Following the fourth-quarter results, JPMorgan upgraded Kotak Mahindra Bank and Avenue Supermarts. It maintains a neutral rating on Britannia Industries and an underweight rating on Tata Technologies.
Debt, equity holders approve merger of IDFC with IDFC First Bank
“We wish to inform that the resolution approving the Scheme was passed by the overwhelming majority of 99.95 per cent of the equity shareholders, representing