Stocks in news: Strides Arcolab, Religare Ent, Alstom, NTPC

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Here are stocks that are in news today:

Power Grid Corporation-FPO lists today-Issue price Rs 90 per share-Retail investors will get a discount of Rs 4.50 per share

Financial Technologies founder Jignesh Shah says-Not in a position to comment on Forward Markets Commission (FMC) order-In talks with borrowers for recovery of money-Cannot comment on possibility of resigning from Financial Technologies board-Several borrowers have approached for repayment-Have updated Economic Offences Wing (EOW) on talks for settlement

EOW says-Have finished inspecting book of accounts of 23 borrowers-Will summon brokers in a few days-Have issued notices to brokers seeking more details-Need to establish investment details-Jignesh Shah shares information on recovery plan from borrowers-To consider FMC report, but has no major value as evidence-Must strengthen report by collecting more evidence

DLF-Completes sale of stake in insurance JV to Dewan Housing-Sells its 74 percent stake to Dewan housing and its group entities-Price estimated to be in tune of Rs 250 crore-Rs 300 crore

NTPC-Ties up € 55 million loan from Germany's KfW-KfW's 12-year-loan to fund capex for Mouda plant

Alstom India-Gets order worth Rs 1,070 crore from BHEL-To supply components to BHEL for Neyveli Thermal Power Project

Zenith Infotech says-Bombay HC order on winding up company stayed till April 16-Bombay HC order stayed to enable sale of cloud computing operations-Will appeal against Bombay High Court order

Religare Enterprises-Got Foreign Investment Promotion Board (FIPB) nod on December 3 for Customers Bancorp (CUB) investment up to USD 28 million in share warrants-On guidance from Federal Reserve, CUB decides not to acquire share warrants

Akzo Nobel India-MD Amit Jain to step down on December 31-CFO Himanshu Agarwal to act as company’s operating head w.e.f. January 1-Amit Jain has been appointed as non-executive director w.e.f. January 2

Other stocks and sectors that are in news today:-Strides Arcolab ex-date today for special dividend of Rs 500/share-Pipavav Defence shareholders okay raising up to USD 200 million-D-Link India: Board meeting on December 21 to consider raising funds through preferential allotment or right issue