Stocks in the news: RIL, Infosys, Piramal Enterprises, NHPC , Jet Airways, Chalet Hotels, United Spirits, DHFL, Fortis Health, Chalet Hotels

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Reliance Industries: RIL too is expected to hog the limelight as the company on Monday soft launched its retail venture Jio Mart.

Infosys: The Company on Monday said in a regulatory filing that it will release financial results of December quarter of the financial year 2019-20 (FY20) on January 10.

Piramal Enterprises: Company approved allotment of NCDs worth Rs 1,600 crore on a private placement basis.

NHPC: NHPC on December 30 said that its board has approved a proposal to raise Rs 2,000 crore through various instruments.

Jet Airways: Stocks of Jet Airways may trade actively today amid reports Hinduja Group is preparing a bid to buy the grounded carrier.

United Spirits (USL): CRISIL has revised its outlook on the long term bank facilities and non-convertible debentures of USL to ‘Positive’ from ‘Stable’ while reaffirmed the rating at ‘CRISIL AA+’.

DHFL: Creditors to Dewan Housing Finance (DHFL) have claimed a total of Rs 87,905.6 crore in dues, according to the administrator appointed for the bankrupt company.

Fortis Healthcare: Farid Bin Mohamed Sani appointed as an additional director (non-executive, non-independent) with immediate effect.

Chalet Hotels: Company signed a pact with Marriott Hotels India to build 5 hotels. Chalet Hotels on Monday entered into five new agreements with global hospitality major Marriott International Inc extending their collaboration further.

Source: Business Standard, Moneycontrol and Other Published Sources

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