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Stocks in news: Stocks in news: Nestle India, Titan, Vodafone Idea, Wipro, Tata Steel

The Board of Nestle India approved paying a royalty fee to its parent company Nestle S.A. The payment will be made at a rate of up to 5.25% of total net sales and it is payable in a staggered manner over five years.

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Two entities sell Strides Pharma shares worth Rs 81 crore

Around 11.40 lakh shares were sold, which represent a 1.24 per cent stake in the company. The shares were sold at an average price of Rs 713 per piece, taking the combined transaction value to Rs 81.30 crore.

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