Here are stocks that are in news today:
September auto sales data-Tata Motors sales growth of 8 percent YoY-SML Isuzu sales down 5.3 percent YoY-M&M sales growth of 8 percent YoY-Atul Auto sales growth of 8.46 percent YoY-Ashok Leyland sales decline 18 percent YoY-Eicher Motors motorcycle sales growth of 30 percent YoY-Maruti Suzuki sales growth of 31.1 percent YoY
MOIL-Ferro grades of ore price increased by 25 percent effective October 1-Fines price increased by 20 percent & chemical grades by 25 percent effective October 1-Electrolytic manganese dioxide price remains unchangedAlert: MOIL had taken price hike of 15-25 percent last month
Jubilant Life says-Receives US FDA nod for RUBY-FILL-Rubidium 82 generator & Elution system-Product expected to be launched in current quarter under brand RUBY-FILL-US market size for RUBY-FILL at USD 76 million & can grow up to USD 250 million per year in 5 years
Alkem Labs-Gets tentative US FDA approval for Minocycline hydrochlorideAlert: Minocycline hydrochloride is used to treat different bacterial infectionsInox Wind-Wins repeat orders for supply & installation of 350 MW from customers-Wins repeat orders worth Rs 2,000 crore & expected to be commissioned by March 2017
Liquor prohibition law in Bihar-Bihar government notifies new liquor prohibition law for state: PTIBihar Chief Minister Nitish Kumar says-Government is committed to continue with total prohibition in the state
Kotak Mahindra Bank-Acquires BSS Microfinance for Rs 139.2 crore-To complete BSS Microfinance acquisition in 3-4 months-Net worth of BSS Microfinance as on June 30, 2016 at Rs 72.9 crore
Petronet LNG-Allotted shares worth Rs 7.5 crore to GDF International-Not aware of any development on Engie's 10 percent stake in company
IOC-Hikes petrol prices by 28 paise per litre; diesel prices cut by 6 paise per litre-Revised petrol price at Rs 64.58/litre in Delhi; in Mumbai at Rs 71/litre-Revised diesel price in Delhi at Rs 52.51/litre; at Rs 58.03/litre in Mumbai
Government cuts October-March local gas prices to USD 2.50/mmbtu from USD 3.06/mmbtu-Government cuts October-March local gas prices to USD 2.50/mmbtu on gross calorific value (GCV) basis-Govt sets premium gas price cap at USD 5.31/unit
Zee Entertainment clarifies-No acquisition of UAE's Hum 106.2 FM by company or units-Lease of radio frequency in UAE not material to operations of company
SBI, PNB likely to pick stake in India Infrastructure Finance Company (IIFCL)-anchored Rs 500-crore credit enhancement fund: PTI-Government asks IRDA to exempt LIC from holding 15 percent stake in IIFCL-anchored Venture: PTI
GNFC partners with Belgian company Ecophos to set up di-calcium phosphate plant: PTI-GNFC, Ecophos to set up plant worth Rs 526 crore in Dahej, Gujarat
Tata Motors to hike passenger vehicle prices to offset rising input cost: PTIAlert: M&M hiked passenger vehicle, commercial vehicle rates by up to 1 percent, Maruti & Hyundai by up to Rs 20,000
Other stocks and sectors that are in news today:-Lupin, Mylan & Sun Pharma Global get US FDA nod for Memantine hydrochloride capsules-IL&FS Engineering Managing Director Murli Dhar Khattar resigns-Coal India buyback starts today, ends on October 8-Disa India ex-date for buyback-Zee Entertainment revives talks to acquire Reliance Broadcast network: ET-Gammon Infra eyeing atleast two road assets in FY17: BS-SAB Group to invest Rs 500 crore in next 2-3 years in different media verticals: FE-Ashok Leyland to line up 8-10 new light commercial vehicles, invest upto Rs 400 crore in next 2-3 years: FE-Spectrum auction may close as early as mid week-AstraZeneca faces protest after layoffs: BS-Tata AIA in discussion to get its policies sold through HDFC Bank: ET-Exide Industries - Indian major in trademark fight with US firm: ET-Time Technoplast - Promoter group sold shares worth Rs 9 crore to develop land in Mumbai-Satkar Finlease board approves stock split from Rs 10 to Re 1 each-KDDL board meeting on October 7 to consider issue of shares/warrants through preferential allotment-Coal India September production of 35.24 MT versus target of 41.51 MT and Offtake of 37.74 MT versus target of 42.85 MT-Sunteck Realty board meeting on October 5 to consider amalgamation of Advaith Infra projects & Satguru Corporate Services with itself-Future Lifestyle to raise Rs 250 crore in its subsidiary for Lee Cooper-Emco to sell business unit in Sangli on slump sale basis-Minda Industries completed acquisition of Panasonic Minda Storage Batteries and investment in Roki Minda-Mahindra Holidays to acquire 12 percent stake in Nreach Online Services-Reliance Infrastructure acquired more than 5 percent stake in SU toll road, TD toll road and TK toll road, BSES Yamuna Power and BSES Rajdhani Power-SBI extended tenure of chairperson Arundhati Bhattacharya for one year-Lakshmi Vilas Bank revised MCLR rates to 10.25 percent and 10.2 percent for various tenors-Sun Pharma to announce late-breaking results for drug under development Tildrakizumab-Indian Hume Pipe approved monetising Pune land which has been closed since November 1, 2015-Shriram Transport Finance to consider issue of non-convertible debentures (NCDs) on October 31-RBL Bank acquired 9.99 percent stake in Utkarsh Micro Finance-Sita Shree Food Products sold 14 percent stake in Anoop Food-Inox Leisure commences commercial operations of Jaipur multiplex-PNB revises MCLR rates for various tenors from 9.05 percent to 9.6 percent-Fortis Healthcare in focus - Fortis Hospitals to accept term loan of Rs 225 crore from Yes Bank-JM Financial ARC becomes subsidiary of the company-Wanbury says successful completion of USFDA audit at Maharashtra plant-Arman Financial reduces interest rates between 110bps to 150bps w.e.f. October 1-RBI hikes FII limit from 24 percent to 34 percent in MCX-REC approves & issues 98.75 crore bonus shares in the ratio of 1:1-Promoters not in talks with private equity funds to sell stake in Lovable Lingerie-Gyscoal Alloys gets shareholder nod for stock split in ratio of 1:1-J&K Bank gets RBI nod to appoint Parvez Ahmed chairman & CEO-Cox & Kings' MEININGER Hotels signs pact to new hotel in Heidelberg, Germany-Rajasthan HC approves scheme of arrangement between Reliance Communications & Sistema Shyam-Finance ministry official says Hindustan Copper's 7 percent offer for sale fully subscribed-Vedanta appoints Arun Kumar as chief financial officer of Vedanta Group-DCM Shriram - CARE reaffirms long term rating of BBB+ and short term rating of A3-SP Apparels - ICRA upgrades long term rating from BB to BBB+ and short term rating from A4 to A2-Indo Amines - CRISIL assigns long term rating of BBB+-KRBL - ICRA assigns long term rating of AA- and short term rating of A1+-Flexituff - ICRA assigns long term rating of BBB+ and short term rating of A2-Edelweiss - ICRA assigns short term rating of A1+-CMI - CARE upgrades long term rating from BBB- to BBB and reaffirms short term rating of A3
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