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Stock Radar: Reliance Industries, Vedanta, Paytm, KEC International, IndiGo, PB Fintech in focus on Thursday

Money Control · 3m

In today's stock market news, several stocks are expected to be in focus. Some highlights include: - Reliance Industries and The Walt Disney Company have received approval for the merger of their Indian media assets. - PB Fintech may see a stake sale by Tencent Cloud Europe. - InterGlobe Aviation founder Rakesh Gangwal may sell a stake in IndiGo. - KEC International has secured new orders in its transmission and distribution business in the UAE and Saudi Arabia. - NALCO's joint venture company, KABIL, has signed an MoU with Oil India for collaboration in projects and exploration. - Paytm's subsidiary, Paytm Payments Services, has received approval for a downstream investment. - Tata Steel has acquired shares in T Steel Holdings Pte. - Procter & Gamble Hygiene & Health Care recorded a decline in net profit, but revenue grew during the quarter. - Several bulk deals have taken place, including stake purchases in GMM Pfaudler, Gulshan Polyols, Kesoram Industries, and TCNS Clothing Company. Please note that this news summary is for informational purposes only and should not be considered as financial advice.