MindTree: Mindtree on Friday lowered its sequential revenue guidance for the second quarter (July-September) of fiscal 2016-17.
Telecom stocks in focus: Mobile subscribers can look forward to better times as companies like Bharti Airtel, Vodafone and Idea Cellular are planning tariff cuts, discounts, freebies and value additions to match the onslaught of Reliance Jio, as per media reports.
Tata Motors: Jaguar Land Rover, the British luxury vehicle unit of Tata Motors, is planning to make Land Rover SUVs in India for the local market and exports.
Maruti Suzuki: Maruti Suzuki’s national foray into the light commercial vehicle (LCV) segment will have to wait for the next financial year, as the company is limiting its new-found LCV arm to pilot testing in five states in the current financial year, as per media reports.
Infosys: Infosys Ltd has become the latest Indian IT services company to set up a joint venture with a local company in Saudi Arabia to tap local customers in the Islamic Kingdom, which is using technology to transform itself from being a oil dependent company.
NMDC: Government will kickstart overseas roadshows from today to gauge investor appetite for the Rs.4,000 crore NMDC stake sale.
Cipla: Cipla Ltd has informed BSE that the Nomination and Remuneration Committee of the Company on September 01, 2016 allotted 6,00,000 equity shares of Rs. 2 each pursuant to exercise of the stock options by the options guarantee under Employee Stock Option Scheme 2013.
Indian Oil Corp: Indian Oil Corp is planning to nearly double its refining capacity to 150 million tonnes by 2030 to meet fast expanding energy needs of the country, B. Ashok said.
Aurobindo Pharma: The pharma company expects to launch 19 approved products that have an addressable market of $6.8 billion in the US in the next three quarters.
Allahabad Bank: Allahabad Bank is planning to raise up to Rs.500 crore by issuance of equity shares to qualified institutional buyers.
Mangalore Refinery & Petrochemicals Ltd: MRPL said that it will raise up to Rs.3,000 crore by way of issuing Non-Convertible Debentures (NCDs).
Petronet LNG: The company has reported a 55% increase in quarterly profit on higher volumes and efficiency.
MEP Infrastructure Developers: The company saw its consolidated net profit rise 13-fold to Rs.35.85 crore for the quarter ended June, mainly on account of exceptional items of Rs.54.55 crore.
Vedanta: Vedanta will invest up to Rs.3,000 crore in copper operations to double the capacity to 8 lakh tonnes by 2019, making the firm India's largest producer of the metal.
Bajaj Electricals: The company has launched a new sub-brand '.nxt' to upgrade customers and corporate clients into LED products. The company is manufacturing these products in India.
DLF: DLF has sold its seven remaining cinema screens in Delhi-six in Saket and one in Greater Kailash 2-under its cinema exhibition business to Mexican movie theatre chain Cinepolis for Rs.63.67 crore.
Inox Wind: Inox Wind reported 80% decline in consolidated net profit at Rs.11.82 crore for the quarter ended June 30, 2016. The firm had clocked a net profit of Rs.60.42 crore in the year-ago period.
Coal India: CIL will develop solar power plants of 600 MW capacity in four states, including West Bengal and Maharashtra, under the second phase of its plan to set up a total 1,000 MW green energy plants.
Reliance Capital: The company plans to increase customer base to 50 million from 20 million along with a fivefold expansion of reach to 25,000 cities and towns over the next 3-5 years, Chairman Anil Ambani has said.
Bombay Dyeing & Manufacturing Company Ltd: The company has informed BSE that The Bombay Dyeing & Manufacturing Company Limited (BDMC) has acquired 4.32% of equity share capital (2,24,400 equity shares) of Archway Investment Company Limited(Archway) from minority shareholders.
Cadila Healthcare: The company has received an Establishment Inspection Report (EIR) from the US health regulator for its manufacturing plant in Ahmedabad.
BHEL: BHEL has commissioned the fourth and last unit of the 4x40MW Teesta Low Dam Hydro Electric Project (HEP) Stage-IV in West Bengal.
