Stocks in Focus: IndusInd, Ola Electric, IndiGo, Castrol, Sun Pharma, RIL Updates
Major Indian companies like IndusInd Bank, Ola Electric, IndiGo, Castrol India, Sun Pharma, and Reliance Industries are in the news due to significant corporate and regulatory developments. These range from SFIO investigations and government incentives to flight disruptions and ownership changes, impacting market sentiment.
- IndusInd Bank under SFIO probe for ₹2,600 crore accounting discrepancies.
- Ola Electric receives ₹366.78 crore PLI incentive, invests in battery tech.
- IndiGo faces flight cancellations due to fog, commences Navi Mumbai airport operations.
- Castrol India sees open offer for 26% stake after BP's global divestment.
- Sun Pharma's US subsidiary recalls antifungal shampoo; Gujarat plant under USFDA OAI.
- RIL resumes discounted Russian crude purchases, impacting India's oil imports.
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