Here are stocks that are in news today:
Listing today
-MT Educare, issue price Rs 80/share
-NBCC, issue price Rs 106/share
February IIP today
CNBC-TV18 expects 6.7% versus 6.8% (MoM)
(Range: 4.2% to 9.5%)
Delhi HC to hear IGL-PNGRB case on April 19
Indraprastha Gas (IGL) counsel says
-No coercive action by PNGRB on pricing till next hearing
PNGRB Counsel
-IGL to levy fee fixed by PNGRB for now
-Only reduced transportation component
Jet Airways says
-Company owes Rs 22 crore to Bangalore airport
-Payments delayed due to rising fuel costs, rupee depreciation
-Arrears largely backed by bank guarantees
Finance Ministry sources say
-S&P meetings with Finance Ministry officials continue today
-S&P raised questions on fiscal deficit projections & USD 1 trillion infra investment target
Novelis (subsidiary of Hindalco) to set up automotive sheet manufacturing plant in China
-Novelis to invest USD 100 million to set up 120,000 tonne/year china plant
FDI in Pharma
-Government removes automatic nod for all brownfield pharma FDI
-All brownfield FDI in pharma to go through FIPB
-FIPB to continue vetting FDI in existing pharma companies
-Government had earlier introduced temporary measure of FIPB nod
-CCI yet to formulate policy for M&A in pharma sector
-100% FDI in green field projects allowed via automatic route
TDSAT to hear petition by Reliance Infratel overdue payments from Etisalat
Alert: Reliance Infratel has made claim of Rs 1,600 crore
Other stocks and sectors that are in news today:
-Japan's MS&AD Insurance close to buying 26% stake of New York Life in Max Life JV for USD 544 million – Agencies (press conference today)
-CCI to come out with final report on cement cartel in 15 days
-HCL Infosystems eyeing partner for manufacturing operations, in talks with 2-3 companies to sell stake: Sources
-Vakrangee Software goes ex bonus 1:1, stock split from Rs 10 to Re 1
-Sahara Sports likely to buy 20% stake in Talwalkars Fitness- ET
-Ashok Leyland via its subsidiary Avia Ashok Leyland to enter UK’s mid-range truck market- BS
-Aviation ministry moots ECB working Capital cap at USD 2 billion- FE
-Piramal Healthcare to sell knee-pain drug BST CarGel in Europe, to generate revenue of USD 200 million- ET
-Mukta Arts: Supreme Court dismisses company's appeal on film city land pact
-Siemens announces amalgamation of Siemens power engineering with self
-GMR Infrastructure allots 3500 secured non-convertible debentures aggregating to Rs 350 crore to ICICI Bank
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!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.