Markets opened with a muted tone, continuing the corrective phase. Ather Energy introduced a new vehicle platform, while CMS Info Systems secured a contract from IPPB for ATM replacement. Indian Oil's SPRINT project is yielding positive results, and Torrent Power received a LoA for a thermal project in Madhya Pradesh. IndusInd Bank's shareholders rejected the induction of two nominee directors.

Markets began the new derivatives series on a muted note, extending the prevailing corrective phase. In today's trade, shares of Ather Energy, Indian Oil, Torrent Power, BHEL, IndusInd Bank among others will be in focus due to various news developments.

Ather Energy

Electric two-wheeler maker Ather Energy on Saturday unveiled a new platform, the company's first vehicle architecture since the launch of Ather 450, at the third edition of its community day event.

CMS Info Systems

The India Post Payments Bank (IPPB) has awarded the contract to replace its fleet of 1,000 ATMs and cash dispensers to CMS Info Systems after the bankruptcy of ATM service provider AGS Transact Technologies.

Indian Oil

Indian Oil's transformative project SPRINT has started to show results with improved operational performance at refineries and the company is regaining leadership position in fuel retail expansion.

NCC

NCC's water division received orders worth Rs 788 crore in August.

Torrent Power

Torrent Power bagged a letter of award (LoA) for Rs 22,000 crore, 1,600 MW thermal project in Madhya Pradesh.

BHEL

BHEL signed agreement with a DRDO Hyderabad-based Defence Metallurgical Research Lab (DMRL) for transfer of technology.

IndusInd Bank

IndusInd Bank's shareholders rejected its proposal to induct two nominee directors to the board. However, shareholders cleared the appointment of Rajiv Anand as MD and CEO.

Sterlite Technologies

Sterlite Technologies said its US subsidiary, Sterlite Technologies Inc (STI), has been ordered to pay $96.5 million by a US District Court.