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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

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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