Indian markets declined, with key updates on company mergers, acquisitions, and leadership changes.

Indian markets faced selling pressure on Friday, with Nifty closing near its daily low. Key updates include ITC's demerger of ITC Hotels, Adani Wilmar's 33% revenue rise, and HDFC Bank's approval to acquire up to 9.5% stake in other banks. NTPC formed a joint venture with Uttar Pradesh Rajya Vidyut Nigam, while Milind Nagnur resigned as Kotak Mahindra Bank's COO and CTO. HUL is in talks to acquire Minimalist for up to Rs 3,000 crore.

3 months ago
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