Check out the companies which will be in focus during trade today based on recent and latest news developments.
ICICI Bank Ltd: ICICI Bank has reduced its home loan rate by 25 basis points
Prime Focus: Reliance MediaWorks has sold 9.75% stake in Prime Focus for over Rs. 155 crore through an open market transaction
Bharti Airtel: The company has held initial talks to buy Aircel's 4G airwaves in the 2300 Mhz band. The company plans to expand its high-speed broadband footprint.
NTPC, BEL: Government has embarked on global roadshows to attract investments for stake sale in NTPC and BEL that may fetch around Rs 6,600 crore to the exchequer, as per media report. Department of Disinvestment (DoD), Power Ministry and NTPC officials are doing roadshows simultaneously in Singapore, Hong Kong, London and in the United States between October 5-10.
Bank of Maharashtra Ltd: The bank has received shareholders' approval to raise Rs 394 crore by issuing 10.51 crore equity shares on preferential basis to the government.
Phoenix Mills Ltd: The company said it has acquired the entire 19.38 per cent equity stake held by MTX Hotels in Gangetic Hotels Private Limited.
Sun Pharmaceutical: The pharma company is seeking approval of its shareholders through a postal ballot earmarking of up to Rs 50,000 crore for the purpose of acquisitions or providing loans, among others.
Uflex Ltd: The company announced that it will set up a manufacturing facility at Sanand in Ahmedabad with an investment of Rs15bn. The plant would become fully operational by April 2017.
Dr Reddys Laboratories: The pharma company gets tentative US FDA nod for generic of Lamictal, as per media reports.
Suzlon Energy: The company has received an repeat order from Orange Renewable for installation of 100.8MW at Beluguppa in the state of Andhra Pradesh.
NIIT: NIIT announced the launch of NIIT.tv portal. It is an internet TV portal that brings skilling from NIIT classrooms to every digitally connected Indian, for free, and can be accessed on a computer, tablet or smartphone anytime anywhere.
Tata Chemicals: Tata Chemicals, the maker of branded salt and pulses, will create a new umbrella brand for its foods portfolio as it looks to treble revenues to Rs50bn in 5 years by entering newer product categories.
No comments:
Post a Comment