Check out the companies which will be in focus during trade today based on recent and latest news developments.
RIL: Reliance Industries has signed a co-branding agreement for a polyester sewing thread made by Coimbatore-based yarn manufacturer and exporter Precot Meridian Ltd.
Bharti Airtel: Bharti Airtel announced that it has entered into a definitive agreement with American Tower Corporation (American Tower), through its subsidiary company, Airtel Tanzania Limited, for the sale of approximately 1,350 of its communications towers in Tanzania.
Bharat Forge: Airbus is in initial talks with companies such as Bharat Forge and the forgings arm of Mahindra group to have some of its aircraft parts forged in India,as per media reports.
Indoco Remedies: Indoco Remedies has received the Establishment Inspection Report (approval) from US Food and Drug Administration (USFDA) for its solid dosages manufacturing facility at Goa (Plant I), confirming the closure of inspection in October, 2015.
Gayatri Projects: Sembcorp-Gayatri joint venture on Monday announced plans to double the power generation capacity at its thermal power complex located at Krishnpatnam in the Nellore district of Andhra Pradesh, entailing an outlay of Rs. 12,000 crore.
Whirlpool: Whirlpool of India Ltd. expects contribution of exports to grow in the future as it aims for a double-digit profitable growth, reports a business daily.
KPR Mill: The company is planning to double its processing capacity at a cost of Rs.1.2 billion. The project is set to be completed in nine months and the firm plans to fund its expense through internal accruals and debt.
NTPC: NTPC said that the Unit-I of 250 MW of Nabinagar Thermal Power Station of Bhartiya Rail Bijlee Company Limited (A subsidiary Company of NTPC Ltd.) has been commissioned on March 20, 2016.
HDFC: The board of directors of Housing Development Finance Corporation Ltd, have approved the payment of interim dividend of Rs. 3/equity share of Rs. 2 each of the corporation, for the financial year ending March 31,2016.
PVR: PVR cinemas and Paytm have announced a strategic relationship that will bring PVR's movie tickets to Paytm's e-commerce platform as a part of its nationwide foray in the online movie ticket segment.
BHEL: The company has commissioned another 270 MW unit at Goindwal Sahib coal-fired power project in Punjab.
Yes Bank: FIPB approved the proposal of Yes Bank to increase its foreign investment limit to 74 per cent from present 41% making it the first bank to get approval for hiking FDI limit after the new regulations were announced in November.
SKS Microfinance: Non-banking finance company SKS Microfinance completed its seventh securitization transaction during FY16 for a pool value of Rs. 538.11 crore.
Nava Bharat Ventures: The company has entered into an arrangement with Tata Power Trading Company Limited (TPTCL) for supply of power to Telangana State Power Distribution Companies (TSPCC/TSDISCOMS) back to back from May 27, 2016 to May 25, 2017.
Godrej Properties: Godrej Properties has created a dedicated real estate funds management business in India and Singapore - Godrej Fund Management (GFM).
Va Tech Wabag: The company has won orders worth Rs 5000 crore in FY 2016. This is the highest order intake clocked by the Group in a single financial year.
Jet Airways: Jet Airways, India’s premier international airline, is set to launch daily non-stop flights from India to Amsterdam resulting in significantly enhanced connectivity between India, Europe and North America.
Himachal Futuristic Communications Ltd: The company is entering into the defence equipment manufacturing business.
Bharti Airtel: Bharti Airtel announced that it has entered into a definitive agreement with American Tower Corporation (American Tower), through its subsidiary company, Airtel Tanzania Limited, for the sale of approximately 1,350 of its communications towers in Tanzania.
Bharat Forge: Airbus is in initial talks with companies such as Bharat Forge and the forgings arm of Mahindra group to have some of its aircraft parts forged in India,as per media reports.
Indoco Remedies: Indoco Remedies has received the Establishment Inspection Report (approval) from US Food and Drug Administration (USFDA) for its solid dosages manufacturing facility at Goa (Plant I), confirming the closure of inspection in October, 2015.
Gayatri Projects: Sembcorp-Gayatri joint venture on Monday announced plans to double the power generation capacity at its thermal power complex located at Krishnpatnam in the Nellore district of Andhra Pradesh, entailing an outlay of Rs. 12,000 crore.
Whirlpool: Whirlpool of India Ltd. expects contribution of exports to grow in the future as it aims for a double-digit profitable growth, reports a business daily.
KPR Mill: The company is planning to double its processing capacity at a cost of Rs.1.2 billion. The project is set to be completed in nine months and the firm plans to fund its expense through internal accruals and debt.
NTPC: NTPC said that the Unit-I of 250 MW of Nabinagar Thermal Power Station of Bhartiya Rail Bijlee Company Limited (A subsidiary Company of NTPC Ltd.) has been commissioned on March 20, 2016.
HDFC: The board of directors of Housing Development Finance Corporation Ltd, have approved the payment of interim dividend of Rs. 3/equity share of Rs. 2 each of the corporation, for the financial year ending March 31,2016.
PVR: PVR cinemas and Paytm have announced a strategic relationship that will bring PVR's movie tickets to Paytm's e-commerce platform as a part of its nationwide foray in the online movie ticket segment.
BHEL: The company has commissioned another 270 MW unit at Goindwal Sahib coal-fired power project in Punjab.
Yes Bank: FIPB approved the proposal of Yes Bank to increase its foreign investment limit to 74 per cent from present 41% making it the first bank to get approval for hiking FDI limit after the new regulations were announced in November.
SKS Microfinance: Non-banking finance company SKS Microfinance completed its seventh securitization transaction during FY16 for a pool value of Rs. 538.11 crore.
Nava Bharat Ventures: The company has entered into an arrangement with Tata Power Trading Company Limited (TPTCL) for supply of power to Telangana State Power Distribution Companies (TSPCC/TSDISCOMS) back to back from May 27, 2016 to May 25, 2017.
Godrej Properties: Godrej Properties has created a dedicated real estate funds management business in India and Singapore - Godrej Fund Management (GFM).
Va Tech Wabag: The company has won orders worth Rs 5000 crore in FY 2016. This is the highest order intake clocked by the Group in a single financial year.
Jet Airways: Jet Airways, India’s premier international airline, is set to launch daily non-stop flights from India to Amsterdam resulting in significantly enhanced connectivity between India, Europe and North America.
Himachal Futuristic Communications Ltd: The company is entering into the defence equipment manufacturing business.
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