Mar 16, 2017 08:58 AM IST | Source:

Stocks in news: HCL Tech, SBI, Bharti Infra, Coromandel, NIIT Tech, Wockhardt

HCL Technologies | Wipro | SBI | Bharti Airtel | Bharti Infratel | Coromandel International | BS Limited | MEP Infra | Wockhardt | Jyoti Structures | Manpasand Beverages | Zee Entertainment | NIIT and NIIT Technologies are stocks, which are in the news today.

Here are stocks that are in news today:

Coromandel International & Nagarjuna Fertilisers
-Coromandel in talks to buy Nagarjuna Fertilisers

-Successful deal likely between Rs 3,000-3,500 crore

Idea Cellular says
-No proposal to demerge tower business as reported by the media is being considered by board

-Constantly evaluate various opportunities for enhancing shareholder value

-Board approves raising of Rs 15,000 crore equity via FPO, rights issue, QIP, GDR
-Board approves infusing Rs 1,160.04 crore in credit card JVs to increase stake to 74 percent
-Credit card JVs are SBI Cards & GE Capital Business
-SBI & CREDAI sign MoU, to work towards providing housing for all

-Q4 advance tax numbers: Sources say SBI likely to have paid Rs 1,621 crore versus Rs 687 crore (YoY)

Ballarpur Industries
-Clarifies regarding news ‘Taurus MF to approach SEBI on BILT default’

-In talks with investor & will take steps to resolve issue amicably

Bharti Airtel says
-Have decided not to monetise controlling stake in Bharti Infratel

-To sell/transfer up to 40 crore Bharti Infratel shares to unit or investors

Other stocks and sectors that are in news today:
-Cipla gets tentative US FDA nod for Darunavir Ethanolate
-Texmaco Rail's listing of new securities post amalgamation
-Bharat Electronics' ex-date for stock split from Rs 10 to Re 1 per share; F&O lot size revised to 4500
-Kushal Tradelink's ex-date for 1:1 bonus issue
-There will be no dealing in State Bank of Bikaner and Jaipur, State Bank of Mysore and State Bank of Travancore due to amalgamation with SBI
-Escorts - ICRA upgrades long term rating from A- to A
-Career Point - CARE assigns long term rating of A
-Havells - CARE assigns short term rating of A1+
-Hindusthan National Glass - CARE downgrades rating from BB to B+
-Zee Entertainment approved acquisition of 80 percent stake in Margo Networks for Rs 75 crore
-Kalpataru Power approved issue of non-convertible debentures (NCDs) worth Rs 100 crore
-Bank of India raised NCDs worth Rs 1,000 crore
-Mahindra Lifespaces board meeting on March 20 to decide ratio and price of rights issue
-HCL Technologies board meeting on March 20 to consider buy back proposal
-NIIT & NIIT Technologies received proposal from PIPL Advisors & GCPL Advisory to merge with self
-Beardsell approved 5:1 stock split and 1:5 bonus issue
-Manpasand Beverages to set up plant in Sri City with investment of Rs 150 crore
-Jyoti Structures to sell stake for repayment of loans
-Wockhardt seeks G-20 aid for antibiotics
-MEP Infra completes closure of five HAM projects
-Wipro opens automotive engineering center in Detroit
-Delhi HC reserves judgment on RBI’s objection on DoCoMo’s USD 1.17 billion payment
-MphasiS board approves share buyback price of Rs 635/share
-Venus Remedies board meet on March 18 to allot 9 lakh shares to promoters on warrant conversion
-Bajaj Auto says status of Madhur Bajaj changed from whole-time director to non-executive director
-BS shareholders approve dilution of stake or control in units of company-Wipro partners with Harte Hanks to offer marketing technology services
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