Buzzing stocks: Reliance, Jio Platforms, NIIT Learning, Sagility, OnMobile, IDBI Bank, NBCC, RVNL

Reliance Industries, Jio Platforms, NIIT Learning, Sagility, OnMobile, and IDBI Bank have all been making headlines recently due to significant business deals and strategic moves. NIIT Learning recently acquired Bluewater Learning, LLC for up to $17.6 million in a deal that includes performance-based earnouts. Meanwhile, Sagility B.V. is planning to sell a 12% stake in the company for around ₹2,377 crore, with shares likely to be offloaded at a 5% discount to the Thursday closing price.

IDBI Bank completed its second round of strategic disinvestment bidding under the procedure determined by the Core Group of Secretaries on Disinvestment, with the reserve price remaining unchanged. Rail Vikas Nigam Limited secured an LOA worth Rs 55 lakh from the Ministry of External Affairs for the preparation of a Detailed Project Report for a Professional and Technical Education Centre in Seychelles.

OnMobile Global has partnered with Savex Technologies to expand its ONMO+ Smart Console product across various retail channels in India. NBCC successfully sold residential apartments at Avenue Towers through an e-auction, with the sale value exceeding the reserve price by nearly 60 percent. Bank of Baroda, Aditya Birla Capital, and other major banks and companies have also been in the news, reflecting a buzzing market in the Indian corporate sector.