Here are stocks that are in news today:
Future Consumer-To raise Rs 301 crore via convertible debentures to Black River Food at Rs 22.73/share-To raise Rs 67 crore via allotment of warrant to promoters at Rs 22.73/share-To enter into necessary agreements with Future Retail-Future Retail to be master franchisee & operate convenience stores network-KB’s Fair Price, KB’s Conveniently Yours, Big Apple & Aadhaar are CSNs (convenience stores network)-Future Retail to procure company’s long-term products on long-term basis-To enter into strategic alliance agreement with Food Fund 2
Jaypee Group-Jaypee Group sounds out potential suitors for its cement business: ET-Company plans to sell entire stake-UltraTech Cement / Dalmia Bharat / Shree Cement approached
Tube Investments of India-Board approves divestment of 4.18 crore shares in general insurance subsidiary Cholamandalam MS General-Constitutes 14 percent of share capital of Chola MS-Divement made to its JV partner Mitsui Sumitomo for Rs 211 per share aggregating Rs 883 crore
Allcargo Logistics-Company fixes record date for bonus shares as December 31-To issue 1 bonus share for every 1 held-Company to see an increase in authorized share capital
Max India says-Punjab & Haryana High Court approve demerger of company-To announce date for demerger into 3 separate entities in January 2016
Bosch-Proposes to suspend all manufacturing operations at Jaipur plant from December 26-January 2-Proposed suspension to adjust production to meet demand-The proposed suspension to have no financial impact on company
Tata Power-Company signs MoU with Ministry of Development of Russian Far East-MoU to increase energy investment between India and Russia
Inox Leisure-Board of company and Satyam Cineplexes pass resolution to extend date of validity of scheme of amalgamation beyond December 31, 2015-Companies awaiting High Court sanction on scheme of amalgamation
Info Edge-Company invests Rs 15 crore in Canvera Digital Technology-Total investment in company now stands at Rs 90 crore
Bulk DealsMangalore Chemicals & Fertilizers-Reliance Capital buys 38.85 lakh shares at Rs 41.5 per shareV-Mart Retail-Commonwealth of Pennsylvania Public School Rtr Fund buys 1.35 lakh shares at Rs 574 per shareBlue Star Infotech-First State Indian Subcontinent Fund buys 1.92 lakh shares at Rs 245 per share-Scottish Oriental Smaller Cos Trust buys 1.94 lakh shares at Rs 245 per share
Other stocks and sectors that are in news today:-Reliance Industries launches 4G services of Reliance Jio-Oil marketing companies/petroleum companies in focus: Chief Economic Advisor Arvind Subramanian says petroleum products to be kept out of GST for now-Adhunik Group - Lenders convert debt into equity for group company power Adhunik Power (unlisted): FE-Infra companies in focus - Government asks RBI to allow medium term foreign debt: BS-Lyka Labs to raise funds by issue of securities on December 28-SMS Pharma gets US FDA nod for Unit 7 manufacturing facility against inspection in April-Intellect Design Arena says Polaris Banyan merges with Aaum Holdings-Mirza International - High Court approves scheme of amalgamation of Genesisfootwear Enterprises-Lanco Infratech to consider issue of compulsory convertible debentures through preferential allotment on December 30-JK Lakshmi as promoter entity to make an offer for sale for 88.9 lakh shares (3 percent equity) in Udaipur Cement Works on December 29-Speciality Restaurants resumes operations in units impacted by Chennai due to floods-Gujarat NRE Coke allots shares to its lenders consequent upon option excersized by lenders as part of CDR package-Simplex Projects receives wind up notice from one of its creditors filed before Calcutta HC-Oil India signs MoU with Russian oil & gas company Rosneft for cooperation in Russia-Aurobindo Pharma gets US FDA nod for Famotidine (used to treat stomach ulcers)-GMR Infra says it had exercised its call option right on the compulsorily convertible preference shares (CCPS) held by the private equity investors of GMR Airports (GAL)-HT Media says Singapore arm HT Overseas invests in DealStreetAsia, Singapore-GAIL to take 5 percent stake in consortium building TAPI (Turkmenistan-Afghanistan-Pakistan-India) gas Pipeline: PTIDisclaimer: Reliance Industries owns Network 18, which publishes Moneycontrol.com
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