BoB, Dena Bank, Vijaya Bank: Shares of the three lenders are likely to remain in focus after the government on Monday proposed to create the country’s third-largest bank by amalgamating Mumbai-based Dena Bank and Bengaluru-based Vijaya Bank with much larger Bank of Baroda (BoB) in an all-stock deal. The banks’ boards are expected to meet in 10 days to take a call.
Tata Motors: Tata Motors-owned Jaguar Land Rover on September 17 confirmed a cut in its production schedule at the Castle Bromwich plant manufacturing Jaguar cars in the West Midlands region of England due to "continuing headwinds" impacting the British car industry.
Idea Cellular: According to news reports, the board of Vodafone Idea has approved the merger of its unit Aditya Birla Telecom (ABTL) with itself, moving a step closer towards monetizing the company's 11.15 per cent stake in Indus Towers to pare debt.
Avenue Supermarts: The company said in a BSE filing that it has issued Commercial Papers of Rs 70 crore on September 17, 2018.
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