Telecom stocks in focus: Mobile subscribers can look forward to better times as companies like Bharti Airtel, Vodafone and Idea Cellular are planning tariff cuts, discounts, freebies and value additions to match the onslaught of Reliance Jio, as per media reports.
Tata Motors: Jaguar Land Rover, the British luxury vehicle unit of Tata Motors, is planning to make Land Rover SUVs in India for the local market and exports.
Maruti Suzuki: Maruti Suzuki’s national foray into the light commercial vehicle (LCV) segment will have to wait for the next financial year, as the company is limiting its new-found LCV arm to pilot testing in five states in the current financial year, as per media reports.
Infosys: Infosys Ltd has become the latest Indian IT services company to set up a joint venture with a local company in Saudi Arabia to tap local customers in the Islamic Kingdom, which is using technology to transform itself from being a oil dependent company.
NMDC: Government will kickstart overseas roadshows from today to gauge investor appetite for the Rs.4,000 crore NMDC stake sale.
Cipla: Cipla Ltd has informed BSE that the Nomination and Remuneration Committee of the Company on September 01, 2016 allotted 6,00,000 equity shares of Rs. 2 each pursuant to exercise of the stock options by the options guarantee under Employee Stock Option Scheme 2013.
Indian Oil Corp: Indian Oil Corp is planning to nearly double its refining capacity to 150 million tonnes by 2030 to meet fast expanding energy needs of the country, B. Ashok said.
Aurobindo Pharma: The pharma company expects to launch 19 approved products that have an addressable market of $6.8 billion in the US in the next three quarters.
Allahabad Bank: Allahabad Bank is planning to raise up to Rs.500 crore by issuance of equity shares to qualified institutional buyers.
Mangalore Refinery & Petrochemicals Ltd: MRPL said that it will raise up to Rs.3,000 crore by way of issuing Non-Convertible Debentures (NCDs).
Petronet LNG: The company has reported a 55% increase in quarterly profit on higher volumes and efficiency.
MEP Infrastructure Developers: The company saw its consolidated net profit rise 13-fold to Rs.35.85 crore for the quarter ended June, mainly on account of exceptional items of Rs.54.55 crore.
Vedanta: Vedanta will invest up to Rs.3,000 crore in copper operations to double the capacity to 8 lakh tonnes by 2019, making the firm India's largest producer of the metal.
Bajaj Electricals: The company has launched a new sub-brand '.nxt' to upgrade customers and corporate clients into LED products. The company is manufacturing these products in India.
DLF: DLF has sold its seven remaining cinema screens in Delhi-six in Saket and one in Greater Kailash 2-under its cinema exhibition business to Mexican movie theatre chain Cinepolis for Rs.63.67 crore.
Inox Wind: Inox Wind reported 80% decline in consolidated net profit at Rs.11.82 crore for the quarter ended June 30, 2016. The firm had clocked a net profit of Rs.60.42 crore in the year-ago period.
Coal India: CIL will develop solar power plants of 600 MW capacity in four states, including West Bengal and Maharashtra, under the second phase of its plan to set up a total 1,000 MW green energy plants.
Reliance Capital: The company plans to increase customer base to 50 million from 20 million along with a fivefold expansion of reach to 25,000 cities and towns over the next 3-5 years, Chairman Anil Ambani has said.
Bombay Dyeing & Manufacturing Company Ltd: The company has informed BSE that The Bombay Dyeing & Manufacturing Company Limited (BDMC) has acquired 4.32% of equity share capital (2,24,400 equity shares) of Archway Investment Company Limited(Archway) from minority shareholders.
Cadila Healthcare: The company has received an Establishment Inspection Report (EIR) from the US health regulator for its manufacturing plant in Ahmedabad.
BHEL: BHEL has commissioned the fourth and last unit of the 4x40MW Teesta Low Dam Hydro Electric Project (HEP) Stage-IV in West Bengal.
No comments:
Post a Comment