Suzlon Energy, Coal India and Aurobindo Pharma among 12 Stocks in focus today

Check out the companies which will be in focus during trade today based on recent and latest news developments.

Suzlon Energy: The company said that it has issued 1.55 crore equity shares on conversion of 4,000 bonds worth $546.91 million.

Dr Reddy's Lab: The pharma company has completed the purchase of worldwide exclusive Intellectual Property Rights for Fondaparinux sodium, its generic anti-coagulant drug, from Australian partner Alchemia for $17.5 million.

Jet Airways, IndiGo and SpiceJet: Jet Airways, IndiGo and SpiceJet will contest penalties of INR 258 crore imposed on them by the Competition Commission of India (CCI) for anti-competitive practices related to air cargo.

Bharti Airtel: OYO Rooms has partnered with Bharti Airtel to provide broadband internet access and DTH services in 3000 rooms across the country at no added expense to customers, as per media reports.

Tata Steel: Tata Steel's 3 million tonne per annum (mtpa) greenfield steel plant at Kalinganagar in Odisha’s Jajpur district was commissioned on Wednesday. Odisha chief minister Naveen Patnaik inaugurated the plant.

Coal India: Cabinet Committee on Economic Affairs, chaired by the Prime Minister has approved the disinvestment of 10 percent paid up equity capital of Coal India.This implies divesting of 63,16,36,440 shares of Face Value of Rs. 10 each out of the Government of India shareholding of 78.65 percent (after adjusting one percent equity to be offered for sale to the employees of CIL as per CCEA decision in September 2014, which is under process of implementation) through public offering in the domestic market.

Aurobindo Pharma: Aurobindo Pharma will seek approval from its shareholders for an enabling resolution to raise up to $600 mn via issue of securities.

Mahindra & Mahindra: Mahindra & Mahindra is looking to ramp up production of its newly launched compact sports utility vehicle, TUV 300, as per media reports.

Essar Steel: Creditors of Essar Steel may consider conversion of debt into equity under the strategic debt restructuring (SDR) route if the company does not succeed in its efforts to monetize assets or bring on board a strategic investor, as per media reports.

Gammon India: The company has received approval to transfer the Company's Civil EPC undertaking viz.: Civil Engineering, Procurement and Construction business carried on by the Company in roads, hydro-power, nuclear power, tunnels, bridges, buildings, cooling towers, chimneys and other sectors as a going concern, which shall include all the properties, rights and powers and all debts, liabilities, duties and obligations comprised in/and pertaining to the Civil EPC business ("Civil EPC Business") to Gammon Retail Infrastructure Private Limited, the Company's wholly owned subsidiary.