Vodafone idea: The telecommunications company is going to make an important strategic announcement today at 11:45 am on the lines of the relaunch of the brand. (Image: Reuters)
HDFC Bank: Jefferies remains concerned that the lender will receive a class action lawsuit from US law firms over the vehicle finance business. Clarity in the case will be key to reducing investor concerns and re-rating, the brokerage said. (Image: Reuters)
Maruti Suzuki: A performance-linked incentive (PLI) scheme for export promotion is needed to generate demand, said Kenichi Ayukawa, CEO and CEO of Maruti Suzuki India and president of SIAM. “We are eagerly awaiting the GST reduction,” added Madoka. (Image: Reuters)
NALCO: The company reported an 82.9 percent drop in consolidated earnings to Rs 16.69 crore for the quarter ended June 30. Consolidated revenue decreased to Rs 1,414 crore from Rs 2,145 crore in the prior year period. (file image)
Buyers Stop: CARE downgraded the company’s long-term rating to A + v / s AA-. The rating agency revised the long-term rating outlook to negative. (file image)
Dilip Buildcon: The company has been declared as L-1 bidder for the tender launched by the National Highway Authority of India in the hybrid annuity mode in the state of Bihar. (file image)
REC: The state company said it is seeking shareholder approval to increase its overall lending limit to Rs 4.5 lakh crore from the existing Rs 3.5 lakh crore, the AGM notice said. (Image: Reuters)
IDFC First Bank: Rajiv Lall resigned as non-executive chairman. (Image: Reuters)