Stocks in news: Ranbaxy, Dena Bank, Eveready, Axis Bank
Ranbaxy Labs | Jaiprakash Associates | UltraTech Cement | Dena Bank | Vijaya Bank | Essar Oil | Eveready Industries | Religare Enterprises | HCL Technologies | Axis Bank | HDFC | M&M Financial | Divis Labs and Indiabulls Real are stocks, which are in the news today.
September 20, 2013 / 10:45 IST
Here are stocks that are in news today:
FTSE rebalance today
-HDFC, M&M Financial, Divis Labs and Indiabulls Real Estate will see buyingTata-Singapore Airlines joint venture (JV):
-JV formed to establish new airline in India
-JV applied for Foreign Investment Promotion Board (FIPB) approval to set up new airline in India
-New airline will be based out of New Delhi
-New airline will operate under full service model
-Tata Sons to hold 51 percent stake; Singapore Airlines to hold 49 percent
-Chairman of new airline will be Prasad Menon
-Tata Sons nominates chairman of new airline
-Initial board of new airline will have three members
-Two board members nominated by Tata Sons, one by Singapore Airlines
-Board to include Mukund Rajan, Mak Swee Wah and Prasad Menon
-Tata Sons to continue with Airasia JV
-Airasia India to be a low cost carrier
-JV not to compete with Airasia IndiaSingapore Airlines says:
-Strong believer in India’s aviation sector
-Excited about opportunity to partner Tata Sons
-Joint venture airline to help stimulating market demandAviation Minister Ajit Singh:
-'Tata Sons informed me of applying for FIPB nod'
-Aviation rules do not mention if a company can own two airlinesOn CNBC-TV18 Kapil Kaul says:
-Tatas should not have problem in holding stake in two airlines
-Tatas have limited role in Airasia IndiaFIPB:
-Clears proposals of HCL Technologies and Axis Bank to up FII investment limit
-Clears HCL Tech's proposal to up FII investment limit
-Okay’s Axis Bank's proposal to up FII Investment limit to 62 percent from 49 percentFIPB clears Shanta Biotech's FDI proposal worth Rs 755 crore: Sources
Alert: Sanofi will now hold 100 percent stake in Shanta BiotechCNBC-TV18 Exclusive: Finance ministry sources say:
-Will begin divestment agenda with markets doing well
-Indian Oil investor meets to begin next month
-Indian Oil, Engineers India issues before December 15
-Decision on if Coal India will be divestment or buyback contingent on resolution of strikeTata Steel:
-Announces new leadership structure
-Appoints TV Narendran as MD- Designate, India & SE Asia
-Appoints Koushik Chatterjee as Group Executive Director (Finance & Corporate)
-New appointments effective from November 1
-TV Narendran to succeed HM Nerurkar as MD- India, SE AsiaReligare Enterprises:
-Promoters cut stake in company by 6.13 percent
-New Horizon Fund, CB Green Ventures buy promoters' stake
Alert: Promoters cut stake in company to meet RBI guidelines for banking licenseEveready:
-Ups pencil size battery price by Rs 5 per strip of 10 batteries
-Ups D size battery price by Rs 10 per box of 20 batteriesOther stocks and sectors that are in news today:
-Fresh trouble for Ranbaxy, US Plant under FDA lens: Reports
-Suit against Jaiprakash Associates-UltraTech Cement deal, Gujarat HC orders
-Dena Bank, Vijaya Bank to be excluded from F&O Contracts from November 29
-Promoter Essar Energy ups Essar Oil stake to 19.8 percent versus 15.5 percent on September 17
-Reliance Communications President CS Rao re-elected as AUSPI President
-CBI verifying facts in NSEL case: PTI sources
-Crown Capital buys 4.74 percent stake in SKS MicrofinanceCabinet Committee on Economic Affairs (CCEA) to mull setting up of 9 mtpa HPCL refinery in Barmer: CNBC-TV18 exclusive
CCEA meet likely today:
-HPCL Barmer refinery to be set up as JV with Rajasthan government
-CCEA to mull continuation of power cluster development scheme
-CCEA to consider continuation of Silk board schemes
-CCEA to give final nod to four laning of NH37 from Numaligarh to DibrugarhRBI on banks:
-Relaxes norms for opening branches in Tier-1 Centres
-Must open 25 percent of branches in unbanked Tier V, VI areas
-Branches in Tier I cities cannot exceed Tier II-VI
-To incentivise banks for opening branches in unbanked areas Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
