Stocks in News

Aditya Birla Nuvo:

     Diversified company Aditya Birla Nuvo (ABNL) will make a foray into solar power business and would participate in auction in such projects in Telangana.

Monnet Ispat Ltd:

     JSW energy on Thursday announced the signing of a non-binding a agreement with Monet Ispat for initiating due diligence for acquisition of majority stake in Monet Ispat and Energy's 1,050-Mw power plant in Odisha.

Adani Port Ltd:

     The company has held preliminary talk with Warburg Pincus about purchasing the private equity firm's shareholding in the Gangavaram port in Andhra Pradesh.

TCS:

     TCS missed revenue expectations for the fourth quarter in a row. Sequential dollar revenue growth of 3.5 per cent was also the lowest level of growth in the first quarter in several years.