Bharti Airtel, Petronet LNG, Cadila Healthcare among 14 Stocks in focus today

Check out the companies which will be in focus during trade today based on recent and latest news developments.

IOC, BPCL, HPCL: ​Petrol price has been cut by 63 paise per litre while diesel will be cheaper by Rs 1.06, effective midnight. A report says IOC has announced the cut in prices and other companies will follow suit.
Yes Bank: The Bank has successfully raised Rs. 1,500 crore of Basel III compliant Tier II bonds. The issue was closed on December 31, 2015.

Cadila Healthcare: Reacting to the warning letter issued by the US drug regulator, Cadila Healthcare said that it will request to the US FDA to reinspect Moraiya plant to review remediation, according to media reports. 

Bharti Airtel: The telecom company said it has acquired the balance 26% stake in Augere Wireless, which holds 4G spectrum in Madhya Pradesh, making it a wholly-owned subsidiary of the company.

Future Consumer: Future Consumer has announced that it will consider re-alignment of the distribution business of the company.

IOC, Petronet LNG: Indian Oil Corporation Ltd has informed BSE that the Company has entered into a binding Gas Sale and Purchase Agreement (GSPA) with Petronet LNG Limited (PLL) for supply of an additional quantity of 0.3 MMTPA of RLNG with effect from January, 2016.

Canara Bank: Canara Bank has informed BSE that as per the powers delegated by the Board of the Bank, the Bond Committee has decided to raise Basel III Compliant Tier-II Bonds amounting to Rs. 1500 Crore by way of Private Placement. Gammon India: Lenders led by ICICI Bank are now looking at investment in Gammon arms, as per media reports. Bankers have ​reportedly ​already sold 74% in one subsidiary and are close to selling 74% in another subsidiary to a consortium of non-resident Indians.

IDBI Bank: IDBI Bank has mobilised Rs. 1000 crore through issue of Basel III Compliant Tier 2 bonds on private placement basis to strengthen Bank's capital adequacy.

Housing Development Finance Corporation Ltd: Housing Development Finance Corporation Ltd has announced that ​Profit on Sale of Investments for the quarter ended December 31, 2015 was Rs. 57 crore compared to Rs. 113 crore in the corresponding quarter in the previous year.

Corporation Bank:The bank has allotted over 2.8 crore shares on a preferential basis to LIC to raise around Rs 143 crore.

Piramal Enterprises Ltd: Piramal Enterprises has informed BSE that a meeting of the Committee of Directors (Funding) of the Company will be held on January 05, 2016 to consider and approve the issue of secured non-convertible debentures amounting upto Rs. 500 crores.