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Idea Cellular | Axis Bank | HDFC Bank | Kotak Mahindra Bank | Bharti Infratel | Bharti Airtel | Adani Transmission | Mahindra CIE | Rallis India | Kirloskar Ferrous | Kingfa Science | Adani Enterprises | Sun Pharma | Nava Bharat Ventures | Bodal Chemicals | Sasken Communication and Aditya Birla Nuvo are stocks, which are in the news today.
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Kishore Biyani-led Future Group's food arm Future Consumer Enterprise today launched its oats brand 'Kosh' and eyeing a revenue of Rs 200-300 crore in the next 2-3 years.
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Future Consumer Enterprise Ltd's
consolidated net loss narrowed to Rs 20.73 crore in the first
quarter ended June 30, the company said today.
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Bharti Airtel | Idea Cellular | Reliance Communications | Wipro | CRISIL | Linde India | Sun Pharma | DLF | Anant Raj | JBM Auto | Exide Industries | HDIL | Igarashi Motors | Cupid | Shree Cement | Glenmark | Alkem Labs and Torrent Pharma are stocks, which are in the news today.
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SBI | Tata Motors | Hero MotoCorp | Jaiprakash Associates | Indraprastha Gas | Future Consumer Enterprise | Bajaj Electricals | MPS | Solar Industries | GeeCee Ventures | Snowman Logistics | Trigyn | Jubilant Industries | Bosch | Indian Hotels | MTNL | TVS Motor and Thomas Cook are stocks, which are in the news today.
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SBI | Tata Motors | Hero MotoCorp | Jaiprakash Associates | Indraprastha Gas | Future Consumer Enterprise | Bajaj Electricals | MPS | Solar Industries | GeeCee Ventures | Snowman Logistics | Trigyn | Jubilant Industries | Bosch | Indian Hotels | MTNL | TVS Motor and Thomas Cook are stocks, which will be in the news on Monday.
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Future Consumer Enterprise Limited (FCEL) today said it would raise Rs 134 crore from the World Bank's investment arm International Finance Corporation (IFC).
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Shoppers Stop MD Govind Shrikhande says that the cabinet decisions signal early Diwali for them. He is also confident that the 7th Pay Commission will convert to retail demand as the company registered a jump of 20 percent after 6th Pay Commission.
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Kishore Biyani-led Future Consumer Enterprise is engaged in the business of sourcing, branding, marketing and distribution of FMCG, food and grocery products.
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ITC | SBI | Maruti Suzuki | Tech Mahindra | BASF | Future Consumer | Grasim Industries | JSPL | Max Ventures | SKS Microfinance | Majesco | Bayer Cropscience | United Breweries Holdings | Bajaj Finance | Sobha | Shrenuj & Company | Sharon Bio Medicine and Asian Paints are stocks, which are in the news today.
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IFC will invest USD 20 million (Rs 134 crore) through equity linked instruments in the company and for the said purpose, the board has proposed to issue and allot equity linked securities to IFC.
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ITC | Maruti Suzuki | Torrent Power | Sobha | MRO-TEK | Mahindra Lifespaces | Coal India | Future Consumer | ENIL | ICRA | Pidilite Industries and IRB Infrastructure are stocks, which are in the news today.
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Future Consumer Enterprise Ltd, a part of Kishore Biyani-led Future Group, today reported a consolidated net loss of Rs 25.82 crore for the fourth quarter
ended on March 31, 2016
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Following Future Group's tie-up with Patanjali, Kishore Biyani has been upbeat about a lot of things: the retail space which has done well in the first two weeks of April, the no-threat from e-commerce and the growth of Future Consumer Enterprise.
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Vishal Malkan of malkansview.com recommends buying Reliance Communications with a target of Rs 55 and Bata India with a target of Rs 540.
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On March 30, 2016 Godrej Agrovet Ltd sold 1,72,90,698 shares of Future Consumer at Rs 20.30.
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Ashish Kyal of wavesstrategy.com is of the view that one may hold Future Consumer Enterprise.
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The company is likely to launch Oats in the health segment, while in the personal care segment, brands will be launched as part of a joint venture it had signed with Swiss firm Mibelle in 2015, sources say.
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It is learnt that the group may announce Trent tie-up on March 3 and it will distribute private FMCG labels via Trent's Star Bazaar stores.
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The company had posted a net loss of Rs 21.45 crore in the corresponding quarter a year ago.
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Krish Subramanyam of Altamount Capital recommends buying India Cements and TV18 Broadcast and advises selling Ceat.
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Future Group's next-generation head Ashni Biyani says all eyes are on how the government intends to improve liquidity in the market.
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Kishore Biyani's food firm Future Consumer Enterprise Ltd has raised over Rs 300 crore from Private Equity fund Black River. Black River will have right to nominate one director on the Board of Directors of the company.
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The company in a filing to the BSE said that its board has approved raising "USD 45 million (about Rs 301.5 crore)" through preferential issue of equity-linked securities to Black River Food 2 Pte Ltd.
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Stocks likely to be in the news are: Reliance Industries, Future Consumer Enterprise, Max India, SMS Pharmaceuticals, Tube Investments of India, Ricoh India, Jaiprakash Associates, Bosch, BF Utilities, Reliance Capital.
