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.
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