Here are stocks that are in news today:
NBCC-Wins thermal power contract worth Rs 328.08 crore-Contract awarded by NTPC’s JV with Bihar State Power
Titan Company-Company says festive season had a mixed response from customers in Q3FY16-Watches & eyewear categories did not see expected traction in Q3FY16-Finance Ministry's new PAN card norms may have some impact on cash sales-The festive season has been a washout in Tamil Nadu
Control Print Q2-Revenues up 28.3 percent at Rs 36.7 crore versus Rs 28.6 crore-Net Profit up 40 percent at Rs 7.3 crore versus Rs 5.2 crore
JBF Industries-Company to issue 1.63 crore shares on preferential basis to KKR Jupiter Investors-To be issue at Rs 300 per share (21 percent premium to current market price)
Educomp Solutions-Says arm Educomp Infra executes agreements to sell its land & building to third party-Will make an announcement on the deal completion
Reliance Infrastructure-Blackstone, Birla Corp and Baring Asia enter final lap in race for Reliance Cement: ET-Decision is expected in a fortnight
Vadilal Industries-Elder son of founder alleges violation of terms of MoU by brother, cousin: ET-Each accuse each other of mismanagement and financial impropriety
Infra companies in focus-Government readies national infra investment fund of Rs 40,000 crore: ToI-Says gold bonds, monetisation schemes to be reworked
Banks in focus (Kotak report)-Loans worth over Rs 1 lakh crore at risk after Chennai flood-SBI, Axis Bank, HDFC Bank among others said to have significant exposure
Larsen and Toubro in focus-L&T Infotech looks to raise Rs 2,000 crore via IPO: Reports (Earlier size reported was Rs 1,600-1,800 crore)-IPO planned in Q4FY16
Aurobindo Pharma-Gets tentative US FDA nod for Esomeprazole magnesium or for Nexium generic-Esomeprazole magnesium is used to treat gastric ulcers-USD 1.8 to USD 2 billion market size
Cairn-Cairn has not yet submitted information sought by Directorate General of Hydrocarbons (DGH): FE-Information facilitate extension of contract for onshore Barmer block by 10 years
Advanta says-Board to consider conversion notice received from FCCB holders in December 31-Board to consider allotment of equity shares & issue of GDRs upon conversion of FCCBs
Ortel Communications says-SREI Equipment Finance (largest lender) to extend prompt payment rebate of 1 percent w.e.f October 1, 2015-Interest rate on borrowing post extension comes down to 14.25 percent-Interest rate decision will strengthen balance sheet & reduce interest costs-Working towards further reduction in overall interest costs
Kothari Products-Sets record date for Bonus shares as January 6-To issue 1 bonus share for every 2 shares held in the company
Other stocks and sectors that are in news today:-Lupin gets US FDA approval to market generic Femhrt tablets in US (Fyavolv Tablets are used to treat postmenopausal osteoporosis)-JSPL says approved giving right on strategic debt restructuring scheme to lenders of Jindal Power for its thermal power project in Chhattisgarh-Rohit Ferro-Tech extends validity of business transfer agreement with Balasore Alloys for sale of Jajpur manufacturing unit till March 31-HCL Infosystems seeks shareholders nod for creation of charge on assets in favour of banks/FIs-Infosys says it’s campus in Hyderabad to meet 100 percent electricity needs from renewables-JK Cements sets Floor price for 3 percent offer for sale of Udaipur Cements at Rs 11.25 per share-Ajmera Realty incorporates wholly owned subsidiary ‘Ajmera Corporation UK Ltd’ in Wembley, London-Sterlite Grid (part of Sterlite Technologies) wins Rs 2,700 crore transmission project: FE-BPCL commissions 6 million tonne crude distillation unit at Mumbai refinery: FE-IOC, BPCL, HPCL mull over setting up 30 million tonne per annum capacity mega refinery at a cost of Rs 60,000 crore: BS-Saregama defers decision on scheme of arrangement involving demerger of publication division to next board meet-Welspun Enterprises and Apco Infratech emerged successful bidders for 2 projects on Delhi Meerut Expressway: FE-L&T Finance Holdings says Citigroup Global Markets hikes stake by 1.82 percent to 7.56 percent in company
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