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Stocks in news: Zee Enter, ECE Inds, Bharti, Cranes Soft
Zee Entertainment | ECE Industries | NTPC | GTL | GVK | Bharti Airtel | Cranes Software | Rallis India | Future Ventures | JK Paper and Simbhaoli Sugars are stocks, which are in the news today.
Board Meets: - JK Paper to propose a rights issue - Simbhaoli Sugars to consider hiving off its power business into Simbhaoli Power subsidiary of the company
Textile cos: Sources -CCI probing alleged cartelisation by textile companies -CCI probing nearly 18 synthetic fibre manufacturing companies -Companies include Bombay Dyeing , Century Rayon, among others -Companies include Grasim Industries , ModiPon, Among Others
Apollo Hospital QIP book launched: Sources -Apollo Hospital looking to raise Rs 320-350 crore via QIP -Enam, Citigroup & Nomura Bankers to apollo Hospital QIP
Other stocks and sectors that are in news today: -Stock Split: Rallis India from Rs 10/sh to Re 1/sh -F&O Ban: ABG Shipyard , Kingfisher Airlines - Future Ventures has made an additional acquisition of 5.1% stake in its subsidiary company Indus League clothing - Shipping Corp signs shipbuilding contract with China Co - Cranes Software in loggerheads with offshore investors holding FCCB's with Bank of New York Mellon begins proceedings on behalf of the selected investors (ET) - GVK 's plan to run Bangalore International Airport hits hurdles as its current stakeholder Siemens is scouting for other buyers after a disagreement over valuation with the company (ET) - Bharti Airtel to provide an exit option for its minority JV partner Telecom Consultants of India currently holding 30% in the JV (ET) - NTPC not to go ahead with its 1320 mw plant Bengal project with an investment of at least Rs 8000 crore (BS) - GTL likely to go for debt restructuring to see an equity infusion of Rs 2000 crore (BS) - ECE Industries to buy back a maximum of 8.7 lakh shares at Rs 145/sh ((CMP: 113.30)) - Zee Entertainment to buy back a maximum of 5.5 crore shares at Rs 126/sh ((CMP: 127.65)) -Bombay HC asks Adani Group to withdraw its petition for not the giving the security clearance for developing & operating a new container terminal at Jawaharlal Nehru airport (Mint) -Hero pays Rs 811 crore tax on Honda stake buyout - DNA
