NEW DELHI: Nifty futures on the Singapore Exchange traded 3 points, or 0.03 per cent, higher at 11,941, indicating a flat start for Dalal Street. Here are a few stocks which may buzz the most in today’s trade:State-owned Bank of India and Indian Overseas Bank have reported divergences in their bad loans for the fiscal ended March 2019, resulting into widening of net losses for the year.Vodafone Idea’s estimated AGR-related dues of Rs 44,200 crore could rise sharply, entailing additional provisioning and stretching its balance sheet further, if the methodology adopted by the telecom department to compute such liabilities is different, said analysts.Drug firm Zydus Cadila said it has received a tentative approval from the US health regulator to market generic Apremilast tablets.If creditors are unable to sign on a resolution plan for DHFL by January 7, the regulator or the government can initiate bankruptcy and insolvency proceedings under Section 227 of the bankruptcy code, which got notified on Friday.Chairman Anil Ambani along with four directors have resigned from the company, which is going through insolvency process, according to a regulatory filing.Telecom operator Bharti Airtel has withdrawn its bid to purchase assets of Reliance Communications (RCom) after terming the move of committee of creditors to extend the bid submission deadline on the request of Reliance Jio as "extremely unfair" and "biased".State-owned NBCC sweetened its bid to acquire bankruptcy-bound Jaypee Infratech, by offering lenders 1,426-acre land instead of 950 acres earlier and also providing half of 3,000 benami flats to them, sources said.Sebi has denied RIL waiver to delist the shares of Alok Industries. Reliance Industries bought the bankrupt textile firm in a Rs 5,050-crore deal in March.Private equity firms TA Associates, Warburg Pincus and ChrysCapital have been shortlisted for sale of up to 44% stake in Fortis’ diagnostics unit SRLThe promoters of Sterling and Wilson Solar stand by the company’s repayment commitments an d a delay does not mean dishonouring that pledge, said Shapoorji Pallonji Group chairman Shapoor Mistry.Telecom operator Tata Teleservices (Maharashtra) posted a loss of Rs 2,335 crore on account of provisioning for liabilities after the Supreme Court ruling on statutory dues.The company reported a standalone net loss of Rs 394.43 crore for the second quarter ended September.The company had posted a net loss of Rs 443.03 crore in the corresponding quarter of the previous fiscal, IVRCL said in a BSE filing.State Bank of India (SBI) and the ministry of finance are exploring a legal framework where the proposed alternative investment fund (AIF) for reviving stalled real estate projects will have the first charge on assets and cash flow of entities receiving funding.Direct-to-home operator Dish TV India Ltd has reported a consolidated net loss of Rs 96.37 crore for the quarter ended on September 30, 2019. The Essel Group firm had reported a net profit of Rs 19.73 crore in the July-September quarter a year ago, Dish TV said in a BSE filing.The company, which currently operates 13 hospitals and eight clinics across India, is planning to make a foray into the diagnostics segment in order to scale up business in the country, a top company official said.Tata Motors said it has raised Rs 500 crore by preferential allotment of non-convertible debentures to three different entities.Essar Steel, Adani Group and state-owned GAIL have bought majority of natural gas from Reliance Industries' newer fields in the KG-D6 block at an indicative price of USD 5.04 - 5.16 per unit, industry sources said.

Source: Economic Times November 18, 2019 02:37 UTC