Business

Paytm to Zomato: Stocks to watch on August 22

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Zomato, Paytm

Zomato will buy Paytm's entertainment ticketing business for Rs 2,048 crore. The agreement includes a 12-month transition period on the Paytm app.

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Karnataka Bank

The Karnataka Bank Employees Association has called a walkout on August 28 to protest acts by Bank of India management. The strike may disrupt the bank's routine operations.

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BEML

BEML has entered into strategic cooperation with the Indian Navy to develop sophisticated maritime applications for defense. 

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Sun Pharma

Sun Pharma has agreed with Pharmazz Inc. to invest up to $15 million.

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Coal India

Coal India is actively pursuing the acquisition of important minerals, including lithium, both domestically and internationally.

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Muthoot Capital

 Muthoot Capital may consider financing up to Rs 50 crore through a debt offering on August 24. This action is part of a larger strategy to bolster its financial resources.

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