Stocks in news: RIL, Shriram Finance, GPT Healthcare, Coal India, Oil India

Benchmark indices tanked over 1% on Wednesday due to selling in index heavyweights and bank stocks amid weak global market trends. In today's trade, shares of RIL, Shriram Finance, GPT Healthcare, Coal India, Oil India among others will be in focus due to news related developments.

RIL
Reliance Industries has signed a binding agreement with Disney to form a joint venture that will combine businesses of Viacom 18 and Star India.

Shriram Finance
Shriram Finance Ltd will replace UPL Ltd in benchmark Nifty 50 index with effect from March 28, the National Stock Exchange said on Wednesday.

Read more: Here's the trade setup for today's session

GPT Healthcare
The shares of GPT Healthcare will debut on the exchanges on Thursday. The stock is expected to list at a marginal premium of 9-10%, if we go by the GMP.

Brightcom Group
Market regulator Sebi issued confirmatory orders against Brightcom Group, restraining promoter-cum-chairman and managing director Suresh Kumar Reddy from holding any directorial positions until further notice.

NTPC
NTPC ARM NTPC Green has signed a joint venture agreement with Maharashtra State Power Generation Co (MAHAGENCO) for development of renewable energy parks in Maharashtra.

Punjab & Sind Bank
Punjab & Sind Bank informed the exchanges that it will raise up to Rs 2,000 crore through rights issue, QIP or any other mode.

Jubilant Foodworks
Jubilant Foodworks' arm DP Eurasia NV's shares were delisted from the London Stock Exchange.

Coal India
Coal India has signed an agreement with BHEL to form a joint venture company to undertake coal to chemicals business by initially setting up a coal to 2000 TPD Ammonium Nitrate Plant using BHEL’s in-house developed PFBG (Pressurized Fluidized Bed Gasification) technology.

Oil India
The Board of Oil India will meet on March 8 to consider and approve interim dividend for the financial year 2023-24.



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