Moneycontrol
Last Updated : Jan 17, 2018 08:50 AM IST | Source: Moneycontrol.com

Stocks in the news: Reliance Industries, Sun Pharma, TCS, Gail, BSE, Bajaj Finance, MCX

Bajaj Finance | TCS | BSE | Gail | Reliance Nippon | ICICI Lombard | Sun Pharma | MCX | Tata Motors | Bayer Cropscience | Reliance Industries | Texmaco Rail and Engineering | Infosys and Den Networks are stocks, which are in news today.


Here are stocks that are in news today:

Results Today: Hindustan Unilever, Adani Power, Adani Transmission, Bharti Infratel, CSL Finance, DCB Bank, Gloster, Jubilant Life Sciences, Jyothy Laboratories, MindTree, Sterlite Technologies, Tata Sponge Iron, Thirumalai Chemicals, Zee Entertainment Enterprises, SREI Infra

Den Networks

The company had posted a net loss of Rs 38.75 crore during the same period of the previous fiscal, Den Networks said in a regulatory filing.

Tata Motors

Jaguar Land Rover launches new of Range Rover Evoque priced at Rs 50.20 lakh. The vehicle is powered by a 2-litre Ingenium diesel engine. It has features such as WiFi hotspot, keyless entry and powered gesture tailgate as standard on all variants.

MCX

Q3 net profit down 45 percent to Rs 18.7 cr. The company had clocked a net profit of Rs 34.04 crore in the same quarter last year, the exchange said in a BSE filing.

Bayer Cropscience

Bayer expects CCI nod by April-May for USD 66 billion Monsanto deal. India is one of the 30 countries whose approval is needed for the merger to go through as many as 14 countries have approved the merger.

RIL

Reliance Industries has declared a 30 percent increase in the installed capacity of its export-focused oil refinery, a government report showed, increasing the size of the world's largest refinery complex.

Sun Pharma

Sun Pharmaceutical Industries (including its subsidiaries and/or associate companies) on Tuesday announced that its wholly owned subsidiaries have reached an agreement with Ironwood Pharmaceuticals, Inc. and Allergan plc to resolve the patent litigation.

ICICI Lombard

Leading private general insurer ICICI Lombard today reported a 5.20 percent year-on-year increase in net profit at Rs 231.76 crore for the December quarter.

Reliance Nippon

Reliance Nippon Life Asset Management reported 25 percent jump in profit after tax to Rs 130 crore for the December quarter of the current fiscal.

GAIL India

Gas utility GAIL (India) Ltd has renegotiated the terms of a long-term liquefied natural gas (LNG) purchase deal with Russia’s Gazprom PJSC, the Indian company said on Tuesday, in third such negotiation by India to make the imported fuel affordable to its price-sensitive customers.

BSE

BSE on Tuesday said its board has approved plan to buyback shares worth Rs 166 crore, a move that comes within one year of its listing.

TCS

India’s largest IT services firm Tata Consultancy Services (TCS) on Tuesday said it has signed an over GBP 500 million (USD 690 million) deal with M&G

Prudential, the UK and European savings and investments business of Prudential plc.

Bajaj Finance

Bajaj Finance today said it will acquire 12.60 percent stake in mobile wallet company Mobikwik as against 10.83 per cent stated earlier due to a change in conversion price of the compulsory convertible cumulative preference shares.

Texmaco Rail and Engineering

Exploring an opportunity for setting up a mega Logistics Hub cum Food Park with a State of the Art Engineering & Manufacturing facility at Sankrail in District Howrah, West Bengal

Tata Steel
-Executive committee of board to meet on January 19 to decide terms of the rights issue
-January 19 meeting to determine issue price, rights entitlement ratio, instrument options, total no. etc.
Alert: Tata Steel plans to raise Rs 12,800 crore via rights issue

Alert: Rights issue to fund expansion of steel capacity at company’s Kalinganagar, Odisha plant

HUL to CNBC-TV18
-Have received a notice on January 16 from Directorate General of Safeguards
-Are in the process of ascertaining the full details of DG Safeguards notice
-Will respond to the DG Safeguards notice stating our position
-Have communicated to trade asking them to pass on the benefits to consumers
-Accelerated our networks covering more than 800 SKUs to reduce prices

-Have increased grammage in case of price point packs

Other stocks and sectors in the news today:
-Infosys launches Infosys business assurance store
-Capacite - Ind-Ra has upgraded the credit rating from IND A- to IND A
-SAL Steel announces closure of corporate insolvency process
-GAIL, Gazprom sign pact for re-negotiated long-term LNG sale: Media Report

-Gartner says global IT spending to reach USD 3.7 trillion in 2018

Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.
First Published on Jan 17, 2018 07:44 am
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