Here are stocks that are in news today:
Banks in focus: SBI, ICICI Bank, PNB, Bank of Baroda etc-RBI tweaks strategic debt restructuring (SDR) norms-To allow to banks to invoke SDR With 26 percent ownership
Reliance Capital-Company to transfer stake in Reliance Commercial Finance to separate arm-Stake transfer will facilitate application of banking licence
Future Group-Shelve a plan for 50:50 JV with Hong Kong-based Fung group: BS-JV was planned outside Future’s listed entities (was for facilitating imports and wholesaling)
Orient Beverages-Started commercial production of new soft drink product namely SPICY-To continue to produce other soft drinks: (i) Fonzo, (ii) Limonata and (iii) Pinacolada
Other stocks and sectors that are in news today:-Vijay Mallya steps down as chairman of United Spirits-Kridhan Infra enters into agreement to acquire a leading Singapore based civil engineering company “Swee Hong Ltd” for 8 million Singapore dollar-RCF to acquire 11 percent stake in revival of Sindri Unit of FCI by forming JV with other PSUs-Unitech defaults on Rs 38.52 crore payments to Central Bank of India: PTI-Wipro collaborates with Wind River to showcase carrier grade cloud technology-Andhra Bank board meeting to consider preferential allotment to LIC-Chambal Fertilisers secured foreign currency loans for 1.34 MT urea plant-BASF undertakes global restructuring of plat biotech research yield enhancement project in rice to be discontinued & field testing sites to close-Chembond Chemicals signed JV with Malaysian company to serve water treatment market-Sadbhav Engineering: Rohtak Panipat tollway shut since February 17 due to Haryana riots-Airports Authority of India seeks documents from its JV partners GMR and GVK for CAG audit: PTI-Tata Steel loses iron ore mine allotment in Chattisgarh: BS-7 more counters will be available for trade in F&O from today: Indo Count, PC Jeweller, Tata Elxsi, Granules, Cummins, United Spirits, KPIT Technologies
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