Stocks In News - Bagging Order

1. Greaves Cotton has approved acquisition of majority stake in Ampere Vehicles.
2. The board has approved the proposal of investment in Ampere Vehicles by acquiring 67%in the first phase and further 13 % in a span of three years.
3. This acquisition will accelerate the development of clean energy technology solutions for mobility needs of passengers and small businesses, company said in release.
4. The company to acquire 67%stake in Ampere for Rs 77 cr, which to be completed by December 31, 2018, while for another 13% stake the company to shell out another Rs 75.5 cr.