Today's Stock News - 11.02.2020 : 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
* AVENUE SUPERMARTS: Has set issue price at 2,049 rupees per share for its qualified institutional placement.
* BRITANNIA INDUSTRIES: Will increase prices of select products as costs of key raw materials are on an upward trend, Managing Director Varun Berry said.
* CADILA HEALTHCARE: US Food and Drug Administration has cleared the company's topical
manufacturing facility in Ahmedabad.
* CAPACITE INFRAPROJECTS: Has received 3.5-bln-rupee order under its commercial and institutional portfolio, from private sector client Marquee in Mumbai.
* CG POWER AND INDUSTRIAL SOLUTIONS: Announced the appointment of three independent
directors Pradeep Mathur, Ratin Roy and Aditi Raja in strategic positions for its Indian operations.
* CIPLA: Wholly-owned subsidiary Cipla Medpro South Africa (Pty) in pact to sell anti-psychotic drug in South Africa and neighbouring countries.
* DCM SHRIRAM: New 66 MW power plant at Kota in Rajasthan has started operations.
* GMR INFRASTRUCTURE: Subsidiary GMR Airports has started the construction of Heraklion
international airport in Crete, Greece.
* HCL TECHNOLOGIES: Has appealed to the Centre against the decision of the approval committee of the NOIDA SEZ rejecting its request for considering group health and medical insurance services for employees in a unit as authorised operations eligible for tax benefits.
* HOUSING DEVELOPMENT FINANCE CORP: Plans to raise at least 30 bln rupees by issuing bonds maturing in three years at a coupon of 6.99%, and has invited bids for the same on Wednesday.
* HSIL: Promoter Paco Exports has bought 598,955 shares or 0.83% stake in the company at 52.85 rupees apiece through a bulk deal on the National Stock Exchange.
* ICICI BANK: Has moved the National Company Law Tribunal to initiate insolvency proceedings against MERCATOR for recovering dues.
* INFO EDGE INDIA: Will invest 371 mln rupees in Sunrise Mentors.
* INFOSYS: Will acquire Simplus, one of the fastest-growing Salesforce Platinum Partners in the US and Australia, in an up to $250 mln deal.
* LAKSHMI VILAS BANK: US fund house Tilden Park Capital Management has sounded out the Reserve Bank of India for buying a sizeable stake in the bank, an old private sector lender which is scouting for investors to shore up capital.
* MAHINDRA & MAHINDRA: Competition Commission of India has approved a joint venture between the company and US-based Ford Motor Co, and the transfer of Ford India's automotive operations to the joint venture, the anti-trust regulator tweeted.
* MRF: Has partially commissioned phase-1 of its greenfield unit at Dahej Industrial area, Gujarat and had planned a capital outlay of 45 bln rupees. The new factory complex is expected to produce a million tyres a month.
* PIDILITE INDUSTRIES: Has led a $40 mln funding in online home furniture marketplace Pepperfry.
-The company plans to remain focussed on driving volume growth, enabled by investments in brand
building, growth categories, capabilities and sales and distribution, the management of the company said.
* RAMCO SYSTEMS: Has successfully implemented its aviation suite V5.8 solution at Aero Contractors Co of Nigeria, a state-controlled Nigerian airline, for maintenance, repair and overhaul operations.
* STEEL AUTHORITY OF INDIA: Has raised prices of its steel bars by up to 4% across regions for
February. -Will not close down three of its loss-making speciality steel plants if the company does not find buyers for these units, Chairman Anil Kumar Chaudhary said.
* SUNDRAM FASTENERS: TVS Engineering has been incorporated as a new wholly-owned subsidiary of the company.
* TATA MOTORS: Subsidiary Jaguar Land Rover warned of potential disruption to its supply chains
outside of China, two days after first conceding the coronavirus is likely to affect its fourth quarter
performance.
* TOURISM FINANCE CORP OF INDIA: Promoter Redkite Capital has sold 1.5 mln shares or 1.9% stake in the company at 68.07 rupees per share through a bulk deal on National Stock Exchange.
* UNITECH: The Supreme Court on Monday refused to pass any order on a plea by Noida Authority,
seeking return of 277-acre surplus land, worth 80 bln rupees, given to the company on lease for housing projects which have not been built.
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