IDBI Bank | Oberoi Realty | Power Grid Corporation | Dilip Buildcon | DHFL | Nalco and Premier Explosives are stocks which are in the news today.
Here are stocks that are in the news today:
Hindustan Unilever: Company told CNBC-TV18 that it has taken price reductions in range of 4-6 percent in Lux & Lifebuoy portfolio and the price reduction may be higher on certain packs in order to pass on benefits to consumers.
Allahabad Bank: Lender will offer repo-linked home & MUDRA loans from September 1.
IDBI Bank: Rating Agency S&P placed bank on credit watch negative due to capital breach.
Oberoi Realty: Income Tax team has left company's premises and company fully co-operated, responded to clarifications sought by I-T Authorities. Normal day-to-day business activities have resumed fully.
Power Grid Corporation: Board approved investment in a solar project in Rajasthan worth Rs 2,578 crore and appointment of KSR Murty as CFO with immediate effect.
Emco: The National Company Law Tribunal appointed Kedarram Ramratan Laddha as Interim Resolution Professional under the provisions of the IBC.
Indosolar: Ved Prakash Roy has been appointed as the Company Secretary and Compliance Officer of the company.
Omaxe: Seema Prasad Avasarala, Non-Executive & Non Independent Director of the company resigned.
Sambandam Spinning Mills: India Ratings & Research affirmed its credit rating on term loan at BBB-/Stable.
Shreeji Translogistics: Company recommended issue and allotment of fully paid bonus shares, in the ratio of two equity shares for every one equity share held by shareholders.
Frontline Securities: Company appointed Gauri Shanker Pandey as Chief Financial Officer and Whole Time Key Managerial Personnel.
Bal Pharma: ICRA revised credit rating on company's long term fund based facilities to BB+ from BBB.
NALCO: Appoints GNS & Associates as joint statutory auditors of company for year 2019-20
ABC India: CARE revised rating for company's long term credit facilities from BB+/Stable to BBB-/Stable.
Future Enterprises: Acuite Ratings & Research reaffirmed its credit rating on company's commercial paper at A1+.
Future Retail: Acuite Ratings & Research reaffirmed its credit rating on company's commercial paper at A1+.
Premier Explosives: Company's new solid propellant plant at Katepally, near Hyderabad has been inaugurated.
Dilip Buildcon: Company received the appointed date (August 24) for Saoner-Dhapewada, EPC project in Maharashtra from the National Highways Authority of India.
DB Realty: Promoter created a pledge on 40 lakh shares in favour of Anand Rathi Global Finance.
Nalco: Company appointed GNS & Associates as joint statutory auditors for financial year 2019-20.
DHFL: Board will consider issuing shares after debt conversion on August 30.
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