Today's Stock View – 01.01.2019
KEEP REFRESH FOR NEXT UPDATE
* ALLAHABAD BANK: Will hike its marginal cost of funds-based lending rates by 10 basis points across tenures, from Tuesday. Has tied up with SBI Life Insurance to sell the policies of the insurer from over 3,200 branches.
* AXIS BANK: Managing Director and Chief Executive Officer Shikha Sharma has retired, effective Dec 31.
* BASF INDIA: Has completed transfer of its pigments business to BASF Colors & Effects India and received total consideration of 190 mln rupees.
* CREDITACCESS GRAMEEN: Completed a direct assignment transaction of 2.78 bln rupees, and a securitisation transaction of 1.11 bln rupees.
* FORTIS HEALTHCARE: The board has approved the appointment of BSR & Co LLP as the company's statutory auditors, effective Monday. Board has also approved the extension of a purchase agreement with RHT Health Trust to Mar 26. Has appointed Shirish Moreshwar Apte as vice-chairman of the company.
* GOA CARBON: Maintenance work at the company's unit in Paradeep, Odisha, has been completed and normal production is likely to resume on Tuesday.
* HERO MOTOCORP: Plans to step up its focus on scooters having ceded ground to rival Honda Motorcycle and Scooters India.
* HINDUSTAN FOODS: Has started commercial production at its unit in Coimbatore, Tamil Nadu.
* HOUSING DEVELOPMENT FINANCE CORP: Will increase its retail prime lending rate by 10 basis points to 16.85%, effective Tuesday.
* IL&FS TRANSPORTATION NETWORKS: Has defaulted on interest payment of 209.77 mln rupees towards non-convertible debentures, due between Saturday and Monday.
* ITD CEMENTATION INDIA: Has been signed up to give a leg up to the granite-sourcing issues niggling Adani Vizhinjam Port.
* JMC PROJECTS (INDIA): Has received orders totalling 5.96 bln rupees. The orders include civil works for residential and commercial projects in South India for 4.34 bln rupees, and civil works for a steel plant in Odisha for 1.62 bln rupees.
* KEC INTERNATIONAL: ADANI TRANSMISSION's acquisition of the company-owned special purpose vehicle KEC Bikaner Sikar Transmission has been deferred to Jan 31 from Dec 31.
* LUPIN: Has received an approval from the US Food and Drug Administration to market its Clobazam Oral Suspension, a generic of Lundbeck Pharmaceuticals, LLC's Onfi Oral Suspension with 2.5 mg/ml strength.
* PREMIER: Has entered into an agreement with Runwal Realty for the sale of its property at Chinchwad, Pune.
* RELIANCE INDUSTRIES: Has raised 55 bln rupees through a private placement of non-convertible debentures.
* SHILPA MEDICARE: Has received approval from the US Food and Drug Administration for irinotecan hydrochloride injection.
* SHRIRAM TRANSPORT FINANCE: Has raised 5.5 bln rupees through the issue of subordinated bonds, maturing on Dec 27, 2024, at a coupon rate of 10.25%.
* TECH MAHINDRA: The Hyderabad High Court Monday set aside an Enforcement Directorate order provisionally attaching fixed deposits worth 8.22 bln rupees belonging to the company.
* UNION BANK OF INDIA: The board will meet on Thursday to consider and approve fund raising through employee share purchase scheme.
* VIJAYA BANK: A meeting of the board to consider issue of shares to employees has been rescheduled to Wednesday from Tuesday.
Our Blog Information Learning purpose only
(Paper Trading Practice for Currency, Equity, Commodity Segment)
