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Stocks in the news: Majesco, Infosys, Snowman Logistics, Vedanta, Engineers India, Reliance Capital, SBI Cards, IOB

Explore Now NEW DELHI: Nifty futures on the Singapore Exchange signaled a a flat start on Monday. These stocks may buzz the most during the day: Majesco: Atul Limited on Tuesday bought 2.14 lakh shares of Majesco at Rs 981.58 per share. Snowman Logistics: Adani Logistics sold 9.15 lakh shares of Snowman Logistics at Rs 51.04 per share. Infosys: The IT major said it has formed a long-term partnership with Daimler AG for a technology-driven IT infrastructure transformation. Top stocks in focus: Wipro, Bajaj Auto, M&M & more Here are the top stocks that are likely to be in focus in today s trading. Wipro, Bajaj Auto, M&M, BEL and Aster DM.

R-Cap gets 10 more bids for subsidiaries

Updated: Share Article AAA Reliance Capital Ltd. (R-Cap), part of the debt-ridden Anil Ambani-promoted Reliance Group, has received 10 more bids, including from SBI Life, for its subsidiaries, sources said. Earlier this month, the Committee of Debenture Holders had extended the last date for submission of expression of interest (EoI) to December 17, 2020. Following this, 10 new bids had come in for Reliance Capital s assets, taking the total number of bids to 70, the sources said. State Bank of India s subsidiary SBI Life has also shown interest in picking up Reliance Capital s stake in Reliance Nippon Life Insurance, they added. SUBSCRIBE TO OUR DAILY NEWSLETTER

Anil Ambani s Reliance Capital gets 10 more bids for subsidiaries

Reliance Capital (RCL), part of the debt-ridden Anil Ambani-promoted Reliance Group, has received 10 more bids, including from SBI Life, for its subsidiaries, sources said. Earlier this month, the Committee of Debenture Holders had extended the last date for submission of expression of interest (EoI) to December 17, 2020. Following this, 10 new bids have come in for Reliance Capital s assets, taking the total number of bids to 70, the sources said. State Bank of India s subsidiary SBI Life has also shown interest in picking up Reliance Capital’s stake in Reliance Nippon Life Insurance, they added. Reliance Nippon Life Insurance Company, a joint venture with Japan s largest life insurer-Nippon Life which holds 49 per cent shareholding, has a paid-up capital of Rs 1,196 crore as of September 30, 2020.

SBI Life bids for Reliance Cap assets

SBI Life bids for Reliance Cap assets Earlier this month, the Committee of Debenture Holders had extended the last date for submission of expression of interest to December 17 Reliance Capital Ltd (RCL), part of the debt-ridden Anil Ambani-promoted Reliance Group, has received 10 more bids, including from SBI Life, for its subsidiaries, sources said.  Earlier this month, the Committee of Debenture Holders had extended the last date for submission of expression of interest (EoI) to December 17. Following this, 10 new bids have come in for Reliance Capital’s assets, taking the total number of bids to 70, the sources said. State Bank of India’s subsidiary SBI Life has also shown interest in picking up Reliance Capital’s stake in Reliance Nippon Life Insurance, they added.

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