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Business EconomyPosted at: Dec 15 2018 12:01PM


ONGC rose 5.03 pc. The company scheduled a board meeting on December 20 2018 to consider a proposal of buyback of equity shares of the company. The announcement was made during market hours on 14
December 2018.
Reliance Industries fell 1.89 pc. The board of directors of Reliance Industries accorded its approval to a scheme of arrangement for transfer of its fibre undertaking, on a going concern basis, to a separate company and a scheme of arrangement for transfer of its tower undertaking, on a going concern basis, to a separate company.
The announcement was made after market hours on December 11, 2018.
Infosys rose 3.60 pc. Infosys announced the formation of a joint venture with Hitachi, Ltd., Panasonic Corporation and Pasona Inc., strategically enhancing its presence in Japan. Executing on its strategy to help clients navigate their digital journey, the entity formed by complementary, iconic companies coming together, will accelerate business process transformation leveraging digital procurement platforms for the local and global needs of Japanese corporations. The announcement was made during market hours on
December 14, 2018
Tata Motors gained 2.73 pc. The Tata Motors Group global wholesales in November 2018, including Jaguar Land Rover, were at 1,04,964 units, lower by 7 pc, as compared to November 2017. The announcement was made during market hours on December 10, 2018.

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