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Stocks to Watch: M&M, Tata Motors, aviation companies, banks

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M&M: Mahindra & Mahindra-owned SsangYong Motor Company has filed for bankruptcy in a Seoul court. While there are enough instances of failed overseas acquisitions, the company — bought from a court receivership by an Indian company — heading back to bankruptcy after a decade is unheard of.Tata Motors: Taking cues from peers, the company has decided to increase prices of commercial vehicles starting January, due to rise in input cost, forex impact.Aviation stocks: India has suspended flights to and from the UK till 31 December to prevent the spread of a new strain of the coronavirus that is considered to be 70% more infectious.

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