Tuesday, November 26, 2019

Today's Stock News - 27.11.2019: 09.00 Am

Today's Stock News - 27.11.2019: 09.00 Am
KEEP REFRESH FOR NEXT UPDATE 

       தினமும் வீட்டில் இருந்து பணம் சம்பாதியுங்கள்                                           Click Here :- Register for Free Training
Whatsapp Number : 91-9094047040 / 91-9841986753
 RUPEEDESK - SHARE MARKET TRAINING 


* ALLCARGO LOGISTICS: Today's board meeting to consider raising up to 1.95 bln rupees through nonconvertible debentures has been cancelled due to unavailability of directors.

* BHARAT PETROLEUM CORP: Moody's Investors Service has placed the company's "Baa2" issuer and senior unsecured ratings on review for downgrade after the government decided to sell its entire stake of 
53.29%, and transfer the management control to a strategic buyer.

* BHARTI AIRTEL: Bharat Sanchar Nigam has sought the telecom department's intervention after the company allegedly threatened to disconnect the state-run telco's customers if it does not treat the company and TATA TELESERVICES MAHARASHTRA's consumer mobility business as a merged entity.

* CARE RATINGS: Ishares Core Emerging Markets Mauritius Co has sold 235,520 or 0.8% stake in the company at 450.74 rupees apiece via a bulk deal on National Stock Exchange.

* CG POWER AND INDUSTRIAL SOLUTIONS: SEBI has asked the company to provide its ousted chairman Gautam Thapar and others information they had sought on audit findings of financial irregularities in the company during their tenure.

* COFFEE DAY ENTERPRISES: Even as 24 suitors have gone ahead and signed a non-disclosure
agreement with the company to pick up a majority stake in Coffee Day Global, which runs the Cafe Coffee Day chain, the founder-family and the management are likely to delay the sale.

* COLGATE PALMOLIVE (INDIA): Integrated Core Strategies (Asia) sold 0.6% stake or 1.5 mln shares in the company at 1,493.72 rupees per share via bulk deal on the National Stock Exchange.

* CONTAINER CORP OF INDIA: The company signed a settlement agreement with Jalandhar-based Kohinoor India on Wednesday and paid 918,933 rupees to the latter in the final settlement.

* FORTIS HEALTHCARE: The company's board has appointed Sim Heng Joo Joe as an additional
director.

* GLENMARK PHARMACEUTICALS: Integrated Core Strategies (Asia) has bought 3.4 mln shares or 1.2% stake in the company at 341.56 rupees per share through a bulk deal on National Stock Exchange.

* GOA CARBON: The company has temporarily shut operations at its Bilaspur unit in Chhattisgarh from Tuesday for maintenance work.

* ICICI BANK: Integrated Core Strategies (Asia) has sold 48.09 mln shares or 1% stake in the bank at 510.10 rupees apiece through a bulk deal on the National Stock Exchange.

* INDIABULLS HOUSING FINANCE: Blackrock Fund Advisors A/c Ishares India Index Mauritius
Company sold 0.7% stake, or 3 mln shares, in the company at 259.05 rupees per share through a bulk deal on the National Stock Exchange.

* INFO EDGE (INDIA): Morgan Stanley Mauritius Co sold 782,299 shares, or 0.6% stake, in the company at 2,631.70 rupees per share through a bulk deal on the National Stock Exchange.

* INFOSYS: The company has launched Cyber Next platform-based offerings in partnership with
Microsoft.

* INTERGLOBE AVIATION: Indigo, which recently announced induction of 300 Airbus A320neos, could see some slowdown in capacity addition in the near term as a result of the directive from the Directorate General of Civil Aviation.

* L&T FINANCE HOLDINGS: The committee of directors will meet on Friday to approve raising up to 600 mln rupees through cumulative compulsorily redeemable non-convertible preference shares on a private placement basis.

* MANAPPURAM FINANCE: International credit rating agencies Fitch Ratings and S&P have assigned '(EXP) BB-' rating to the company's proposed dollar-denominated senior notes.

* MARUTI SUZUKI INDIA: Has said its popular entry level small car Alto has crossed 3.8 mln sales milestone.

* MINDTREE: Cofounder Rostow Ravanan plans to start a Software as a Service company, also known as SaaS, that will focus on the healthcare and manufacturing sectors.

* OIL & NATURAL GAS CORP: Has been granted a one-year exemption from mandatory local sourcing of certain grades of seamless line pipes.

* RELIANCE COMMUNICATIONS: The Department of Telecommunications has veered around to the view that Reliance Jio Infocomm needs to shoulder some of the company's over 211.4 bln rupees adjusted gross revenues-based dues.

* RELIANCE INFRASTRUCTURE: Pimco Rae Fundamental Emerging Markets Fund has bought 2.34 mln shares or 0.9% stake in the company at 26.96 rupees via bulk deal on National Stock Exchange.

* SBI LIFE INSURANCE CO: Goldman Sachs Investments Mauritius I sold 0.5% stake or 5.3 mln shares of the company at 959.7 rupees per share via bulk deal on the National Stock Exchange.

* SUZLON ENERGY: May head to National Company Law Tribunal as lenders see no possibility of
resolution.

* TATA COMMUNICATIONS: The company has appointed Amur Swaminathan Lakshminarayanan as managing director and chief executive officer for five years.

* TATA MOTORS: The company will launch its flagship sports utility vehichle--Tata Gravitas--in
February.

* TATA STEEL: An Indian antitrust investigation has found that units of the company, Sweden's SKF and Germany's Schaeffler colluded on the pricing of bearings, opening them up to potential fines.

* ULTRATECH CEMENT: Plans to raise 2.5 bln rupees through bonds maturing in three years.

* VODAFONE IDEA: Integrated Core Strategies (Asia) has bought 165 mln shares or 0.6% stake in the company at 6.03 rupees apiece through a bulk deal on the National Stock Exchange.

* YES BANK: Board will meet on Friday to consider raising funds by issuing equity or equity-linked
securities, through permissible modes.
- Integrated Core Strategies (Asia) bought 1.9% stake or 47 mln shares in the bank at 63.32 rupees
apiece through a bulk deal on the National Stock Exchange.
- The bank sold 1.7 mln shares, or 0.7% stake, in RELIANCE CAPITAL at 16.51 rupees per share
through a bulk deal on NSE.

 Our Blog Information Learning purpose only 
    (Paper Trading Practice for Currency, Equity, Commodity Segment)
Register For Free Equity Tips Trial: http://rupeedesk.in/rupeedeskfree-calls