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Last Updated : Mar 15, 2016 10:21 AM IST | Source: CNBC-TV18

Stocks in news: Lupin, Wipro, JSPL, Persistent, BILT, Elder, M&M

Lupin | Wipro | JSPL | Persistent Systems | SpiceJet | Chambal Fertilisers | Ballarpur Industries | Elder Pharma | ICICI Bank | ONGC | IOC | Oil India | Greenply Industries | Mahindra & Mahindra | Global Vectra | Indian Hume Pipe | Palred Tech and Vakrangee are stocks, which are in the news today.

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Todays L/H

Here are stocks that are in news today:

Lupin to CNBC-TV18
-US FDA inspected Goa facility last week
-US FDA cited 9 observations in Goa inspection last week
-US FDA observations on aspects such as inadequacy & adherence to standard operating procedures (SOP)
-In the midst of putting together response to USFDA

Coal India
-Produced 501.34 MT till March 13, 2016
-Offtake: 504.09 MT till March 13, 2016


Pfizer: Temporary relief
-Delhi HC stays March 10 notification w.r.t Pfizer
-To next hear Pfizer plea on March 21
-Delhi HC says no enquiry, no showcase notice issued to Pfizer before notification

-Company sets growth target for FY17 at 12-14 percent: Mint
-Makes a strategic investment in Emailage Corp

-Company says all parties have agreed to jointly approach BSE, SEBI
-Necessary board resolutions will be passed in Maran, KAL Airways matter
-Warrants could not be issued due to non-receipt of regulatory approvals

Persistent Systems
-Signed an agreement to acquire assets of PRM Cloud Solutions Pty Ltd, an Australia-based company
-PRM is engaged in sales force implementation services
-PRM Cloud Solutions Pty Ltd. is a subsidiary of Datetix Group, a company listed on ASX
-Datetix group market cap AUD 8 million (Rs 40 crore)

Tree House's disclosure to exchanges:
-Promoters create pledge on 86.4 lakh shares between March 3 and 5, 2016
-Promoters create pledge on 20.4 percent equity as security provided for third party loan

Chambal Fertilisers
-Okays sale & disposal of Ratna Puja for USD 22.5 million to Sumire Navigation, Liberia
-Sale of Ratna Puja is expected to be completed by April 30
Alert: Ratna Puja is one of Chambal Fertilisers' ship
-Has sold one of its ships for USD 22.5 million (around Rs 150 crore); book value of ship Rs 263 crore

Gas based power companies (Lanco Infra, Torrent Power): BS
-Third reverse e-auction for subsidy support worth Rs 1,600 crore to start today

Ballarpur Industries
-Bankers raise concern over company's upcoming repayment of commercial paper worth Rs 850 crore: ET
-Company yet to complete sale of its Malaysian forest arm

Elder Pharma
-Company's FD holders cry foul over lost money: ET
-Despite SC order, company has failed to produce refund proposal

Sun Pharma Advanced Research Company
-Rights issue opens on March 28 - closes on April 11
-5 shares for every 116 shares held at Rs 245 apiece

Allcargo Logistics
-Company to set up inland container depot & logistics park in Haryana
-Company says inland container depot & logistics park will comprise of rail-linked freight terminal

Zee Enterprises to acquire 100 percent stake in Fly By Wire International
-Acquisition will be in all cash deal

Other stocks and sectors that are in news today:
-P&G discontinues manufacturing & sale of Vicks Action 500 (is a fixed dose combination drug)
-Aurobindo Pharma gets USFDA approval for Ibandronate sodium tablet (used to treat osteoporosis)
-JSPL to divest 4.12 percent holding in India Energy Exchange; will complete sale in FY16
-ONGC mulls drilling 9 development wells in 2 fields worth Rs 3,750 crore
-ICICI Bank raises USD 700 million via 10-year dollar bonds
-Surana Industries allotted 63.9 lakh shares to promoters at Rs 72.82 apiece under corporate debt restructuring (CDR)
-Moody’s downgrades Adani Abbott Point Terminal, outlook negative
-ONGC Videsh, IOC, Oil India to ink USD 2 billion deals with Rosneft: FE
-Greenply Industries to incorporate a wholly owned subsidiary in Singapore to cater to exports of MDF & Laminated Flooring products
-Indiabulls Real Estate to issue debentures worth Rs 70 crore
-Tata Motors Sanand plant to get labour union in a month: BS
-M&M forays into farm rental equipment services
-SPML Infra board meeting on March 18 to issue preferential shares to promoters & non promoters
-Balaji Telefilms board meeting on March 19 to consider interim dividend
-Piramal Enterprises board meeting on March 18 to approve private placement of debentures worth Rs 100 crore
-Global Vectra to sign MoU with Era Group to jointly develop Helicopter Medical Emergency Services Era - US-based company, among the largest helicopter operator in the world
-SVOGL allotted 81.17 lakh shares to promoters at Rs 6.76 apiece under corporate debt restructuring
-Indian Hume Pipe wins order for Rs 147.4 crore from Anantapuramu Municipal Corp, Andhra
-Palred Technologies average order value of LatestOne.com increases by 50 percent to Rs 750 crore in March quarter against Rs 500 crore in December quarter FY16.
-Vakrangee announces tie up with IOC PAN India

First Published on Mar 15, 2016 08:09 am