Here is the list of the top 10 stocks that are likely to be in focus on Monday:
Future Group: The Competition Commission of India (CCI) on Friday kept Amazon group’s 2019 purchase of 49% stake in a Future group entity in abeyance and ordered a penalty of ₹202 crore for allegedly not being upfront about the actual scope and purpose of the deal. CCI referred to various agreements between the entities of Amazon and the Future group and said that Amazon allegedly failed to notify certain shareholder agreements and commercial arrangements involving Future group as part of the combination between the parties and allegedly suppressed the actual purpose and particulars of the deal.
Bharti Airtel: Telecom provider Bharti Airtel, today said that it has paid Rs15,519 crores to the Department of Telecom (Government of India) towards prepayment of the entire deferred liabilities pertaining to spectrum acquired in auction of year 2014. The company had acquired 128.4 MHz spectrum (including Telenor spectrum) for consideration of ₹19,051 crores in the 2014 auction.
Tata Motors: Tata Motors and Maharashtra government has joined hands to support setting up of a registered vehicle scrapping facility (RVSF) in the state, the company said on Friday. A memorandum of understanding (MoU) was signed by the auto major and the state government to help set up the scrappage centre with a recycling capacity of up to 35,000…
