Stocks in news: L&T, SpiceJet, Atlas Cycle, PNB, M&M, CIL

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26 Aug, 2025 12:21

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Here are stocks that are in news today:

Result Today: Gammon India - Q2FY15

Corporate action:-JK Tyre: Stock split from Rs 10 to Rs 2 per share-Punjab National Bank (PNB): Stock split from Rs 10 to Rs 2 per share

Sahara case update-Sahara agrees to make Bank Of America escrow agent for junior loanAlert: Sahara claims to have secured a junior loan of USD 650 million-SEBI objects to loan agreement, cites possible FEMA violations-Supreme Court to approve loan only after co satisfies SEBI's concerns-SC to hear company's plea to sell overseas hotels on January 9-SEBI makes fresh bid to locate Sahara investors-SEBI asks bond holders to submit refund claims by January 31, 2015-SEBI received 4,900 refund claims from Sahara bond holders during August-September

Lok Sabha passes Companies Act Amendment Bill, 2014Amendments approved-For ease of doing business omit need for minimum paid up share capital-Prescribe specific punishment for deposit accepted under new act-Winding up cases to be heard by a 2-member bench-Special courts to try only offences carrying minimum 2-year imprisonment

Q3 advance tax numbers: Sources-SBI likely to pay Rs 1,420 crore versus Rs 1,130 crore (YoY)-M&M likely to pay Rs 265 crore versus Rs 251 crore (YoY)-ICICI Bank likely to pay Rs 1,200 crore versus Rs 1,000 crore (YoY)-HUL likely to pay Rs 600 crore versus Rs 460 crore (YoY) Former SpiceJet promoter Ajay Singh meets aviation secretary: Sources-Former SpiceJet promoter Ajay Singh may invest in airline-Ajay Singh may be an important part of company's revival plan-Ajay Singh likely to help company devise a revival planAlert: Ajay Singh had shown interest in re-investing in SpiceJet

Aviation Ministry: Sources-Ministry to ask airlines not to exploit SpiceJet situation-Airfares should not rise exorbitantly due to SpiceJet issue

Tech Mahindra announces launch of automotive aftermarket suiteTech Mahindra says-Plans to launch platform in Europe, US Markets initially & gradually expand-Plans to provide solution as a managed service to OEMs, importers, dealer networks

Larsen & Toubro (L&T) says-Canada Pension Plan Investment Board invests in L&T IDPL (a subsidiary of L&T)-CPPIB via subsidiary made initial investment of Rs 1,000 crore-2nd tranche of Rs 1,000 crore or higher may be agreed between L&T, IDPL & CPPIB's unit-Initial funding by way of subscription to compulsorily convertible preference shares-Second tranche will be invested after 12 months from date of initial investment

Four Coal India unions likely to go on strike from January 6-10: Sources-Centre Of Indian Trade Unions (CITU) to actively support January 6-10 strike-CITU has separately called for strike on January 13-Strike notice called to oppose divestment, commercial mining

Cabinet clears Constitutional Amendment Bill for Goods & Services Tax (GST)-CCEA approves incentives for marketing, promotion of raw sugar production-Cabinet defers decision on Real Estate Regulator Bill

Urban Development Minister proposes amendments to Real Estate Regulator Bill: Sources-Urban Development Minister proposes ban on builders from diverting buyers’ money-Urban Development Minister proposes builders keep aside 50 percent and not 70 percent of buyers’ money-Urban Development Minister proposes commercial real estate be covered by Bill-Urban Development Minister proposes buyers only approach regulator for legal recourse-Urban Development Minister wants projects without completion certificates to be registered with regulator

RBI-Imposes penalty on ICICI Bank, Bank Of Baroda for violating KYC norms-Imposes Rs 50 lakh fine on ICICI Bank, Rs 25 lakh on Bank Of Baroda-Cautions SBI, Axis Bank, State Bank Of Patiala on KYC norms

Cipla says-Novartis moved Delhi HC to restrain company from marketing Unibrez-Profit/revenue from Unibrez not to be material in this fiscal-Delhi HC reserves order on Novartis-Cipla drug dispute: PTI

Tata Steel restarts iron ore production from two Odisha mines: PTI sourcesAlert: Odisha government allowed Tata Steel to operate 4 iron ore mines

Coal Ministry to move cabinet note on formula & methodology post consultation: SourcesCoal Ministry floats approach paper before December 22 deadlineSources say-Coal ministry constitutes inter-ministerial committee to discuss approach paper-Inter-ministerial committee to constitute secretaries of Power, DEA, expenditure department, steel, DIPP, coal, lawAlert: Coal ministry to float approach paper to seek comments on tender bidAlert: Tender bid for upcoming coal block e-auction-Inter-ministerial committee to examine approach paper & give its view-Inter-ministerial committee to meet on December 19 to discuss the approach paper

Other stocks and sectors that are in news today:-Intellect Design Arena to list today (company formed post demerger from Polaris)-Sugar production up 13.5 lakh tones as more mills start crushing-NTPC to invite consultant for 4,000 MW project in Andhra Pradesh: BL-Jain Irrigation's processed food exports to cross Rs 600 crore: ET-Centre overrules Gujarat State Petroleum Corporation's demand for USD 8.5 gas price: ET-Delhi HC reserves order on Novartis-Cipla drug dispute: ET-Power Grid Corporation nominated for largest transmission line: BS-Himachal Fibres: Board to consider sub-division of equity shares today-Winsome Diamond and Jewellery board meeting December 20 to consider and approve the feasibility of continuing the operations at Goa Unit-Pioneer Agro Extracts: Outcome of board meeting - to constitute a three member committee to complete the transfer/sale of the edible oils business together with all its movable and immovable assets, liabilities, business contracts, employees and intellectual property rights-3i infotech allots 33.86 lakh shares against conversion of FCCBs-Mindtree becomes the world’s first bluetooth smart 4.2 IP provider-Shree Renuka Sugars to issue of non convertible debenture aggregating to Rs 290 crore-Atlas Cycle to close the Malanpur unit of company & has also suspended the manufacturing activity of the said unit-SKS Microfinance issued commercial papers of an aggregate amount of Rs 70 crore on December 16: ET-Mahindra Group (Mahindra and Mahindra in focus): Mahindra Partners, the emerging business arm of the diversified conglomerate Mahindra Group, is in talks to acquire online portal BabyOye: ET-Raymond has roped in Gaurav Mahajan, COO of Tata group's retail arm Trent, as president of its group apparel division: ET-ONGC has awarded a euro 100 million contract to French firm Technip to build an oil and gas terminal at Odalarevu in Andhra Pradesh: ET-Sesa Sterlite: Vedanta plans power business in South Africa an investment of USD 780 million: ET-Adani Group: Australian subsidiary signs an MOU with a South Korean steel giant POSCO for the construction of a new strategic terminal: ET-Defence ministry clears proposals of Rs 4,444 crore for acquisition of equipment: PTI