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The two companies will now go for a strategic alliance

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Telecom stocks were trading in green, with the S&P BSE Telecom index rising 1.62 points or 0.09% at 1805.1 at 09:46 IST.

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Filatex India jumped 5.85% to Rs 112.25 after the company informed that it has been granted a 20-year patent for recycling of Polyethylene Terephthalate (PET) waste.

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Power stocks were trading in the positive zone, with the S&P BSE Power index rising 10.71 points or 0.21% at 5227.85 at 09:46 IST.

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FMCG stocks rise

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FMCG stocks were trading with gains, with the S&P BSE FMCG Sector index increasing 15.1 points or 0.09% at 16171.52 at 09:46 IST.

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Vakrangee Ltd has added 55.1% over last one month compared to 5.16% fall in S&P BSE IT Sector index and 0.85% rise in the SENSEX

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SEBI has asked for additional clarifications

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Examine prices in your city

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India's palm oil imports in August climbed to 994,997 tonnes from 530,420 tonnes in July month.

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JSW Steel announced that it has signed a memorandum of understanding (MoU) with SMS group GmbH, to explore multiple cutting-edge solutions and R&D projects to reduce carbon emission in its iron and steelmaking operations in India.

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