Here are stocks that are in news today:
Jindal Stainless in focus-Trade ministry recommends anti-dumping duties ranging from USD 180 to USD 306 per tonne.-Duty recommendation for some industrial-grade stainless steel imported from China, Malaysia and South Korea-If move applied will help in protecting the local industry
Ajanta Pharma-Fixes March 23 as record date for stock split-Stock split from Rs 5 to Rs 2/share Corporate Action-ACC: AGM & ex-dividend Rs 19/share-Mold-Tek Packaging: Ex-dividend Rs 2/share
Crompton Greaves-Gets order worth euro 3.4 million in Saudi Arabia-To provide smart grid solutions in Saudi Arabia Coal, Power Minister Piyush Goyal to CNBC-TV18-Coal ordinance is still in force-When an ordinance is in force, it is law of the land-Will get select panel report on Coal Mines Bill by March 18-See no problem in transferring coal auction proceeds to states-Coal auction proceeds yet to come to central government Ashoka Buildcon in agreement to acquire additional stake in Jaora Nayagaon Toll road projectAlert: CNBC-TV18 was first to report on Ashoka Buildcon acquiring additional stake Finance Minister Arun Jaitley says-Government committed to provide PSU banks financial autonomy-Banks must have strong public grievances redressal mechanism-Efforts on to bring greater in professionalism in governance-Efforts on to bring in management reforms of banks-Next phase of Pradhan Mantri Jan-Dhan Yojana (PMJDY) to focus on mobilisation of finance savings-Banking system capable of delivering desired output-Energies of banks should be focussed on priority-MSEs' lending targets critical for successful 'Make in India'-There is need to achieve all targets of MSE lending-Credit growth in housing sector higher versus overall credit growth-Overall targets for minority sector lending have been achieved-PSBs must follow revised guidelines of model educational loan scheme-Government infused Rs 14,000 crore during FY14 in 14 PSBs-Government decided to infuse Rs 6,990 crore in 9 PSBs in FY15-Gave further approvals to 7 PSBs to raise capital from market in FY15-Decision to cut government shareholding in PSBs to 52 percent to give banks headroom to raise capital from market-Government in process of establishing six new Debt Recovery Tribunals (DBTs)-DBTs to speed-up recovery of bad loans of banking sector-Resolution of stalled projects to help PSBs in improving asset quality Government says will name finalised head for BRICS bank shortlyFinance Minister:-To leave for 3-day official visit to UK tomorrow-To meet UK PM, British Chancellor Of Exchequer George Osborne-To interact with foreign investors during his UK Visit CBDT Chairperson RK Tewari to CNBC-TV18-Have raised a draft assessment order on Cairn UK-Cairn UK has option to appeal to DRP Or CIT (appeals)Alert: DRP: Dispute Resolution Panel, CIT: Commissioner Of Income Tax-Final assessment order on Cairn UK still awaited-Retrospectivity by law in Section-9 Of I-T Act still stands Cabinet appointments committee approves appointment of 9 executive directors in PSBsGovernment-Appoints Charan Singh as executive director, UCO Bank-Appoints KV Rama Moorthy as executive director, Bank Of Baroda-Appoints RP Marathe as executive director, Bank Of India-Appoints Harideesh Kumar B as executive director, Canara Bank-Appoints NK Sahoo as executive director, Allahabad Bank-Appoints Pawan Kumar Bajaj as executive director, Indian Overseas Bank-Appoints Ravi Shankar Pandey as executive director, Syndicate Bank-Appoints KP Kharat as executive director, Union Bank Of India-Appoints RC Lodha as executive director, Central Bank Of India
Spectrum Auction-Government gets bids worth Rs 96,000 crore at end of 43rd round on day 7-Bidding in 2100 MHz, 1800 MHz, 900 MHz, 800 MHz bands continues-43 rounds of bidding completed at the end of day 7-6 rounds of bidding were completed on Wednesday-Bidding is taking place in all bands-Brisk bidding seen on day 7, with activity requirement at 100 percent Other stocks and sectors that are in news today:-Tech Mahindra fixes March 20 as record date for issue of bonus shares in ratio 1:1 & sub-division in ratio of 2:1-MMTC board approves delisting of shares from Delhi and Kolkata Chennai Stock Exchanges-Era Infra Engineering approves allotment of 14.98 crore shares of face value Rs 2/share at premium of Rs 10/share on conversion of 1.8 crore zero coupon compulsory convertible debentures-MIC Electronics board meet on March 19 to approve conversion of preferential convertible equity shares to warrant in 1:1 ratio-Swiss Finance Corporation (Mauritius) sells 3.7 lakh shares of Strides Arcolab at Rs 1060/share-HUL & Nestle: HUL's brand Knorr is launching instant noodles to compete with Nestle's Maggi: ET-Dabur: Promoters in talks to invest in EasyPolicy.com: ET-ONGC Videsh in talks to acquire stake in 2 Siberian oil fields: BL-BSNL & MTNL: Subscribers owe company Rs 3407 crore: FE-Mahindra & Mahindra in pact with Paytm for 2 wheeler sales: FE-Oil Ministry: Identifies 52 oil & gas blocks for next round of bidding-Educomp Solutions gets shareholders’ nod to issue equity shares on preferential basis
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