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HomeNewsBusinessStocksStocks in news: Suzlon, Coal India, Alkem, Strides, Yes Bank

Stocks in news: Suzlon, Coal India, Alkem, Strides, Yes Bank

Siemens | Larsen and Toubro | Ashok Leyland | Sadbhav Engineering | Welspun Enterprises | SBI and Tech Mahindra are stocks, which are in news today.

March 08, 2016 / 09:10 IST
 
 
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Here are stocks that are in news today:

Tata Motors announces strategic partnership with Bharat Forge & General Dynamics Land-Tata Motors says strategic partnership with Bharat Forge for government's combat vehicle program  Coal India announces interim dividend of Rs 27.40/share-Dividend yield as of Friday’s market price at 8.3 percent SBI in focus-Debt Recovery Tribunal (DRT) passes orders on SBI's plea seeking first right on Diageo's moneyDRT order-Diageo cannot disburse money to Vijay Mallya temporarily-Diageo cannot disburse money to Vijay Mallya till March 28-Mallya can't withdraw USD 75 million settlement received from Diageo till case disposed off-DRT to next hear the Vijay Mallya default case on March 28

Mindtree-QoQ dollar revenue growth to be marginal due to delay in commencement of a few projects-For FY16; Mindtree will beat Nasscom’s guidance significantly-Will exceed Nasscom’s guidance in FY17 too

Strides Shasun-To acquire 3 brands from Moberg Pharma for USD 10 million-To acquire Jointflex, Fergon & Vanquish brands for USD 10 million Cadila Healthcare-Makes Class III recall of mental health drug Risperidone in the USAlert: Class III Recall is when exposure to product is unlikely to cause adverse health consequences-Recall due to failed impurities / degradation specifications

Opto Circuits-Opto Circuit’s subsidiary Cardiac Science makes Class II recall of Defibrillation electrodes in the USAlert: Class II recall is when exposure could cause temporary or medically reversible health consequencesAlert: Defibrillation electrodes used in cardiac devices

Apollo Tyres forays into 2-wheeler tyre segment-Apollo Tyres unveils 'Apollo Acti' series tyres for 2-wheelers-Apollo Tyres says Acti to cover 85 percent of replacement market for 2-wheerler tyres in India IT companies-India challenges US temporary visa scheme at WTO-Government says US visa fees are unfair trade practice

Maruti Suzuki-Suzuki plans USD 1.8 billion bond sale to fund Gujarat factory-February 2016: Produced 1.19 lakh units versus 1.21 lakh units YoY

Foreign Investment Promotion Board (FIPB) clears 16 proposals worth Rs 14000 crore-Approves Yes Bank’s proposal to hike foreign investment to 74 percent from current 41 percent

P&G-Company to stop supply of Oral-B toothpaste: ET-Company to move away from low margin segment, stagnant market share

IDBI-IDBI Federal Life acquires office space in Mumbai for over Rs 111 crore: ET-Insurance firm buys 62,000 square feet commercial space spread over 2 floors

Mahindra and Mahindra-Company shifts Ssanyong’s focus from US to China-Enters into talks for contract manufacturing to build Ssangyong vehicles in China

Eveready Industries-To make a foray into consumer products for domestic market-To launch ceiling fans, choppers, coffee maker espresso, dry irons, food processors, immersion water heaters, induction cookers, juicer mixer grinders, juicers, kettles, mixer grinders, multi grills, oven toasters grillers, pop-up toasters, rice cookers, roti makers, sandwich makers, steam irons and water heaters

MRSS India-Signed an MoU with CUTS International to enhance co-operation in market research-Management to significantly increase revenue in global government & social sectors

Avanti Feeds-Board meeting on March 16 to consider JV between Thai Union Group PCL, Bangkok & Avanti Frozen Foods Pvt Ltd-Thai Union Group to subscribe to Avanti Frozen Foods Pvt Ltd shares

Thomas Cook-Forays into the international trade payments market for SMEs-Signs agreements with Western Union & DCB Bank

Ashoka Buildcon-PNG Tollway SPV has terminated concession agreement with NHAI-Project was to design, EPC & transfer 6 laning of the PNG section of NH3-PNG: Pimpalgaon, Nashik, Gonde

Welspun Enterprises company's subsidiary signs concession agreement with NHAI-Order won worth Rs 841.50 crore to build package-I of Delhi-Meerut Expressway

Siemens-Board approves sale of healthcare undertaking for Rs 3,050 crore-Citigroup is the banker for healthcare unit deal

Economic affairs secretary says-Looking at Rs 50,000 crore in total for bank recapitalisation-Finance Minister Arun Jaitley will take up the issue of EPF very soon

Environment Ministry releases new categorisation of industries-New category of white industries will not require environmental clearance-Re-categorization of industries based on pollution load a scientific exercise-Industries having pollution index score of over 60 to be categorised red-Industries having pollution index score below 20 to be categorised white-New criteria will prompt industries to adopt cleaner technologies

Chambal Fertilisers signs Rs 500 crore term loan, Rs 300 crore bank guarantee agreement with SBI-Signs Rs 557.85 crore term loan agreement with Axis Bank-Term loan & bank guarantee for new urea plant at KotaAlkem Labs says-Mandva plant successfully obtains establishment inspection report from US FDA-Mandva plant was inspected by US FDA in September 2015-Mandava plant is company's 6th plant to receive US FDA approval

Other stocks and sectors that are in news today:-Tech Mahindra: Bombay HC approves amalgamation of Tech Mahindra BPO and New vC Services-L&T completes sale of Coimbatore casting manufacturing unit to Bradken-Ashok Leyland to invest USD 10 million to expand UAE manufacturing plant capacity-Jindal Photo Bombay High Court approves scheme of arrangement between Jindal Poly Films & Company-Sadbhav Engineering unit Rohtak Panipat tollway resumes toll operations-Finance Ministry says jewellers with turnover of over Rs 12 crore to pay 1 percent excise on non-silver jewellery-Nalco to invest Rs 900 crore in Kakrapar Atomic power plant in Gujarat-Lyka Labs board to consider merger of Lyka Healthcare, Lyka Exports with company on March 11-Ajanta Pharma receives US FDA nod for Almotriptan Malate tablets (treats acute migraine pain and a generic version of Axert)-Walchandnagar Industries CFO resigns with immediate effect-Filatex India commenced commercial production of FDY at Dahej plant (100 MT per day)-Nihar Info Global signs letter of intent with CMS Computers for sale of gold & silver coins via e-commerce portal-Kabra Extrusion extends technical collaboration agreement with Battenfeild Cincinnati till March 2026-Suzlon, Inox Wind in focus - Wind farms may get additional 0.25 percent rebates for upgrading turbines: BL-Jain Irrigation gets CCI approval to sell Rs 792 crore worth stake in JFFFL to Mandala Capital-Manpasand Beverages ties up with Baskin Robbins for retailing of beverages: BL-Auto, insurance companies in focus - Third party motor insurance to cost 30 percent more: BL-Sarda Energy settled an overseas arbitration case for 8.5 million pounds-Steel companies - Ministry looking to roll back green energy cess: FE-HPCL to invest Rs 45,000 crore by 2020 in refinery expansion: BS-Indiabulls Group to invest Rs 25,000 crore in Haryana over next 7 years-Telecom companies urge TRAI to hold call drop penalty till SC ruling: ET-Elecon Engineering gets Rs 225 crore order from Garden Reach Shipbuilders to supply marine gearboxes-Moody's downgrades Vedanta's corporate family rating (CFR) to B2, senior unsecured notes to Caa1; outlook negative

first published: Mar 8, 2016 07:00 am

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