Stocks in news: Axis, Dilip, Claris, IL&FS Trans, J&K, Ram Info

J&K Bank Q2-Net loss at Rs 602.4 crore versus profit of Rs 195.8 crore (YoY)-Gross NPA at 11.33 percent versus 9.31 percent (QoQ)-Gross NPA at Rs 5683 crore versus Rs 4715 crore (QoQ)-Net NPA at 6.81 percent versus 6.19 percent (QoQ)-Net NPA at Rs 3236 crore versus Rs 3023 crore (QoQ)-NII down 7.6 percent at Rs 641.4 crore versus Rs 694.4 crore (YoY)

Nusli Wadia writes to Tata Chemicals shareholders: Sources-3rd letter by Nusli Wadia to shareholders after Tata Steel, Tata Motors-Wadia says Tata Chemicals MD interfered in affairs of independent directors on November 10-Wadia says Tata Chemicals MD told independent directors support for Mistry not to be disclosed-Wadia says Tata Chemicals MD got senior management to sign letter supporting Tata Sons-Wadia accuses Tata Chemicals of ‘lack of corporate governance’ principles-Wadia calls move to interfere with board as ‘reprehensible’-Wadia urges shareholders to protect institution of independent directors ahead of EGM-Nusli Wadia files defamation case against Tata Sons, claims Rs 3,000 crore in damages-Wadia's defamation case filed in Bombay HC-Defamation case also filed against Ratan Tata, & other Tata Sons directors

Wadia to Tata Chemicals shareholders-Differed strongly with proposal for merger of Haldia plant-Board expressed concern over buy of Bruner Mond Group at Rs 800 crore-Acquisition drive of last 10 years SawTata Chemical debt rise by Rs 6,800 crore-Company has cross holding in Tata companies worth Rs 7,200 crore despite being in debt-Crossholding in Tata Group cos not giving any returns to company-Bhaskar Bhat note proposed Mistry not to chair board meet of November 10-6 days after Bhat's resignation, Tata Sons proposed his name again for directors

Other stocks and sectors that are in news today:-Alembic Pharma gets US FDA nod for Itraconazole capsules (used to treat fungal infections)-IL&FS Transportation Networks to acquire equity investments held by Elsamex SA for Rs 140.95 crore-Saksoft to acquire 60 percent share capital of Dreamorbit Softech for Rs 16.75 crore-Capital First board meeting on December 20 to consider issue of non-convertible debentures (NCDs)-High Court at Hyderabad approves amalgamation of Bristlecone Hospitals into Virinchi-Karnataka Bank rights issue subscription at 185 percent, rights issues price at Rs 70 per share-Avantel board meeting on December 17 to seek shareholder approval for amalgamation between Wiki Kids and Avantel-Ram Informatics gets order from a Maharatna PSU for procurement and implementation of CPM and Ash board software for Rs 787.87 crore (market capitalisation Rs 21.6 crore)-Dilip Buildcon gets new project worth Rs 260 crore in Andhra Pradesh-Cox & Kings - MEININGER Hotels to open its second hotel in Brussels-Zee Media to avail secured loan up to Rs 500 crore from arm infra & utilities for acquisition of radio business-Jagran Prakashan commenced broadcast from its radio station at Patiala-Somany Ceramics redefines the smart toilet category, launches Exquisite French collection range-Godawari Power and Ispat resumes operations in steel melting shop, captive bio mass power plant, steel rolling mill & wire drawing units-Proxy firm, SES flags Tree House financial transaction, accounting: ToI-Axis Bank suspends 24 employees, 50 accounts under lens-Maruti Suzuki Ignis compact to counter Renaults Kwid-GE Shipping takes delivery of secondhand supramax dry bulk carrier-Norfolk & Dedham group selects Majesco policy for commercial package