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Last Updated : Jun 16, 2016 09:23 AM IST | Source: CNBC-TV18

Stocks in news: ITNL, Crompton, Lux, Premier Exp, Deccan Cements

NTPC | Wipro | 3i Infotech | IL&FS Transportation | Andrew Yule | Crompton Greaves | Lux Industries | Premier Explosives | Ujjivan | Bombay Rayon | Deccan Cements | Pricol | Info Edge and GSK Consumer are stocks, which are in the news today.

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Todays L/H

Here are stocks that are in news today:

Oil marketing companies
-IOC raises petrol prices by 5 paise per litre
-IOC raises diesel prices by Rs 1.26 per litre

Monsanto / Kaveri Seed: Reports
-Competition Commission of India (CCI) receives 3 new complaints against Monsanto
-Complaints of alleged abuse of its dominant position in BT Cotton business
-Fresh complaints by Kaveri Seeds, Ankur Seeds and Ajeet Seeds


-Rail unions want scrapping of GE, Alstom deals: BS
-This is w.r.t. to Rs 40,000 crore order for setting up locomotive factories

3i Infotech
-Corporate debt restructuring panel approves debt restructuring scheme
-Lenders approve converting 40 percent debt into equity shares
-Lenders approve converting 35 percent debt into redeemable NCDs

IL&FS Transportation Networks
-MAIF Investments pays Rs 109.8 crore to company on account of divestment in Gujarat Road Infra
Alert: Company divested 15 percent stake in project on May 25

Dhampur Mills
-Qualified institutional placement opened on June 15
-Board meeting on June 20 to decide price for qualified institutional buyers

Sequent Scientific: Reports
-Food and Drug Administration (FDA) orders suspension of Mahad unit
-FDA observations likely to have been general
-Unit is compliant with EU

Andrew Yule
-Board to consider allotment of 1.2 crore equity shares in favour of Bank of Baroda
-Board to meet on June 18 to consider conversion of term loan

Deccan Cements
-ICRA upgrades ratings from BBB+ to A (long term)
-Upgrades ratings from A2+ to A1 (short term)

Other stocks and sectors that are in news today:
-Tata Power issues debentures worth Rs 575 crore for Tata Power Renewable Energy
-Crompton Greaves likely to sell global automation arm ‘ZIV’ for Rs 754 crore by September 2016: BS
-Lux Industries' Dankuni project now commercially operational
-Foreign holding has crossed permissible limit in Ujjivan
-NTPC incorporates JV with Coal India (informed first on May 16) to take up revival of Gorakhpur & Sindri plants of Fertilizer Corporation of India
-Wipro launches data discovery platform
-Premier Explosives lists on NSE on June 17
-Bombay Rayon shareholders approve issue of 5.6 crore shares to lenders under CDR, company allots first tranche of 4.66 crore shares at Rs 165.8/share
-Pricol sells stake in subsidiary for Rs 2.8 crore
-Info Edge invests Rs 3 crore in Vcare Tech & Rs 4 crore in Unnati Online
-GSK Consumer resumes operations at Patiala unit after almost a month of suspension
-United Breweries current CFO Henricus Zon shifted to Heineken, Steven Bosch appointed as new CFO from September 1
-Jaiprakash Power Ventures board to meet on June 17 to consider transfer of Bina thermal plant to unit

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First Published on Jun 16, 2016 08:01 am
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