Check out the companies which will be in focus during trade today based on recent and latest news developments.
United Breweries: United Breweries, who was seen as a likely candidate to buy the Kingfisher Airline brand, has said that it is not interested in owning the carrier's label, according to media reports.
Cadila Healthcare: The pharma company has announced that there have been some reports regarding the pre-qualification plant inspection of the vaccines facility by WHO in terms of the possible linkage with the company's oral solids and injectable facilities at the Moraiya manufacturing complex.
IDFC Bank, Ricoh India: IDFC Bank will replace Ricoh India in S&P BSE 500 from March 28, as per media reports.
SBI: The bank said it has raised Rs. 500 crore from issue of bonds on a private placement basis.
Tata Motors: The month-long strike at Tata Motors' Sanand plant ended on Tuesday, with workers and management reaching a consensus over the issue of suspended workers following a meeting with state labour secretary Sanjay Prasad.
Kalpataru Power Transmission Ltd: The company has secured new orders worth Rs.1,320 crore.
Jay Shree Tea: Jay Shree Tea hopes to improve output and margins, globally the supply crunch may continue as India, Indonesia and Sri Lanka are unlikely to record higher output, says its Managing Director DP Maheshwari.
Ashok Leyland: Ashok Leyland Defence Systems Ltd (ALDS) announced on Tuesday that it has tied up with US-based defence contractor Lockheed Martin Corp. to develop combat vehicles for the Indian Army.
Jindal Steel and Power Limited: JSPL has commissioned a 1.4 MTPA Rebar Mill at Sohar, Oman.
Corporation Bank: CARE Ratings has revised the credit ratings of state-owned Corporation Bank’s bonds. The bank’s lower tier II bonds has been revised to CARE AA (Double A) from CARE AA+ (Double A Plus) and its upper tier II bonds are revised by CARE AA - (Double A Minus) against its previous rating of CARE AA (Double A).
MIC Electronics: MIC Electronics has received Letter of Award (LoA) from M/s. Energy Efficiency Services Limited (A Joint Venture of PSUs of Ministry of Power, Government of India) and others. Total value of orders is Rs. 12 crore.
McNally Bharat: McNally Bharat Engineering Company Ltd has informed BSE that the Board of Directors of the company has approved in principle a proposal to merge the company, its subsidiary McNally Sayaji Engineering Limited and EMC Limited with Kilburn Engineering Limited.
Purvankara Projects: The company has announced its foray back into the Western Region with a proposed development of 30 acres in Mundhwa, Pune.
Tata Chemicals: Tata Chemicals Ltd has informed BSE that operations at the Company's fertiliser plant at Babrala will be temporarily shut down for the purpose of the planned, regular, major maintenance program generally taken once in two years.
Wonderla Holidays: Wonderla Holidays announced that its most hi-tech amusement park in Hyderabad is likely to be inaugurated in the third week of April.
SpiceJet: SpiceJet, the country’s favourite low-cost carrier is all set to welcome the festival of colours - Holi in its own signature spicy style.
Rajesh Exports: Jewellery exporter and retailer Rajesh Exports today said it has won a Rs. 1,045 crore export order from Singapore.
Maruti Suzuki India: Maruti Suzuki India, India's leading passenger vehicle maker, today announced that it will start deliveries of its newly launched compact urban SUV, Vitara Brezza, to customers, from 25th March 2016.
Tata Communications: Tata Communications announces that it has partnered with Anam, the world’s fastest growing application-to-person (A2P) messaging monetisation service provider, to create an end-to-end solution that helps mobile network operators globally to tackle revenue loss caused by A2P SMS spam, fraud and ‘grey route’ messaging traffic – where message aggregators take advantage of non-contracted routes to send large volumes of A2P SMS messages.
Mawana Sugars Ltd: The company has announced that in its meeting held on March 21, 2016, the Board of Directors, has considered a process of restructuring its principal debt liabilities to lenders/ARC and has started such a debt restructuring program with Edelweiss Asset Reconstruction Company Limited which had taken over the debts of the company owed to State Bank of India and State Bank of Travancore.
