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Stocks in news: HUL, Idea, Wockhardt, Majesco, Unitech, RComm

Hindustan Unilever | Mahindra and Mahindra | Idea Cellular | Jindal Steel | Wockhardt | Majesco | Mahindra CIE | Bharat Forge | Motherson Sumi | Prakash Industries | Unitech and Reliance Communications are stocks, which are in the news today.

January 15, 2016 / 08:31 IST
     
     
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    Here are stocks that are in news today:

    Results today: Hindustan Unilever, Zee Entertainment, Gruh Finance, NIIT Technologies, Pipavav Defence, Indian Hotels, Tide Water Oil

    Banking sources say-RBI wants banks to provide for 150 bad accounts by March 2016-150 accounts may involve Rs 1.5 lakh crore or 2 percent of assets-Gross NPA of banks to rise by 2 percent to 7.5 percent-Provision will rise by about Rs 30,000 crore across banks-For FY17, 5 percent more assets may have to be provided-Provisioning to rise by Rs 70,000 crore to Rs 1 lakh crore across banks in FY17

    Mahindra and Mahindra-To build 1.9L engine to get around Supreme Court ban on vehicles with over 2L engines: ET-To launch versions of Scorpio and XUV500 with new 1.9L engines

    Reliance Communications-Company and Tillman-TPG extend tower deal talks: ET-Discussion stalled on additional sale of optic fibre network that TPG’s not keen on

    Unitech-Consumer forum awards 3 years jail to Unitech chief: ET-Ramesh Chandra sentenced for ‘willfully’ disobeying court’s order to refund money

    Jindal Steel & Power-Company cuts staff’s wages by 10 percent: FE-Move to reduce costs to counter losses

    Idea Cellular-Company takes 4G to four more states-Launches services in Chhattisgarh, Haryana, MP and Punjab

    NMDC-Keeps iron ore lump prices unchanged at Rs 1,800/mt w.e.f January 14-Keeps iron ore fines prices unchanged at Rs 1,560/mt w.e.f January 14

    Prakash Industries: Volume guidance-FY16 sales volumes to grow 15 percent to 31800 MT-FY17 sales volumes to grow 20 percent-Margins have improved from 10 percent to 12 percent

    Other stocks and sectors that are in news today:-Auto ancillaries: Mahindra CIE / Bharat Forge / Motherson Sumi in focus - French authorities raid Renualt offices over alleged emission fraud-Wockhardt: 62,500 bottles of Azithromycin tablets recalled in the US market-Majesco & Appulate announce strategic partnership-Federal Bank sells Essar Oil debt worth Rs 70 crore to Edelweiss Asset Reconstruction: FE-Federal Bank launches FCNR deposit scheme in New Zealand dollar-Petronet LNG aims to add Rs 25,000 crore to its topline over next 3 years: FE

    first published: Jan 15, 2016 08:01 am

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