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Last Updated : Sep 09, 2015 10:59 AM IST | Source: CNBC-TV18

Stocks in news: M&M, Hindustan Zinc, TCS, HUL, Wockhardt

Mahindra and Mahindra | Birla Corp | Hindustan Zinc | IVRCL | Wockhardt | NALCO | Indiabulls Housing | TCS and HUL are stocks, which are in the news today.

 
 
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Here are stocks that are in news today:


JSW Energy on CNBC-TV18:
-With this acquisition, hydro power capacity will be 1,391 MW
-Raised Rs 1,500 crore debt for the acquisition
-Acquired assets will be value accretive from day one


Aditya Birla Group to apply for NBFC aggregator licence with RBI
Alert: RBI devising regulatory mechanism for NBFCs to function as account aggregator
-NBFCs will help customers operate accounts across financial institutions in a common format
-AB Group’s arm AB Customer Services to apply for NBFC aggregator
Alert: RBI working on guidelines for setting up of NBFC aggregators

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TCS to CNBC-TV18:
-Audits by labor department have taken place from time to time
-Company has always been found to be compliant
-Company attaches highest importance to strict compliance programme
-Company abides by all regulatory requirements & visa laws


HUL sells its bread & bakery business to Everstone's Nimman Foods
Alert: Bread & Bakery business of HUL is under the brand name 'Modern'


Government:
-First stage of FM radio auction ends after 125 rounds of bidding
-Total winning price at Rs 1,156.9 crore against aggregate reserve price of Rs 459.8 crore


European Union approves General Electric's €12.4 billion takeover of Alstom's power unit
General Electric
-To sell Alstom assets to Ansaldo Energia
-To sell Alstom's heavy duty gas turbine product to Ansaldo
-To sell Alstom's US-based unit power system manufacturing to Ansaldo
-To sell Alstom's service contracts for 34 installed turbines to Ansaldo


RBI Deputy Governor R Gandhi says:
-Rapid increase in the forms of financial services provided by banks now
-Benefits of financial inclusion will be incomplete without customer protection
-Financial Sector Legislative Reforms Commission (FSLRC) has made several recommendations for consumer protection
-FSLRC’s draft recommendations are being examined by RBI
-Consumer protection is an ongoing effort by RBI
-Demand for deposit insurance cover to be hiked from current Rs 1 lakh limit
-New bank licences will be issued on a very selective basis
-In final stages of processing small finance bank applications
-Will be able to sustain low levels of inflation going forward
-Will be cautious while giving out small finance bank licences
-To announce small finance bank licences in few weeks
-ABN Amro, DBS & State Bank Of Mauritius have applied for wholly owned subsidiary in India


SEBI amends norms for exchanges, brokers, other entities
-SEBI amends norms to bring commodities derivatives market under its ambit

Other stocks and sectors that are in news today:
-Navkar Corporation lists today
-Wockhardt gets US FDA nod for alzheimer's drug Memantine hydrochloride
-Indiabulls Housing QIP closes; company raises USD 600 million
-Mahindra close to buying Italian design firm Pininfarina: Reuters
-Newars move HC against Lodha led Birla Corp’s acquisition of Lafarge’s cement units: ET
-Government may amend Metal Corp Act to push stake sale in Hindustan Zinc, BALCO: ET
-Monnet Ispat, lenders agree on debt equity swap: FE
-IVRCL to seek shareholders’ nod to raise Rs 500 crore via QIP
-NALCO to invest Rs 30,000 crore in Odisha
-Met department says June 1-September 8 rainfall at 658.9 mm; 14 percent below normal
-Accenture to acquire S3 Group's TV technology business: Reuters
-Heineken acquires 50 percent stake in US Craft Brewer Lagunitas



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First Published on Sep 9, 2015 08:01 am
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