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Stocks in the news: M&M, Tata Teleservices, Granules, HDIL, Reliance Capital

Mahindra and Mahindra | Tata Teleservices | Granules | HDIL | Reliance Capital | Indiabulls Real Estate and DHFL are stocks, which are in the news today.

October 19, 2017 / 18:21 IST
     
     
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    Here are stocks that are in news today, the first day of Samvat 2074:

    Tata Teleservices (Maharashtra)
    -Board approves raising up to Rs 20,000 crore via securities
    -To raise funds via redeemable preference shares or non-convertible debentures
    -To raise funds via inter-corporate deposits/commercial papers

    Hindustan Unilever in focus: Unilever
    -Unilever sales disappoint as competition bites big brands
    -Underlying sales rise only 2.6 percent in Q3 against 3 percent in 1H2017
    -Turnover falls by 1.6 percent, hurt by a 5.1 percent hit from foreign exchange rates
    -Excluding its up-for-sale margarine and spreads business, sales rise 2.8 percent
    -Full-year forecast for sales growth stands at 3 to 5 percent

    RBI Minutes - RBI Governor Urjit Patel says
    -Not withstanding recent softening, inflation expectations show downward rigidity
    -Loss of momentum in Q1 has imparted downside to overall GVA outlook
    -Implementation of GST has rendered prospects for manufacturing sector uncertain in short-term
    -Need for more data to assess if recent headwinds in GDP are transient
    -Recent structural reforms may have had some impact on growth in short run
    -To improve growth prospects teething troubles related to GST need to be addressed
    -Resolution of stressed bank balance sheet remains important to support investment revival
    -Have to be vigilant on account of uncertainties on external, fiscal front
    -GVA growth is projected to strengthen in the second half of the year

    Other stocks and sectors that are in news today:
    -Granules gets US FDA approval for Prasugrel tablet
    -M&M approves scheme of arrangement between Mahindra Two Wheelers & M&M
    -Stocks ban in F&O: HDIL, Reliance Capital, BEML, DHFL, Indiabulls Real Estate, Infibeam, Jaiprakash Associates, JSW Energy, Reliance Communications
    -Gail India launches 3-cargo LNG buy tender: Traders
    -Nestle accelerates restructuring as sales growth stays tepid
    -PNB Housing to seek board nod for raising over Rs 12,000 cr
    -Reliance Industries to raise USD 2.5 billion to fund telecom loans: BS
    -National Company Law Tribunal puts cable manufacturer Nicco Corporation under liquidation: BS
    -Yes Bank raises Rs 5,415 crore via bonds
    -Mahindra Lifespace, HDFC Capital announce affordable housing joint venture
    -Reliance Industries, BP may form fuel retail venture soon: Mint
    -Unitech plans to sell 6 land parcels to tide over crisis: Mint
    -M&M subsidiary Mahindra Susten lowest bidder for Andaman solar power project: ET
    -Government may cap margins for medical devices: ET
    -Hero Group set to buy wind energy assets of Bhilwara: ET

    Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.

    first published: Oct 19, 2017 05:47 pm

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