Here are stocks that are in news today:
Fitch affirms rating Of 8 Indian banks-Affirms rating of SBI, Bank of Baroda, PNB, IDBI Bank, Canara Bank at 'BBB-'-Affirms rating of ICICI Bank, Axis Bank at 'BBB-' & Indian Bank at 'BB+' -Downgrades viability ratings (VRs) of Canara Bank & IDBI Bank
PNB Housing Finance IPO-Gets in-principle nod for listing from BSE & NSE-To issue equity shares of Rs 10 each for up to Rs 2,500 crore-Kotak Mahindra Capital, DSP Merrill Lynch, JM Financial, JP Morgan India, Morgan Stanley India lead book runners for IPO
Insurance Sector-New India Assurance, GIC get nod for IPOs-Government may earn upto Rs 10,000 crore
Bharat Forge-Class 8 truck orders for June down 34 percent YoY, down 8 percent MoM at Rs 13,000 units-Lowest monthly order activity since 2012
Ballarpur Industries (BILT)-Unit BGPPL gets non-binding proposal for its 2 Maharashtra units from JK PaperOther news-Sale of Malaysian Subsidiary, Sabah Forest Ind to Pandawa lapses-Company invoking guarantee of USD 50 million furnished by Pandawa
Shriram EPC says-Board to consider raising Rs 265 crore via preferential issue to promoters on July 11-Board to consider issuance of shares in lieu of working capital to corporate debt restructuring (CDR) lenders
Mahindra and Mahindra-Company to review future of its two wheeler business: ET-But company unlikely to consider exit options from this vertical
GM Breweries Q1FY16 (YoY)-Total income at Rs 89 crore versus Rs 81.2 crore-EBITDA at Rs 19.9 crore versus Rs 21.4 crore-PAT at Rs 12.6 crore versus Rs 15.9 crore-Other income at Rs 76 lakh versus Rs 3.4 crore
JBF Industries Q1FY17 (YoY)-Total income at Rs 2,469.1 crore versus Rs 2,141.7 crore-EBITDA at Rs 73.6 crore versus Rs 230.4 crore-Net loss at Rs 159 crore versus loss at Rs 54 crore
Lupin and Dr Reddy's Labs-Companies recall 1.7 lakh bottles of tablets in US-Tablets used in treatment of blood pressure
Equitas Holdings-RBI says foreign shareholding reaches trigger limit-CARE upgrades ratings of subsidiaries Equitas Microfinance & Equitas Finance
Relaxo Footwears-ICRA reaffirmed long term rating of A+ for Rs 236.00 crore-Outlook stable outlook against positive
Bodal Chemicals-Board approves increase in dyestuff capacity by 24000 MTPA over the next 3-4 years-Will spend Rs 28 crore in first phase of dyestuff expansion for 8000 MTPA-Expects revenue of Rs 145 crore from additional 8000 MTPA capacity
Info Edge-Invests Rs 5 crore via redeemable preference shares in ‘Happily Unmarried’-With investment, total investment in ‘Happily Unmarried’ at Rs 21.3 crore (48 percent stake)-Zomato's revenues double in FY16 but losses increase 3-fold
Educomp Solutions-Subsidiary completes the sale of its land and building-Company has long term borrowings of Rs 1,885 crore (market cap Rs 154 crore)-FY16 loss at Rs 343 crore
Skipper-Bags new orders in the countries of Kenya, Cameroon, Congo, Ghana & Malaysia worth Rs 100 crore-Receives approval from Power Grid Corporation of India for its poles division
Corporate actions - Ex-dividend-Axis Bank Rs 5/share-Swaraj Engines – final dividend Rs 15/share and special dividend Rs 18/share
Other stocks and sectors that are in news today:-ITD Cementation says JV with Tata Projects wins Mumbai Metro III contract worth Rs 2,830 crore-J Kumar Infra-CRTG JV bags Mumbai Metro phase III order worth Rs 5,012 crore-Oil India/IOC/BPCL - State companies deal spoils ONGC Videsh's Vankor stake buy plan: ET-JSW Steel - India Ratings downgrades rating to AA- from AA-JSW Energy gets competition commission of India nod to buy JSPL's power plant-Claris gets USFDA nod for anti-bacterial injection, nod is for generic Tobramycin-HCL Infosystems - Ind-Ra downgrades long-term issuer rating of the company from A to A--Fiem Industries gets order from Energy Efficiency Services for 22.14 lakh LED bulbs worth Rs 12.3 crore (1 month timeline)-Pokarna, Compuage, Mold Tek Tech to list on NSE today-IIFL Holdings to shore up Rs 2,000 crore in long term capital-Vakrangee announces tie-up with Religare health insurance-Camlin Fine board approves QIP issue worth Rs 55.67 crore at Rs 85.40/share-Insecticides India signs pact with Momentive Performance Materials for importing exclusive products-Southern Bio receives order from HPCL worth Rs 21.7 crore-Maruti Suzuki sells over one lakh units of Ciaz-Gujarat Industries Power gets letter of intent for 2 x 40 MW solar power projects in Gujarat Solar Park, village Charanka-Tata Power board meeting on July 11 to consider issuing non-convertible debentures-PFC transfers subsidiary Warora-Kurnool Transmission to Essel Infra Projects
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