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Stocks to watch: Infosys, Wipro, Aditya Birla Capital, HDFC Bank, 5paisa

Here are the top stocks to track in today s session: Earnings Today: Wipro, Blue Blends (India), Hathway Bhawani Cabletel & Datacom and Tinplate Company of India are scheduled to announce their quarterly numbers on Thursday. Most brokerages expect Wipro s net profit to rise between 23-30 per cent year-on-year (YoY) but the figure could contract on a quarter-on-quarter (QoQ) basis. Infosys: The company posted a 17.5 per cent jump in net profit for the March quarter on YoY basis, even though it was down 2.3 per cent sequentially. Infosys’s board also approved a share buyback of up to Rs 9,200 crore. The buyback will be done from the open market and the price per share will not exceed Rs 1,750.

Biyani offers to pay Rs 6,900 crore to lenders for loan restructuring as deal with Reliance gets delayed

Updated Apr 15, 2021 | 09:46 IST This proposal will help the cash-strapped group buy time and keep an alternative ready, as it still awaits judicial clearance to complete the sale of its business to Mukesh Ambani’s Reliance Retail. Representational image  New Delhi: Future Group led by Kishore Biyani has promised lenders to pay an aggregate of Rs 6,900 crore in two tranches by the end of the current fiscal to work out a loan restructuring agreement with its lenders as its deal with Reliance Retail gets delayed. Biyani is planning to sell its small-format stores business that includes chains such as Easyday, Heritage and Nilgiris to raise the amount, the

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फ्यूचर एंटरप्राइजेज ने एनसीडी पर ब्याज भुगतान में चूक की
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Amazon moves SC against Delhi HC stay order restraining Future Retail deal with Reliance

Amazon moves SC against Delhi HC stay order restraining Future Retail deal with Reliance PTI New Delhi | Updated on April 14, 2021 Will ‘defend the matter/proceedings through our legal counsels’: Future Retail Future Retail on Wednesday said Amazon has approached Supreme Court against a Delhi High Court order which stayed a single judge’s order restraining Future Retail Ltd from going ahead with its ₹24,713-crore deal with Reliance Retail to sell its business. The company s advocates are in receipt of communication dated April 13, 2021, from advocates of Amazon.com NV Investment Holdings LLC informing that Amazon has filed a Special Leave Petition before the Supreme Court of India against the captioned order dated March 22, 2021 passed by the Division Bench of the High Court of Delhi, Future Retail informed the stock exchanges.

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