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
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