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Last Updated : Jun 14, 2017 10:07 AM IST | Source: CNBC-TV18

Stocks in the news: Dr Reddy's, Wipro, M&M, Emkay, Gitanjali, MMTC, Hexaware, MCX

Dr Reddy's Labs | Wipro | Mahindra and Mahindra | JSW Steel | Emkay Global | Kellton Technologies | Magma Fincorp | BHEL | Gitanjali Gems | MMTC | Hexaware | Greaves Cotton | MCX and Reliance Communications are stocks, which are in the news today.


Here are stocks that are in news today:

Reliance Communications
-Reliance Communications-Brookfield tower deal likley to close by next month

-Company said to approach Citic for sale of GCX business

Tata Motors
-Appoints Girish Wagh as head of commercial vehicle business & member of executive committee
-Girish Wagh will take charge of new responsibilities with immediate effect

-Girish Wagh will continue to oversee M&HCV business

Close
MCX in focus
-SEBI issues guidelines on options on commodity futures trading
SEBI
-Bourses allowed to launch one option contract on pilot basis
-Rs 1,000 crore daily turnover must for non-farm options
-Rs 200 crore daily turnover must for options on farm futures
-Options to be allowed only for top 5 traded commodity futures

-Position limits in commodity futures, options to be separate

Greaves Cotton
-Inks pact with Pinnacle Engines to grant license

-Grants license for manufacturing & sale of internal combustion engines

Dr Reddy's Laboratories
-API manufacturing plant at Miryalaguda receives EIR from the US FDA

-Miryalaguda manufacturing plant was issued Form 483 with 3 observations on February 21

Other stocks and sectors that are in news today:
-Glenmark gets tentative US FDA nod for Saxagliptin tablets (used for treating type-2 diabetes)
-Mahindra & Mahindra approves sale of part shareholding in Mahindra Logistics through IPOs
-JSW Energy appoints Prashant Jain as MD & CEO
-Ashok Leyland allots 8.06 crore shares of Ashok Leyland to shareholders of Hinduja Foundries
-Wipro acquires Drivestream inc, a management and IT consulting firm specializing in Oracle Cloud services
-JSW Steel reports crude steel production at 13.57 lakh tonnes for May 2017, growth of 1 percent YoY
-Emkay Global signs an agreement for co-branding and distribution of equity research with DBS Vickers
-Kellton Tech partners with BEC, a leading provider of automated data capture and voice solutions
-Adani Transmission releases pledge on 3.03 crore shares
-Gammon Infra board meeting for approval of results adjourned to June 14
-Filatex India - CARE upgrades long term bank facilities to BBB+
-Magma Fincorp board meeting on June 20 to consider and approve merger of Magma Advisory Services
-Infosys flags activist shareholders as risk in SEC filing
-BHEL to get out of its Kasargod JV: FE
-Gitanjali arm Nakshatra gets SEBI nod for an IPO
-MMTC to exit ICEX, sell residual 9.5 percent stake: BS
-Hexaware's revenue from client EY dips: ET-Bhushan Steel, Essar Steel, Lanco, and Alok Textiles may be the first set of companies facing bankruptcy proceedings: Mint

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First Published on Jun 14, 2017 08:19 am
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