Here are stocks that are in news today:
Mahanagar Gas IPO-IPO opens today and closes on June 23-Offer for sale of upto 2.47 crore equity shares (issue represent 25 percent of the post issue paid-up capital)-Price band Rs 380-421/share-Looking to raise Rs 938-1,040 crore
Tata Communications-Puts ATM business on block: ET-Eyes valuation of Rs 1,350 crore; approaches buyers in Japan and US
IndusInd Bank-In advanced talks to buy Rs 1,000 crore worth non-performing assets (NPAs) from Spandana Sphoorty Financial: ET-Also looking to buy preferential share of Spandana worth Rs 780 crore
Quick Service Restaurant like Westlife, Britannia and Jubilant Foodworks:-Food regulator removes two additives from the permissible list-Food Safety and Standards Authority of India excludes potassium bromate from the list of permissible additives
Auto companies-Nodal agency may be set up to launch probe into safety issues and recommend recall: ET-Auto companies shunning recall may face penalties
Other stocks and sectors that are in news today:-Aurobindo Pharma USA receives US FDA tentative approval for Efavirenz tablet-Aviation stocks (Jet Airways, SpiceJet, InterGlobe Aviation) in focus: May passenger growth very strong, up 22 percent at 87 lakh passengers-Andhra Bank to raise Rs 1,000 crore from bonds-Nestle looks to launch 25 new products to fend off competition from Patanjali-Indian coffee stocks - Positive for Indian coffee makers as rains spoil Brazil coffee harvest: ET-TCS, Sernova Financial enter into strategic partnership-Reliance Communications/Aircel merger talks extended by a couple of weeks: BS-Kesar Terminals board meeting on June 24 to consider issue of bonus shares-Apollo Hospitals ties Up with Hainan Ecological Smart City Group, China to build a state-of-the art hospital in Hainan Province, China-Quick Heal launches cyber security consulting and education services named ‘Seqrite Services’ and ‘Quick Heal Academy’-GOL Offshore gets shareholder nod to convert loan into equity-Government leaves interest rate for small savings schemes for July-September unchanged-Essel Group - GS Fund to invest USD 250 million in Essel Highways: ET
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