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NHPC gets Govt nod to acquire JPCL

NHPC gets Govt nod to acquire JPCL
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Stocks to watch: Infosys, Wipro, SAIL, HAL, IndusInd Bank, NHPC, 5Paisa

Q3 earnings: Den Networks, HFCL, Reliance Industrial Infrastructure, Tata Steel Long Products, Websol Energy System and Digicontent will announce their quarterly numbers today. IndusInd Bank: Sebi has provided an additional two weeks to promoters of IndusInd Bank for infusion of residual capital in lieu of conversion of warrants issued to them last year worth over Rs 2,695 crore, a filing said. SAIL: The government will sell up to 10 per cent stake in SAIL via offer for sale on January 14-15 and the offer price has been fixed at Rs 64 per share. NHPC: The company has inked a definitive agreement for takeover of Rangit-IV hydro power project in Sikkim. The agreement is for implementation of the approved resolution plan for takeover of 120 MW Rangit-IV hydro power project of Jalpower Corporation (JPCL) in Sikkim.

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