Mahindra & Mahindra: Mahindra Agri business has launched yet another product after their edible oil, and this time they are going after the dairy segment. The agri business vertical of the group company Mahindra & Mahindra has launched Saboro - branded dairy products.
Cadila Healthcare: The pharma company has announced that there have been some reports regarding the pre-qualification plant inspection of the vaccines facility by WHO in terms of the possible linkage with the company's oral solids and injectable facilities at the Moraiya manufacturing complex.
IDFC Bank, Ricoh India: IDFC Bank will replace Ricoh India in S&P BSE 500 from March 28, as per media reports.
SBI: The bank said it has raised Rs. 500 crore from issue of bonds on a private placement basis.
Tata Motors: The month-long strike at Tata Motors' Sanand plant ended on Tuesday, with workers and management reaching a consensus over the issue of suspended workers following a meeting with state labour secretary Sanjay Prasad.
Kalpataru Power Transmission Ltd: The company has secured new orders worth Rs.1,320 crore.
Jay Shree Tea: Jay Shree Tea hopes to improve output and margins, globally the supply crunch may continue as India, Indonesia and Sri Lanka are unlikely to record higher output, says its Managing Director DP Maheshwari.
Ashok Leyland: Ashok Leyland Defence Systems Ltd (ALDS) announced on Tuesday that it has tied up with US-based defence contractor Lockheed Martin Corp. to develop combat vehicles for the Indian Army.
Jindal Steel and Power Limited: JSPL has commissioned a 1.4 MTPA Rebar Mill at Sohar, Oman.
Corporation Bank: CARE Ratings has revised the credit ratings of state-owned Corporation Bank’s bonds. The bank’s lower tier II bonds has been revised to CARE AA (Double A) from CARE AA+ (Double A Plus) and its upper tier II bonds are revised by CARE AA - (Double A Minus) against its previous rating of CARE AA (Double A).
MIC Electronics: MIC Electronics has received Letter of Award (LoA) from M/s. Energy Efficiency Services Limited (A Joint Venture of PSUs of Ministry of Power, Government of India) and others. Total value of orders is Rs. 12 crore.
McNally Bharat: McNally Bharat Engineering Company Ltd has informed BSE that the Board of Directors of the company has approved in principle a proposal to merge the company, its subsidiary McNally Sayaji Engineering Limited and EMC Limited with Kilburn Engineering Limited.
Purvankara Projects: The company has announced its foray back into the Western Region with a proposed development of 30 acres in Mundhwa, Pune.
Tata Chemicals: Tata Chemicals Ltd has informed BSE that operations at the Company's fertiliser plant at Babrala will be temporarily shut down for the purpose of the planned, regular, major maintenance program generally taken once in two years.
Wonderla Holidays: Wonderla Holidays announced that its most hi-tech amusement park in Hyderabad is likely to be inaugurated in the third week of April.
SpiceJet: SpiceJet, the country’s favourite low-cost carrier is all set to welcome the festival of colours - Holi in its own signature spicy style.
Rajesh Exports: Jewellery exporter and retailer Rajesh Exports today said it has won a Rs. 1,045 crore export order from Singapore.
Maruti Suzuki India: Maruti Suzuki India, India's leading passenger vehicle maker, today announced that it will start deliveries of its newly launched compact urban SUV, Vitara Brezza, to customers, from 25th March 2016.
Tata Communications: Tata Communications announces that it has partnered with Anam, the world’s fastest growing application-to-person (A2P) messaging monetisation service provider, to create an end-to-end solution that helps mobile network operators globally to tackle revenue loss caused by A2P SMS spam, fraud and ‘grey route’ messaging traffic – where message aggregators take advantage of non-contracted routes to send large volumes of A2P SMS messages.
Mawana Sugars Ltd: The company has announced that in its meeting held on March 21, 2016, the Board of Directors, has considered a process of restructuring its principal debt liabilities to lenders/ARC and has started such a debt restructuring program with Edelweiss Asset Reconstruction Company Limited which had taken over the debts of the company owed to State Bank of India and State Bank of Travancore.
Mahindra & Mahindra: Mahindra Agri business has launched yet another product after their edible oil, and this time they are going after the dairy segment. The agri business vertical of the group company Mahindra & Mahindra has launched Saboro - branded dairy products.
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