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Last Updated : Sep 07, 2017 08:52 AM IST | Source: CNBC-TV18

Stocks in the news: RIL, Hindalco, InterGlobe, Fortis, Ruchi Soya, Asian Paints, GMR

Reliance Industries | L&T | Hindalco Industries | NBCC | InterGlobe Aviation | Fortis Healthcare | Raymond | IL&FS Transportation | Sicagen India | Ruchi Soya | Denis Chem Lab | Asian Paints | HCL Technologies | Avanti Feeds | MT Educare and Just Dial are stocks, which are in the news today.

Here are stocks that are in news today:

August class 8 truck sales: Bharat Forge in focus
-Total North America class 8 truck sales up 50 percent at 20,700 units YoY
-Total North America class 8 truck sales up 14 percent at 20,700 units MoM

Alert: Class 8 orders this month the best performance in August since 2014

-Issues & allots commercial paper of an amount of Rs 100 crore

-Says proceeds will be primarily used to refinance upcoming repayments

Fortis Healthcare - Sources
-TPG, General Atlantic enter exclusive talks with Fortis to buy controlling stake
-TPG, GA kick off due diligence to buy Fortis Healthcare
-TPG, GA offer to buy fresh equity & promoter stake in Fortis
-TPG, GA's proposal to trigger an open offer for Fortis Healthcare

-Earlier frontrunner, IHH on a back foot in race to buy Fortis Healthcare

InterGlobe Aviation - Sources
-IndiGo insiders weigh options of investing in Jet Airways
-IndiGo eyeing big international market footprint; looks at options beyond Air India
-IndiGo insiders evaluating options to expand international footprint
-No formal interactions between IndiGo & Jet Airways yet
-IndiGo believes international flights from India an untapped opportunity
-IndiGo believes low cost long haul flights market remains untapped
-Right time for IndiGo to invest in an airline that has fleet, crew & slots in place

-Building an international fleet, slots on their own will take IndiGo years

Other stocks and sectors that are in news today:
-Wipro bags 5-year IT applications management contract from Finnish Co, Outokumpu
-Eicher Motors closes in on Ducati; to make a binding bid of USD 1.8 billion: ET
-Ministry of Environment & Forests approves GMR Delhi airport Rs 16,000 crore expansion
-Punj Lloyd JV wins Rs 1,177 crore NHAI project in Myanmar
-Eight bidders qualify for Nagpur Mumbai project: Companies whose bids have qualified so far are Afcons Infrastructure, Navyuga Engineering, L&T, IL&FS Transportation Networks (ITNL) and China Construction Fifth
-NDMC to begin auction for Taj Mansingh
-LIC reduces stake in Raymond by 2 percent
-NCLAT to decide McDonald's case today
-NCLT asks Electrosteel Steels IRP to file appointment details: FE
-Wadia urges SEBI to take action against Tata firms directors: BS
-ITC files Rs 1,000 crore defamation suit against IIAS
-Sasken Technologies received NCLT nod for the merger of Sasken Network Engineering with itself
-Sicagen India to acquire the remaining 40 percent stake in Danish Steel
-JM Financial ARC offers to buy out all outstanding loans of Gujarat NRE Coke: Mint
-Petronet LNG to build LNG import terminal in Sri Lanka
-Hindalco to expand Novelis US, China to meet auto demand
-Delhi HC reserves its decision on Daiichi's claim against Singh brothers (Fortis Healthcare)
-Ruchi Soya sets up panel to explore restructuring options: Mint
-Reliance Industries to trade ex-bonus (1:1) today
-Denis Chem Lab to trade ex-rights today
-Indian Bank - CARE Ratings have upgrades rating from AA stable to AA+ / stable of the bank's Basel III compliant additional tier 1 bonds
-Asian Paints subsidiary in Indonesia sets up API plant with a capacity of 5000 tons/annum
-HCL Technologies announces strategic partnership with banking solutions provider Alpha Insight
-Avanti Feeds started commercial production of Shrimp processing and export at its new plant in Yerravaram
-Reliance Industries to acquire assets of Kemrock industries
-Astec Life - ICRA revises rating to A from A- for long term funds
-Vijaya Bank revises MCLR rates
-MT Educare Q1 PAT down 58 percent at Rs 2.2 crore versus Rs 5.3 crore
-NBCC signs agreement with health ministry for expansion of sports injury centre, Delhi worth Rs 464 crore
-Just Dial says Sequoia Capital India cuts stake in company to 4.5 percent from 9.62 percent
-IRB invIT Fund seeks shareholder nod for proposed acquisition of IRB Pathankot Amritsar Toll Road
-Aarey Drugs & Pharma seeks shareholder nod for sub-division of share

-Cipla promoters, relatives get into share transfer agreement

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

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First Published on Sep 7, 2017 08:23 am
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