Moneycontrol
Mar 20, 2017 09:10 AM IST | Source: CNBC-TV18

Stocks in news: HCL Tech, Kotak Bank, OIL, EIL, Dena Bank, HSIL, Marico

HCL Technologies | Kotak Mahindra Bank | Oil India | Engineers India | Dena Bank | HSIL | Marico | Havells India | Allahabad Bank | Future Lifestyle and Future Consumer are stocks, which are in the news today.


Here are stocks that are in news today:

Dena Bank
-Government to infuse Rs 600 crore as part of turnaround linked infusion plan

-Board approval to raise capital on preferential basis being obtained

Smartlink Network
-Board approves application to categorise company as NBFC due to transfer of business

-Approves acquisition of 1 crore shares issued by Digisol Systems

HSIL
-Rajasthan Pollution Control Board ordered shutdown of Kaharani unit in Rajasthan on March 14
-Kaharani unit manufactures faucets
-Closure of Kaharani unit will not impact sales currently

-Initiated legal recourse against Rajasthan Pollution Control Board

Eicher Motors
-Arm VECV sells 100 percent stake in its subsidiary Eicher Engineering Solutions for USD 1.85 million

-Stake in Eicher Engineering Solutions sold to Segula Tecnologias Espana

Other stocks and sectors that are in news today:
-HCL Technologies, Engineers India, Oil India board meetings to consider a buyback proposal
-Piramal Enterprises completes acquisition of portfolio of pain management drugs from Mallinckrodt
-Kotak Mahindra Bank seeks shareholder nod to hike FII investment to maximum 49 percent
-Marico to acquire 45 percent equity stake in Zed Lifestyle
-Allahabad Bank to raise Rs 300 crore via Tier 1 perpetual bonds
-Havells India approves issue of commercial papers to Yes Bank worth Rs 150 crore
-IndusInd Bank proposes to raise perpetual Basel III compliant bonds worth Rs 1,000 crore
-Aditya Birla Fashion's Forever 21 opens first store in West Bengal at Siliguri
-Marathon Nextgen board approves buyback worth Rs 149.5 crore at Rs 275 per share
-Future Lifestyle incorporates unit FLFL Lifestyle Brands
-Future Consumer allots non-convertible debentures (NCDs) worth Rs 50 crore via private placement
-Dredging Corporation circuit filter revised to 10 percent
-NTPC commissioned second unit of Mouda Super Thermal Power Station stage-II
-Indian Bank approved capital raising by issue of 4.75 crore equity shares via various options
-Bank of India board meeting on March 30 to approve issue of capital by preferential issue to GoI & LIC
-Hindustan Organic Chemicals approved transfer of plant to ISRO, stoppage of 2 plants and disposal of 7 plants
-IRB Infrastructure completed acquisition of additional 26 percent stake in MVR Infra
-Ajanta Pharma approved amalgamation of Gabs Investment with self
-Welspun India in focus - Smriti Irani inaugurates Welspun Advanced Textiles plant in Anjar, Gujarat
-Indiabulls Real Estate's proposal to issue NCDs worth Rs 100 crore
-IDBI Bank board meeting on March 21 to consider preferential issue of capital
-Autolite to consider conversion of 6 lakh warrants to 6 lakh equity shares
-Maruti Suzuki bets on new launches to surpass FY17 growth: BS-ONGC signs pact to buy GSPC's KG-D6 block for USD 1.2 billion
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