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Stocks in news: Mah Satyam, Shree Cem, Jubilant Life, DLF
Emami | Mahindra Satyam | Shree Cement | HPCL | Jubilant Lifesciences | Nissan Copper | Winsome Yarns | DLF | Tata Motors and PI Industries are stocks, which are in the news today.
Tata Motors -July global sales down 6% at 85,392 units (YoY) -July global CV sales up 16% at 47,238 units (YoY) -July global passenger vehicles down 24% at 38,154 units (YoY)
CCI on DLF -DLF to cease imposing unfair terms on buyers in Gurgaon -DLF fined Rs 630 crore by CCI for abusing dominant position
Man Industries promoters exploring possibility of amicable settlement -More clarity on possible settlement in 1-2 weeks -JC Mansukhani had moved CLB Mumbai on suspension by company
Other stocks and sectors that are in news today: -Listing of Indiabulls Wholesale Services pursuant to scheme of arrangement w.e.f August 18 -Oil marketing companies rule out cut in petrol price for now (ET) -Govt allows Reliance Life Insurance to sell 26% stake to Japan based Nippon Life insurance but asks IRDA to frame a common policy before approving the deal (ET) -Emami set to complete its Rs 1000 crore acquisition in three months also in final stages of talks with companies in India & abroad including personal care business of Paras Healthcare for acquisition (ET) -SRS Ltd IPO of 3.5 crore equity shares with a price band of Rs 58-65/sh opens on August 23 -Mahindra Satyam bags a contract from IRDA for an integrated surveyor licensing management system for around Rs 40 crore (FE) -Jaypee Cement & Shree Cement are among 10 cement companies likely to be probed for suspect cartelization (BL) -HPCL exploring overseas acquisitions & plans to invest Rs 3000 crore towards exploration & production efforts through Prize petroleum co (Mint) - Jubilant Lifesciences signs a long term supply agreement in proprietary products business with an International life sciences co valued at over USD 80 million for three years -Ex Dividend: L&T Rs 14.5/sh, GAIL Rs 5.5/sh, BASF India Rs 8/sh, JBF Ind Rs 8/sh -F&O ban: Deccan Chronicle, Gitanjali Gems, KS Oils, Suzlon -Ex Stock split: PI Industries from Rs 10/sh to Rs 5/sh -Nissan Copper board to consider reverse stock split of shares -Winsome Yarns to consider allotment of 1.2 crore equity shares of Rs 10 on conversion of warrants -Exclusion in F&O Contract: Nagarjuna fertilizers w.e.f August 26
