Here are stocks that are in news today:
Sun Pharma-Acquires 1.3 crore series B preffered stock of US-based company scPharmaceuticals Inc-Acquires preferred series B stock in scPharma for USD 13 millionWipro-Reaches an agreement with US Securities & Exchange Commission to resolve 6-year old investigation-As per agreement, company to pay penalty of USD 5 million to US SEC
Reliance Home Finance-Issue oversubscribed; gets bids for Rs 4,000 crore versus Rs 1,000 crore target-Issue to close today instead of January 6
Maruti Suzuki-Toshiaki Hasuike ceases to be whole-time director designated as joint managing director-Toshiaki Hasuike continues as a non-executive director
Hinduja Ventures-Board approves subscribing to 16.57 lakh Hinduja Leyland Finance shares at Rs 79 each-Board approves divestment of 4.36 crore Hinduja Energy shares at Rs 31.58 each
Tata Motors EGM results-Shareholders vote to remove Nusli Wadia as director of the company-71.2 percent of total number of votes cast, support Wadia's removal resolution
Other stocks and sectors that are in news today:-Dr Reddy's Labs gets tentative US FDA nod for Guaifenesin/Pseudoephedrine drug-Aurobindo Pharma gets USFDA nod for Pitavastatin calcium-Kotak Mahindra Bank under I-T scanner; fake accounts with nearly Rs 70 crore found: CNN-News18-Puravankara Projects name changed to Puravankara-Future Consumer - CARE reaffirms rating of A and A1-Mahindra & Mahindra Financial Services establishes Rs 5,000 crore medium term note program-Suzlon partners with AMP Solar for 15 MW solar project in Telangana-Hinduja Ventures approved disinvestment of 4.36 crore shares of Hinduja Energy at Rs 31.58 per share-JBM Auto board meeting on December 29 to reconsider fund raising including QIP-Good Luck India board meeting on December 27 to consider issue of convertible warrants to promoters-Asian Oilfield board meeting on December 27 to consider allotment of warrants to proposed allotees-Igarashi Motors board meeting on December 26 to consider amalgamation of group companies-AGI Infra board meeting on December 30 to increase borrowing limits and issue non-convertible debentures (NCDs) worth Rs 25 crore-JSW Energy board meeting on December 27 to consider issue of NCDs-Welspun Enterprises approved buyback worth Rs 269 crore at Rs 62 per share-Tata Metaliks DI Pipes to be amalgamated w.e.f. December 22, 2016-JK Paper to sell 20 percent stake in Oji JK Packaging to Oji Holdings-Edelweiss Financial likely to raise Rs 600-750 crore via ECL Finance listing: ET-KKR to lend USD 100 million to Strides Arcolab's promoters-UB Holdings' N Srinivasan resigns as director-Voltamp Transformers suspended Savli factory operations effective from December 21-Karnataka High Court accepts Sasken Communications arm's petition to withdraw merger with company-ProConnect increases stake to 76 percent in Redington's arm with option of buying additional 24 percent
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