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Stocks To Watch 

Tata Motors: Former Daimler AG manager Marc Llistosella will not be joining the company as its next Managing Director & CEO as previously announced. Guenter Butschek to continue as the Managing Director & CEO till June 30, 2021.

Power Grid Corporation Of India: Has signed a Share Purchase Agreement with Jaiprakash Power Ventures for acquisition of 74% stake of JVPL in Jaypee Power Grid at an aggregate cost of Rs 351 crore. Subsequently JPL will become a wholly owned subsidiary of the company.

Bharat Dynamics: Ministry of Defence has signed a contract with the company for supply of Milan-2T Anti-Tank Guided Missiles to Indian Army at the cost of Rs 1,188 crore.

Majesco: Aurum Platz makes an Open Offer to public shareholders to acquire up to 74.43 lakh shares or 26% of the total equity. The offer price of Rs 77 per share is at a premium of over 21% to Friday's closing price. On full acceptance of the open offer, the total consideration paid will be Rs 57.31 crore. Aurum Platz entered into a share purchase agreement to acquire the entire 14.78% stake held by the company's promoters for a cash consideration of Rs 32.6 crore, thereby triggering the open offer. As per the December shareholding pattern, public shareholding in Majesco stood at 85.22%.

Future Group: Filed a appeal against a Delhi High Court ruling pertaining to the sale of its assets to Reliance Industries.

JSW Energy: A wholly-owned subsidiary of the company, JSW Future Energy, has received Letters of Award for a total wind capacity of 450 MW from Solar Energy Corporation of India against Tariff based Competitive Bid invited by SECI for setting up of 1,200 MW ISTS-connected Wind Power Projects (Tranche - X).