Check out the companies which will be in focus during trade today based on recent and latest news developments.
Tata Comm: Liquid Telecom, majority owned by Econet Wireless Global has entered into an agreement to acquire South African communications network operator Neotel. The shareholders of Neotel – Tata Communications of India and minority shareholders led by Nexus Connexion – have agreed for Liquid Telecom to acquire Neotel for ZAR6.55 billion.
Maruti Suzuki India: The company is ramping up production of its compact SUV Brezza and will roll out 10,000 units a month from July, according to reports.This is the second time the company has revised sales estimates for the model launched in March.
Bharat Heavy Electricals Limited: The company has achieved yet another milestone in Afghanistan by successfully commissioning two units of 14 MW each at Salma Hydro Electric Project (HEP) in Afghanistan.
NIIT Ltd: Copthall Mauritius Investment Ltd on Monday bought 22.8 lakh shares of the company at an average price of Rs.81.60 a share, according to the BSE data.
Mangalore Chemicals & Fertilizers Ltd: The company said it has given surety of Rs.225 crore on behalf of its group firm Zuari Agro for the import of phosphoric acid, ammonia and other raw materials used for the production of fertilisers.
HCL Tech: HCL Technologies Ltd has lost at least $1.5 billion worth of contracts that came up for rebid over the past two years, according to media reports.
Siemens: Siemens has bagged an order for Rs.570 crore from Power Grid Corp (PGCIL) to supply Static Synchronous Compensator (STATCOM) solutions.
National Steel and Agro Industries Ltd: The company has announced about commissioning of "Color Coating Line 2" and "NATIONALUME, an Aluminum Zinc Alloy Coating Line" at existing plant of the Company located at Village Sejwaya, Dist. Dhar, Madhya Pradesh, to meet out demand from domestic and export markets of Color Coated and Aluminum Zinc Alloy Coated Sheets/Coils/Profile Sheets.
MEP Infrastructure Developers Ltd: The company announce has received a Letter of Award (LOA) from NHAI (National Highways Authority of India).
Gujarat State Fertilizers & Chemicals Ltd: The company has announced that the Company's Ammonia-IV Plant shall undergo shut down for a period of 9 days i.e. till July 5 for completion of IBR statute requirements and to attend leakage of NG feed super-heater and iso thermal shift reactor coil. The said plant would come back into the mainstream from July 06, 2016. There will be no major impact on production due to the said shutdown.
Bharti Airtel: The company has extended the merger deal of Bangladesh operations with Axiata until September 26, 2016.
Indian Metals & Ferro Alloys Ltd: The company said that it approved preferential issue of 1 million warrants convertible in to equivalent number of equity shares to the promoter group at Rs.165 each.
Satin Creditcare Network Ltd: The company said it plans to raise Rs.100 crore by issuing bonds on a private placement basis.
Punj Lloyd: The company informed BSE that Singapore High Court has approved in its hearing dated June 27, 2016, the application for placing both PLPL and SEC under Judicial Management.
MBL Infrastructures Ltd: The company has bagged NHAI Project worth Rs 779 crore.
Exide Industries: The company is planning to spend over Rs.1,400 crore for the next one year on capital expenditure for technology up-gradation and capacity expansion, says report.
Hotel Leelaventure: The company is adopting an asset-light strategy for future growth with more properties being taken under the management contract model.
Maruti Suzuki India: The company is ramping up production of its compact SUV Brezza and will roll out 10,000 units a month from July, according to reports.This is the second time the company has revised sales estimates for the model launched in March.
Bharat Heavy Electricals Limited: The company has achieved yet another milestone in Afghanistan by successfully commissioning two units of 14 MW each at Salma Hydro Electric Project (HEP) in Afghanistan.
NIIT Ltd: Copthall Mauritius Investment Ltd on Monday bought 22.8 lakh shares of the company at an average price of Rs.81.60 a share, according to the BSE data.
Mangalore Chemicals & Fertilizers Ltd: The company said it has given surety of Rs.225 crore on behalf of its group firm Zuari Agro for the import of phosphoric acid, ammonia and other raw materials used for the production of fertilisers.
HCL Tech: HCL Technologies Ltd has lost at least $1.5 billion worth of contracts that came up for rebid over the past two years, according to media reports.
Siemens: Siemens has bagged an order for Rs.570 crore from Power Grid Corp (PGCIL) to supply Static Synchronous Compensator (STATCOM) solutions.
National Steel and Agro Industries Ltd: The company has announced about commissioning of "Color Coating Line 2" and "NATIONALUME, an Aluminum Zinc Alloy Coating Line" at existing plant of the Company located at Village Sejwaya, Dist. Dhar, Madhya Pradesh, to meet out demand from domestic and export markets of Color Coated and Aluminum Zinc Alloy Coated Sheets/Coils/Profile Sheets.
MEP Infrastructure Developers Ltd: The company announce has received a Letter of Award (LOA) from NHAI (National Highways Authority of India).
Gujarat State Fertilizers & Chemicals Ltd: The company has announced that the Company's Ammonia-IV Plant shall undergo shut down for a period of 9 days i.e. till July 5 for completion of IBR statute requirements and to attend leakage of NG feed super-heater and iso thermal shift reactor coil. The said plant would come back into the mainstream from July 06, 2016. There will be no major impact on production due to the said shutdown.
Bharti Airtel: The company has extended the merger deal of Bangladesh operations with Axiata until September 26, 2016.
Indian Metals & Ferro Alloys Ltd: The company said that it approved preferential issue of 1 million warrants convertible in to equivalent number of equity shares to the promoter group at Rs.165 each.
Satin Creditcare Network Ltd: The company said it plans to raise Rs.100 crore by issuing bonds on a private placement basis.
Punj Lloyd: The company informed BSE that Singapore High Court has approved in its hearing dated June 27, 2016, the application for placing both PLPL and SEC under Judicial Management.
MBL Infrastructures Ltd: The company has bagged NHAI Project worth Rs 779 crore.
Exide Industries: The company is planning to spend over Rs.1,400 crore for the next one year on capital expenditure for technology up-gradation and capacity expansion, says report.
Hotel Leelaventure: The company is adopting an asset-light strategy for future growth with more properties being taken under the management contract model.
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