Indian stock market faces mixed outlook with company capex hikes and strategic moves.

Indian equity indices are expected to open muted on Monday, as Tata Power plans a significant capex hike and Godrej Consumer Products faces challenges due to rising input costs. Welspun Corp secured major orders in the US, while Suven Pharmaceuticals acquired a stake in NJ Bio, Inc. Paytm is selling its stake in Japanese fintech PayPay to SoftBank, and Easy Trip Planners is expanding into healthcare and education through strategic acquisitions. These updates highlight mixed performances and strategic moves by key companies.

4 months ago
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