Opening bell: ONGC, ITC, Dr Reddy’s, Bharat Electronics in news - News Summed Up

Opening bell: ONGC, ITC, Dr Reddy’s, Bharat Electronics in news


Tata Motors, Volkswagen in talks for collaborationTata Motors Ltd and Volkswagen Group are in talks for a partnership, reports The Economic Times. ITC to hike cigarette prices by up to 13%ITC Ltd is set to increase prices of its leading cigarette brands by 11-13%, reports Mint. IDBI Bank board okays non-core assets’ saleIDBI Bank Ltd’s board has approved a plan to sell some of its non-core assets. Bharat Electronics stake sale to begin todayThe government will begin 5% stake sale in Bharat Electronics Ltd to raise about Rs1,600 crore. The sale will be at a minimum price of Rs1,498 apiece, a 4% discount to Tuesday’s closing price.


Source: Mint February 22, 2017 02:26 UTC



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