Here are stocks that are in news today:
Tata Steel
To expand Kalinganagar capacity by 5m tons per annum to 8 MTPA
The project will cost Rs 23,500cr
Total capacity post expansion will be 18 MTPA
Board approves raising funds up to Rs 12,800 crore via rights issue
HDFC
Approves subscription to securities by HDFC Bank on pref basis for up to Rs 8,500 Cr
Board approves raising up to Rs 13,000 cr capital
To use cap to explore opportunities in health insurance with HDFC Ergo
Looking at opportunities in Resol & acquisition of stressed assets in real estate
Setting up funds to invest in affordable housing projects
Coal India to introduce evacuations facility charges at 50/ tonne for dispatch of coal
Company will generate additional revenue of Rs 2500 cr for the full year and Rs 800 cr for the balance period of 2017-18
Bharat Financial Inclusion and IndusInd Bank
Competition Commission of India approves the proposed amalgamation of Bharat Financial Inclusion with IndusInd Bank
Jaypee Infratech - State Bank of India has invoked the pledge of 10 Crore Equity Shares
Welspun Enterprises
Co. to not invest in NBFC and instead remain focused on Infrastructure business.
WEL had invested 1.3cr in NBFC which will be sold to promoter entity at book value
Shoppers Stop
Board approves appointment of Rajiv Suri as CEO w.e.f. January 9
Board approves resignation of Sanjay Chakravarti as CFO
Other stocks and sectors in the news today
Indorama Ventures announces amalgamation of its 4 JV cos in India & IVL Dhunseri Petro to be the surviving entity
Edelweiss Financial to buy Religare's securities business which includes securities & commodities broking & depository participants services
Max Ventures gets shareholder nod for cancellation of area purchase agreement with Piveta Estates & Boulevard
DHFL proposes to issue NCDs worth Rs 75 cr including Greenshoe option of up to Rs 300 cr on private placement basis
Bharti Airtel: Cost of acquisition of Tigo Rwanda based on approx 6x EBITDA multiple
Ruchi Soya says corp insolvency resolution process initiated for co as per IBC
Amara Raja invests Rs 700cr in battery unit in Andhra Pradesh: BS
NDTV to cut workforce up to 25% for turnaround
Bhushan Power, Electrosteel, Monnet Ispat - IBC resolution of steel firms pushed to FY19: BS
Bharti Airtel deposits interim penalty of Rs 2.5 crore with UIDAI - TOI
Reliance Jio, Tata Tele - CAG Finds 5 telecom firms including Reliance Jio, Videocon, Tata Tele, Telenor understated revenue by Rs 14,800 cr - Outlook
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