Stocks in News - 9th Sept 2021 1) Telecom stocks: The telecom | Groww

Stocks in News - 9th Sept 2021

1) Telecom stocks: The telecom department has proposed a four-year moratorium on AGR and spectrum payments, a media report mentioned citing a senior government official.

2) AC Manufacturers: Several AC manufacturers including Voltas, Blue Star, Amber Enterprises are planning to apply for the government’s production-linked incentive (PLI) scheme, media reports stated.

3) Jindal Steel & Power: The company's Australian subsidiary has made a pre-payment of $105.66 million, reducing its debt by approximately 50%.

4) SBI Life: Canada Pension Plan Investment Board (CPPIB) is planning to sell 2% stake in SBI Life Insurance Company.

5) Infosys: Infosys approved the closure of its buyback on September 8.

6) UCO Bank: RBI lifted Prompt Corrective Action (PCA) restrictions on UCO Bank.
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