Karnataka Bank | PNB | Divis Lab | JSW Steel | M&M and Coffee Day Enterprises are the stocks, which are in news today.
Here are the stocks that are in news today:Core sector data
July eight core industries growth at 2.1% versus 0.7% in June
April-June eight core industries growth at 3% versus 5.9% (YoY)
Mahindra and Mahindra auto sector sells 36,085 vehicles during August 2019
Escorts Agri machinery segment sells 4035 tractors in August 2019 against 4812 tractors in August 2018
Maruti Suzuki cuts production by 33.9% in August, produces 1.11 lakh cars in August 2019 versus 1.68 lakh cars in August 2018
Maruti Suzuki's August 2019 sells fell 32.7% at 1,06,413 units against 1,58,189 units in August 2018
Eicher Motors sells 52,904 units in August 2019 against 69,377 units in August 2018
Eicher Motors' total Royal Enfield sales down 24 percent at 52,904 units against 69,377 units, YoY
Hero MotoCorp sells 543,406 units of two-wheelers in August 2019
Tata Motors total sales for August 2019 stood at 32,343 vehicles, compared to 62,688 units during August 2018
Tata Motors total domestic auto sales reduced 49% to 29,140 units from 57,210 units, YoY
Reliance Communications withdraws contempt plea against DoT Secretery
USFDA issues complete response letter (CRL) to Biocon for insulin glargine
SPML Infra receives World Bank funded power project orders worth Rs 1774 million
Newland Labs: Company received Establishment Inspection Report from US FDA for Hyderabad unit.
Coffee Day Enterprises: Company appointed former CBI DG Ashok Malhotra to probe company's financials.
DHFL: Board approved conversion of whole or part of debt into equity shares/other securities. Conversion of debt may result in a change in ownership of the company.
ICRA revised the long-term rating of Indiabulls Housing Finance to AA+ and reaffirmed short-term rating at A1+
RMOL Engineering and Offshore, a wholly-owned non-material subsidiary of Reliance Naval has been admitted for corporate insolvency resolution process with NCLT, for a claim of Rs 159.62 crore, filed by IFCI
Indiabulls Housing Finance has made timely payment of interest / principal in respect of the NCDs
Karnataka Bank revises its one-year MCLR at 9.25 percent
BHEL has invested Rs 5 crore as equity in NEELANCHAL ISPAT NIGAM
ICRA has reaffirmed long-term rating to AA and short term rating to Al+ for bank facilities, non-convertible debenture programme and commercial paper programme of JSW Steel
Aurobindo Pharma’s Netherlands subsidiary formed JV with 2 companies in China. Netherlands arm will hold 57% stake in China Joint Venture.
Divis Labs: Ireland & Slovenia drug bodies clear Vishakhapatnam unit. The Unit Was Inspected By 5 Inspectors From August 26-30
M&M signs share subscription and shareholder agreement for subscribing upto 55% of the equity share capital of Meru Travel Solutions in tranches
India Ratings downgrades Yes Bank to IND A+; outlook negative
JK Tyre: Promoter releases pledge on 5.1 crore sShares (20.7% equity) on August 30, reported CNBC-TV18.
IndiGo: Rohit Philip, CFO, resigns effective September 15, board approves appointment of Aditya Pande as CFO w.e.f. September 16
IL&FS gets binding bids for 10 road assets
Yes Bank approves increase in authorised share capital
Edelweiss Group, Central Bank of India partner to co-lend to MSMEs
KNR Constructions receives work order for Rs 850 crore from Megha Engineering & Infrastructures
Titagarh Wagons launches second research vessel – SAGAR ANVESHIKA
L&T Construction awarded contract from Navi Mumbai international airport
Moil reduces price of Ferro Grade, SMGR (Mn30% & Mn25%), Fines and Chemical Grades of ore by about 5 percent
CG Power sacks CFO VR Venkatesh
Govt accepts State Bank of India MD Anshula Kant’s resignation
PNB board to meet on Sept 5 to consider merger with OBC, United Bank
Tata Steel Europe to sell Cogent Power to Japan's JFE Shoji Trade Corp - PTI
Jet Airways fails to attract new bidders - PTI
ATF price cut by 1%, LPG rate up by Rs 15.5 - PTI
RITES set to withdraw arbitration proceedings against foreign client - PTISAIL to give land for pellet plant to be set up under JV with KIOCL - PTIGet access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.