Here are stocks that are in news today:
Results Today: GSK Pharma, Glenmark Pharma, IL&FS Transportation, Shriram Transports, UCO Bank, Allahbad Bank, Ceat, DHFL, Oracle Finance, Sintex Industries, Atul, Brigade Enterprises, Hindustan Motors, Jubilant Life, Mandhana, RPG Life, Rushil Décor, Spectrum Food, TCI Finance, Vinati Organics
Den Networks
-To issue equity shares worth USD 110 million via preferential allotment to Goldman Sachs and affiliates
-Opens qualified institutional placement (QIP) issue, sets floor price at Rs 217.23/share
-QIP to raise USD 50 million
-QIP to constitute 9.3 percent of pre-issue capital
Infosys: CNBC-TV18 exclusive sources
-To hive off Mysore campus as a separate arm
-Likely to enter IT training & education
-To monetize training at Mysore Campus, GEC-2
-GEC-2 to be utilized to train employees across IT sector
Alert: Infosys to be first IT services company to enter IT education & training
-Pricing for training will be done on a per package basis
Infosys says:
-'We have been continually exploring new service lines'
-'We are considering enterprise capability and knowledge management'
Tata Tele:
-SEBI okays relaxation in offer for sale norms for company
Tata Tele says
-Maximum allocation limit of 25 percent of the size of offer for sale (OFS) to a single investor has been relaxed
-Company has been permitted to undertake 2 successive offers with a gap of minimum 3 days
-Restriction with respect to 12-week cool off period has been relaxed
Other stocks and sectors that are in news today:
-
Parshwanath Corporation board approves bonus issue in ratio of 1:5
-
Godrej Properties board to mull rights issue on May 9
-
Jolly Boards plans delisting, sets indicative price of Rs 350/share
-
SMS Pharma buy back at maximum Rs 300/share
-
Fairfield Atlas plans delisting, indicative floor price Rs 135.82/share
-
AstraZeneca to receive up to Rs 140 crore grant from promoter over the next 3 years
-CBI says changes made in
coal draft report at the instance of Law ministry, PMO and Attorney General
-Banks sells
Kingfisher Airlines (KFA) assets, recovers Rs 1000 crore
-Govt looking to sell 10 percent stake in
Coal India, looking to raise Rs 20000 crore
Lanco Industries Q4
-Net profit at Rs 14.1 crore Vs Rs 14 crore (YoY)
-Net sales at Rs 232.8 crore Vs Rs 207.3 crore (YoY)
Emami Q4
-Consolidated net profit at Rs 94 crore
-Net sales at Rs 451 crore
-Company seeks shareholders’ nod for bonus issue of 2:1
