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Time to reset economy

Last Updated : Oct 03, 2017 09:39 AM IST | Source: CNBC-TV18

Stocks in the news: Dr Reddy's, Tata Motors, SBI Life, RComm, TCS, PNC Infra, Cadila

Dr Reddy's Labs | Tata Motors | SBI Life Insurance | Reliance Communications | Suzlon Energy | TCS | PNC Infratech | Jubilant Life | Peninsula Land | Indiabulls Ventures | NIIT Technologies | Power Grid | ONGC | HPCL | Cadila Healthcare | Gulf Oil and Alok Industries are stocks, which are in the news today.


Here are stocks that are in news today:

Gas Price
-Government raises price of locally-produced gas to USD 2.89/mmbtu

-Price of locally-produced gas raised to USD 2.89/mmbtu for the period from October 2017 to March 2018

Telecom Commission - Sources
-Telecom Commission approves extension of deferred payment schedule to 16 years

-Telecom Commission approves migration from PLR regime to MCLR plus 400bps regime

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SEBI
-Defers implementation of directive on companies informing bourses of loan default

-Implementation of directive on loan default deferred until further notice

Reliance Communications says
-Punit Garg has been appointed as executive director w.e.f October 2
-Manikantan V has been appointed as CFO & Director of the company w.e.f October 2

-Reliance Communications calls of merger with Aircel

September auto sales (YoY)
-Eicher Motors' Royal Enfield sales increase 22 percentg at 70,431 units
-Eicher Commercial Vehicle sales up 26 percent at 60,083 units
-Bajaj Auto sales up 14 percent at 4,28,752 units
-Tata Motors sales up 19 percent at 57,852 units
-Tata Motors domestic sales up 25 percent at 53,965 units
-Maruti Suzuki sales up 9.3 percent at 1,63,071 units

-Atul Auto up 2.85 percent at 4,799 units

Other stocks and sectors that are in news today:
-SBI Life Insurance lists today
-Jet Airways, SpiceJet, InterGlobe Aviation in focus as jet fuel prices hiked by 6 percent
-Dr Reddy's Labs launches Sevelamer carbonate tablets in US, used to treat kidney diseases
-Suzlon Energy says Sanjay Baweja resigns as CFO
-PNC Infratech bags Chakeri-Allahabad hybrid annuity highway project of Rs 2,159 crore
-MOIL increases price of various grade of manganese ore by 7.25 percent w.e.f October 1
-Godrej Properties adds a new residential project in Pune
-Peninsula Land has entered into an agreement to sell the property of the company situated at Pune
-SAIL - CARE revises rating to AA- negative from AA on long term bond programme
-Indiabulls Ventures to raise upto Rs 2,000 crore, through rights issue to meet the funding requirements and to support future growth of consumer finance and assets reconstruction businesses carried out by the company
-Jubilant Lifesciences receives approval from Health Canada for the RUBY Elution System (RbES) and proprietary RUBY Consumable Accessories
-Alok Industries has executed an agreement with ECL Finance for interim financing for an amount upto Rs 150 crore
-Sintex Industries approves allotment of 81 lakh shares Equity Shares of to FCCB bonds holder upon exercise of their conversion right
-Gulf Oil proposes to set up green field facility Valsad, with a capacity of 100,000 KL at cost of Rs 75 crore
-Sangam Advisors has been awarded letter of intent by railways for implementation of 3.3 MWp roof top solar power project
-Cadila Healthcare's Zydus receives final approval from the USFDA for Doxycycline for injection USP
-HPCL wins Rs 806 crore award against Malaysia’s M3Energy
-Cochin Shipyard looking for a expansion worth Rs 1,800 crore
-ONGC gets green clearance for Rs 456 crore drilling project in Assam
-Stahl India buys BASF’s leather chemical business for Rs 198 crore
-GIC seeks CCI nod for Rs 8,900 crore deal with DLF promoters
-Power Grid enters into a term loan agreement for Rs 3,270 crore with ICICI Bank
-TRAI Counsel says no settlement of IUC charges for telecom companies will happen before November
-NIIT Tech appoints Gautam Samanta as its Europe head
-EESL to procure 10,000 electric vehicles from Tata Motors
-TFCI stake sale: Buyers in TFCI include Redkite Capital & Sajeeve Thomas
-Indraprastha Gas gets shareholders' approval for sub-division of shares
-Government deadline to sell pre-GST goods extended by 3 months to December 31
-Shashi Shanker took charge as ONGC CMD on October 1-ICICI Bank keeps MCLR-based lending rates unchanged in October

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First Published on Oct 3, 2017 08:27 am
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