Here are stocks that are in news today:
Zee Entertainment to replace United Spirits in CNX Nifty w.e.f September 19 -Mphasis, Zee Entertainment to be excluded from CNX Nifty Junior w.e.f September 19-Aurobindo Pharma, Motherson Sumi Systems to be included in CNX Nifty Junior w.e.f September 19-Mphasis, United Spirits to be excluded from CNX 100 Index w.e.f September 19-Aurobindo Pharma, Motherson Sumi Systems to be included in CNX 100 Index w.e.f September 19
Cabinet Committee on Economic Affairs (CCEA) clears royalty revision of 23 major mineralsAlert: Mines ministry proposed royalty rate on iron ore at 15 percentAlert: Current royalty rate on iron ore stands at 10 percentAlert: Mines ministry proposed royalty on manganese ore from 4.2 percent to 5 percent
Union law and telecom minister Ravi Shankar Prasad says-Cabinet approves raising mining royalty charges-Government raises royalty charges on minerals after 6 years-Cabinet approves Rs 8,680 crore Nagpur metro rail project-Minimum export price (MEP) on onions also cut from USD 500/tonne to USD 350/tonne-Onion stock availability satisfactory-Situation on onion prices has improved
Tata Motors to CNBC-TV18-Strategy is to have intense product focus-Task is to win consumer's mind & regain the old position-Company to bring compact SUV Nexon by next year-Nexon to be compact SUV with synergies of JLR and Tata Motors-We collaborate with JLR on product development-Market situation and products are different for JLR, Tata Motors-Synergies will be in areas like purchasing quality, products-Auto sector gone through tough times, see uptick to continue
Tata Chemicals AGM-To increase borrowing limit upto Rs 5500 crore-To issue NCD on private placement basis for upto Rs 1000 crore
Claris Life receives UK regulator approval for new plantClaris Life says-Approval to help enhance capacities to grow in European Union
DLF-Plans to reduce its debt to Rs 12000-14000 crore by FY17-Company to consider asset monetisation and increasing cash-flows from sales-As of FY14, company had a debt of nearly Rs 19000 crore
Cairn India says-Have set target of drilling 100 wells in 3 years-Confident of having 1 tcf of gas by middle of FY17
Winsome Diamonds-Denies reports of money being taken out of India-Denies reports of money being diverted to other projects-Denies reports of conspiracy to defraud banks in India Jet Airways management seeks 1 month to take decision on outstanding dues: Sources-Jet management to look into issue of pilots’ arrears in next meet
Bosch says-Workmen at Jaipur plant call off 'tool down' strike-Workmen at Jaipur plant were on strike since August 18
Corporate Action: Ex-date-Bharat Forge: Final dividend Rs 2.5/share-Bharti Airtel: Final dividend Rs 1.8/share-Dishman: Final dividend 1.2/share-Exide Industries: Interim dividend Rs 1.5/share-Jubilant Life: Dividend Rs 3/share-MOIL: Dividend Rs 3.5/share-Muthoot Finance: Dividend Rs 4.5/share
Other stocks and sectors that are in news today:-IL&FS Transportation AGM: To issue NCD to raise upto Rs 1000 crore via public/rights/private placement/QIP issue-Spicejet flies past Jet Airways to become 2nd largest domestic airline in July-Jindal Saw says US court approves sale of PSL North America’s assets to company’s arm
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