17 Stocks in focus today

Check out the companies which will be in focus during trade today based on recent and latest news developments

Piramal Enterprises Ltd: The company is in talks to take control of Infrastructure Leasing & Financial Services. PEL will carve out its financial services business and merge it with IL&FS in an allstock deal to create a $2.5-billion, as per media reports.

Bharti Airtel: The company is in talks with Malaysia's Axiata-owned mobile operator, Robi for merger of its Bangladesh operations.

Mahindra & Mahindra: The company is all set to launch an all-new vehicle TUV3OO, after a gap of nearly 12 months when it launched the new generation Scorpio in September last year.

Reliance Communications Ltd: Reliance Communications and Reliance Jio Infocomm are set to announce a pan-India spectrum sharing-cumtrading agreement as early as next week, which will give Mukesh Ambani-owned Jio more bandwidth options to offer 4G services across most parts of the country.

Mangalore Refinery and Petrochemicals Ltd: The company is in talks with Colombia's Ecopetrol to buy term crude oil and is exploring purchases of Iraq's Basra Heavy grade to diversify supplies and improve margins, as per media reports.

Nestle India Ltd: The company can start making Maggi noodles again in India as early as October, it said on Wednesday, paving the way for the snack to go back on sale by the end of the year, as per reports.

Indiabulls Housing Finance Ltd: The company plans to raise up to $1 billion through private placement of shares to institutional investors to meet its capital adequacy requirements and funding needs.

Dr Reddy's Laboratories: Dr Reddy's Lab and PanTheryx, Inc., have entered into a licensing agreement that grants the exclusive right to market and distribute PanTheryx's nutritional intervention, DiaResQ, for infectious diarrhoea in India and Nepal, as per media reports.

GAIL India Ltd: CCI has rejected allegations of the company indulged in anti-competitive practices with regard to supply of gas to two Gujarat-based entities.

Siemens Ltd: The company said it will invest 1 billion euro (over Rs. 7,400 crore) in India and add 4,000 jobs under 'Make in India' initiative.

Tata Steel Ltd: Tata Steel has started production from the Coke Ovens at its greenfield project at Kalinganagar in Odisha. The production, which commenced on September 4, 2015, marks a major milestone for the steel major's first greenfield steel plant outside Jamshedpur, as per reports.

L&T Ltd: The company is expecting Rs. 3,000 crore worth infrastructure projects in Sri Lanka as it seeks to expand its global presence, its chief AM Naik said on Wednesday.

NTPC: The company will raise up to Rs. 700 crore through tax free secured non-convertible bonds. It is is likely to start the process of taking over Damodar Valley Corp's (DVC) 2,520-MW Raghunathpur thermal power plant by December.

TVS Motors Company Ltd: The company will invest about Rs. 800 crore over the next three years across its businesses, including for ramping up its plant capacities, as per reports.

Cipla: India Ratings & Research said Cipla's ratings are unlikely to be affected by the recent cash-rich acquisitions of two US-based companies for USD550mn.

Alstom: Power equipment maker Alstom said that the European Commission and the US Department of Justice (USDoJ) have approved the transaction with General Electric (GE) to acquire Alstom's energy business, as per media reports.

Hero MotoCorp: The company began operations at a new facility in Columbia, the company’s first plant outside India, which has been built at an investment of USD70mn.