Check out the companies which will be in focus during trade today based on recent and latest news developments.
BPCL: BPCL has announced that it has received shareholder nod to increase FII Investment Limit to 49%.
HUL: HUL has announced new appointment to Management Committee. Food & Refreshments Biz will now be organised into two Separate Businesses of Food & Refreshments.
ONGC: Oil and Natural Gas Corp. Ltd is planning to invest Rs.4,000 crore to develop its four coal bed methane (CBM) gas blocks, according to reports.
Yes Bank: Yes Bank is likely to raise USD1bn from overseas investors in the current financial year as it has recently got government approval for increasing foreign investment to 74%.
Kwality: The company is planning to invest Rs.5 bn for expansion, said it has successfully come out of a branding-related legal dispute after Graviss holding withdrew its case on May 31.
M&M: M&M has launched its second fully-electric passenger car - e-Verito with prices starting at 9.50 lakh (ex-showroom, Delhi) for the D2 variant, going up to 10 lakh for the range-topping D6 trim.
NMDC: NMDC has announced that a meeting of the Board of Directors of the Company will be held on June 07, 2016, inter alia, to consider the proposal for Buy Back of the fully paid-up equity shares of the Company of face value of Rs. 1 each.
Power Finance Corporation: PFC has announced that it has acquired stake in Shree Maheshwar Hydel Power Corp.
Oricon Enterprises: Oricon Enterprises has entered into a Joint Development Agreement with Tapir Realty Developers Ltd., a subsidiary of IndiaBulls Real Estate Ltd. for development of its 7810 sq. mtrs. Plot in Mumbai.
Wipro: Wipro announced that it has open sourced its big data product, Big Data Ready Enterprise (BDRE), which makes big data technology adoption simpler and faster by optimizing big data workloads under an integrated unified framework.
Reliance Infrastructure Ltd: Reliance Energy, the Mumbai Distribution Arm of Reliance Infrastructure Ltd. has recorded 1,856 mw on June 1, 2016, beating the last year’s peak recorded at 1,839 mw on October 14, 2015.
Rajesh Exports: Rajesh Exports is eyeing $150-170mn acquisition in Dubai to expand refining capacity and increase margins, according to reports.
MOIL: Moil Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 7 to consider the proposal for Buyback of the fully paid-up equity shares of the Company.
TVS Motor Company: Adding a new chapter to its iconic brand: TVS XL, TVS Motor Company today announced the launch of its new four stroke TVS XL 100 in Himachal Pradesh.
Reliance Energy: Reliance Energy, the Mumbai Distribution Arm of Reliance Infrastructure Ltd. has recorded 1,856 mw on June 1, 2016, beating the last year’s peak recorded at 1,839 mw on October 14, 2015.
Career Point: The Company has invested Rs. 1.40 crore in its wholly owned subsidiary 'Career Point Institute of Skill Development Pvt. Ltd.' by subscribing 14 Lac equity shares of Rs. 10/- each at a price of Rs. 10/- per equity share.
Shree Pushkar Chemicals & Fertilisers Ltd: The company announced Commission of the additional capacity of Vinyl Sulphone as on May 31, 2016.
Navkar Corporation Ltd: Navkar Corporation has received contract for operation and management of KRIL’s Container Freight Station (CFS)/ICD and Handling of Container Trains at Hazira Terminal, Gujarat.
Asian Granito India: The company launched new product 1000x1000mm Jumbo Double Charge Vitrified Tiles and 800x800mm Imperio Double Charge Vitrified Tiles
Satkar Finlease: Satkar Finlease to consider issue of equity shares on preferential basis
Bank of Maharashtra: The bank has decided to raise capital through FPO/Rights issue/QIP etc., upto Rs.1,000 crore, subject to the necessary approvals.
HUL: HUL has announced new appointment to Management Committee. Food & Refreshments Biz will now be organised into two Separate Businesses of Food & Refreshments.
ONGC: Oil and Natural Gas Corp. Ltd is planning to invest Rs.4,000 crore to develop its four coal bed methane (CBM) gas blocks, according to reports.
Yes Bank: Yes Bank is likely to raise USD1bn from overseas investors in the current financial year as it has recently got government approval for increasing foreign investment to 74%.
Kwality: The company is planning to invest Rs.5 bn for expansion, said it has successfully come out of a branding-related legal dispute after Graviss holding withdrew its case on May 31.
M&M: M&M has launched its second fully-electric passenger car - e-Verito with prices starting at 9.50 lakh (ex-showroom, Delhi) for the D2 variant, going up to 10 lakh for the range-topping D6 trim.
NMDC: NMDC has announced that a meeting of the Board of Directors of the Company will be held on June 07, 2016, inter alia, to consider the proposal for Buy Back of the fully paid-up equity shares of the Company of face value of Rs. 1 each.
Power Finance Corporation: PFC has announced that it has acquired stake in Shree Maheshwar Hydel Power Corp.
Oricon Enterprises: Oricon Enterprises has entered into a Joint Development Agreement with Tapir Realty Developers Ltd., a subsidiary of IndiaBulls Real Estate Ltd. for development of its 7810 sq. mtrs. Plot in Mumbai.
Wipro: Wipro announced that it has open sourced its big data product, Big Data Ready Enterprise (BDRE), which makes big data technology adoption simpler and faster by optimizing big data workloads under an integrated unified framework.
Reliance Infrastructure Ltd: Reliance Energy, the Mumbai Distribution Arm of Reliance Infrastructure Ltd. has recorded 1,856 mw on June 1, 2016, beating the last year’s peak recorded at 1,839 mw on October 14, 2015.
Rajesh Exports: Rajesh Exports is eyeing $150-170mn acquisition in Dubai to expand refining capacity and increase margins, according to reports.
MOIL: Moil Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 7 to consider the proposal for Buyback of the fully paid-up equity shares of the Company.
TVS Motor Company: Adding a new chapter to its iconic brand: TVS XL, TVS Motor Company today announced the launch of its new four stroke TVS XL 100 in Himachal Pradesh.
Reliance Energy: Reliance Energy, the Mumbai Distribution Arm of Reliance Infrastructure Ltd. has recorded 1,856 mw on June 1, 2016, beating the last year’s peak recorded at 1,839 mw on October 14, 2015.
Career Point: The Company has invested Rs. 1.40 crore in its wholly owned subsidiary 'Career Point Institute of Skill Development Pvt. Ltd.' by subscribing 14 Lac equity shares of Rs. 10/- each at a price of Rs. 10/- per equity share.
Shree Pushkar Chemicals & Fertilisers Ltd: The company announced Commission of the additional capacity of Vinyl Sulphone as on May 31, 2016.
Navkar Corporation Ltd: Navkar Corporation has received contract for operation and management of KRIL’s Container Freight Station (CFS)/ICD and Handling of Container Trains at Hazira Terminal, Gujarat.
Asian Granito India: The company launched new product 1000x1000mm Jumbo Double Charge Vitrified Tiles and 800x800mm Imperio Double Charge Vitrified Tiles
Satkar Finlease: Satkar Finlease to consider issue of equity shares on preferential basis
Bank of Maharashtra: The bank has decided to raise capital through FPO/Rights issue/QIP etc., upto Rs.1,000 crore, subject to the necessary approvals.
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