultancy Services (TCS) on Thursday to raise around Rs 380 crore, sources said.
Allahabad Bank: Allahabad Bank reported Rs 67 crore divergence in gross NPAs in 2019, reporting…