HCL Tech and Infosys will be in action ...

HCL Tech and Infosys will be in action as the former has reportedly decided to bid for UK’s Axon at a price 15% higher than that of the latter. Madras Aluminium and Sterlite Industries will be in focus as their Boards meet today to consider restructuring, including a possible merger. India Foils might attract some attention as its Board has cleared the rehabilitation scheme sanctioned by the Board for Industrial and Financial Reconstruction (BIFR) for the company.