Here are stocks that are in news today:
ONGC Chairman Dinesh K Sarraf says
-May consider selling shares of IOC & GAIL to fund acquisition of HPCL
-Have not decided the mode of financing the HPCL acquisition
-In consultation with DIPAM on the timing of HPCL acquisition
-Not considering any premium over HPCL's market price
-ONGC-HPCL deal likely by December 2017
Godrej Properties
-To develop residential project in east Bengaluru
-East Bengaluru project to offer approximately 1.25 lakh square meters of saleable area
Prince Pipes & Fittings IPO
-Files for IPO for shares up to Rs 700 crore
-Comprises fresh issue of shares up to Rs 500 crore
-Comprises offer for sale of shares up to Rs 200 crore
Other stocks and sectors that are in news today:
-Bharat Electronics, BHEL, Bharat Forge to go ex-bonus today
-Jindal Steel & Power board to meet on October 3 to consider fund raising by way of equity shares/warrants on preferential basis
-Sterlite Technologies launches 5G Ready smarter network technology at IMC 2017
-GE Power India gets contract worth Rs 328 crore from Doosan Power Systems
-Ashiana Housing entered into MOU for development of group housing project in Pune
-Andhra Bank revised its base rate from 9.70 percent to 9.55 percent
-United Bank of India approves allotment of BASEL III compliant tier 2 bonds for Rs 150 crore on private placement basis
-Power Grid announced commissioning of 'WR-NR HVDC interconnector for IPP projects in Chhattisgarh'
-Lakshmi Vilas Bank board approves raising of fund via right issue for an amount upto Rs 800 crore
-United Tech sells its minority stake in Cyient
-IDBI Bank sells 9 percent stake in SIDBI
-APL Apollo Tubes entered into a JV with Singapore-based One to One Holdings PTE, for manufacturing of in-line galvanized tubes
-Vista Pharma board to meet on September 30 to consider fund raising options
-Mandala Rose Investment acquired 3.62 crore shares (7.26 percent) in Jain Irrigation
-Deep Industries got an order worth Rs 2.2 crore from ONGC
-Government plans to sell stake in ONGC oilfields to private firms: ET
-Air India ties up with PNB & IndusInd Bank for Rs 3,250 crore of loan
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