Here are stocks that are in news today:
ITC-YC Deveshwar to give up executive role from February 2017-July AGM will be YC Deveshwar's last one as CEO, will continue as chairman
Jindal Steel & Power (JSPL)-Board approves raising up to Rs 5,000 crore via non-convertible debentures (NCDs)-Board approves raising up to Rs 5,000 crore via securities
Future Consumer/Grasim Industries-Competition Commission of India (CCI) approves Future Consumer and Grasim deal-Business involves products related to skin care, baby care and sanitisers-Business transfer agreement signed by companies last year
Asian Paints-Revised plans for capacity expansion at Andhra plant-Increased the capacity expansion plan to 500,000 kilolitres per annum
Sharon Bio Medicine-Board decides to introduce more profitable products & increase capacity utilisation -To get the business to move in the regulated markets like US
Shrenuj & Company-Company has undertaken an exercise to rationalise its manpower across all levels-As a result, some of employees have started tendering their resignations-Alternative strategies are being considered to overcome the current challenges
Sobha-Buy back offer to open on June 29 to close on July 13-Buy Back for 22.75 lakh shares at Rs 330 per share
Majesco-Enters into partnership with eGain-eGain is a global provider of cloud customer engagement solutions
Taro Pharma (subsidiary of Sun Pharma) says-Michael Kalb resigns as CFO effective June 29-CFO resignation not the result of any dispute or disagreement with company
Housing Ministry finalises rental housing policy; to be sent to cabinet soon: Sources-Rental housing policy will have to be adopted by states & local bodies-Housing policy proposes to exempt property & house tax for rental property
Other stocks and sectors that are in news today:-Tech Mahindra to acquire UK-based company Bio Agency-BASF to acquire Chemetall, global surface treatment provider-HUL goes ex-dividend today (dividend of Rs 9.5/share)-Annual General Meetings today: HUL, Biocon, Corporation Bank-Max Ventures listing today-Tata Power unit Tata Power Renewable wins 30 MW project in Maharashtra-SKS Microfinance completes securitisation transaction of Rs 213.6 crore-Vijay Mallya resigns from Bayer Cropscience's board with effect from June 30, 2016-United Spirits has asked United Breweries Holdings to repay Rs 1,655 crore loan: FE-United Spirits seeks shareholders nod again to report sick to Board for Industrial and Financial Reconstruction (BIFR): BS-Maruti Suzuki ramps up Baleno production-Bajaj Finance and Future Group announced launch of a company branded store card-Brookfield in talks with SBI to form a JV to invest in stressed assets-Circuit filter revised from 20 percent to 10 percent for Gammon India, Mandhana Industries
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