Here are stocks that are in the news today:
Results on February 21: Anik Industries, Gopal Iron & Steels
PSU Banks: Government to infuse Rs 48,239 crore in 12 PSU banks - Rs 6,896 crore in Allahabad Bank, Rs 9,086 crore in Corporation Bank, Rs 4,638 crore in Bank Of India, Rs 205 crore in Bank of Maharashtra, Rs 5,908 crore in PNB, Rs 4,112 crore in Union Bank, Rs 3,256 crore in Andhra Bank, Rs 1,603 crore in Syndicate Bank, Rs 2,560 crore in Central Bank Of India, Rs 2,839 crore in United Bank, Rs 3,330 crore in UCO Bank and Rs 3,806 crore in Indian Overseas Bank
IL&FS Financial Services: Company is unable to service obligation on interest payment of NCDs worth Rs 4.2 crore.
Steel: Government extends exemption on some imported grades of steel until April 17, 2019.
JSW Steel: Moody's changes company's outlook to positive; affirms all ratings.
Yes Bank: Moody's affirms bank's ratings; outlook changed to stable from negative.
Innovative Ideals & Services India: Company has bagged a new order for FTTH & Video Door Phones for supplying & executing for EPSILON Tower, SD CORP, Shapoorji Pallonji group. The value of the order is Rs 1 crore which is expected to be completed by the end of this year.
Diligent Media Corporation: With a view to optimise cost and cut-down losses, the management has decided to suspend publication & distribution of Jaipur Edition of DNA.
Dynamatic Technologies: Company has signed a Memorandum of Understanding with Joint-Stock Company (JSC) Russian Helicopters on Ka-226T Helicopter with an intent to build.
Zuari Agro Chemicals: Board approved raising of funds by way of issue of compulsory convertible debentures to the existing shareholders of the company on a rights basis up to Rs 500 crore.
Sharon Bio-Medicine: Company has received recovery notice under the Maharashtra Value Added Tax Act amounting to Rs 11.17 crore for the period April 1, 2015 to November 3, 2015 and Rs 2.47 crore for the period April 1, 2011 to March 31, 2012. The liability of the said tax would be addressed in line with the Resolution Plan approved by NCLT and later by NCLAT.
Shipping Corporation of India: Company has given physical delivery of its 1 bulk carrier M V Tamilnadu to its buyer.
Bank of Baroda: Board of directors fixed March 11, 2019 as record date for issuing and allotting equity shares of the bank to the shareholders of Vijaya Bank and Dena Bank.
Jubilant Life Sciences: Company issued commercial papers of Rs 75 crore.
Grasim Industries: Company completed acquisition of the chlor-alkali business of KPR Industries.
Tata Steel: Moody’s Investors Service has upgraded company's corporate family rating (CFR) by one notch to Ba2 from Ba3.
Dr Reddy's Laboratories announces the re-launch of its Buprenorphine and Naloxone Sublingual Film after favorable ruling in patent litigation
BPCL: Company is planning to raise up to Rs 2,000 crore during the current financial year through private placement of unsecured non-convertible debentures subject to market conditions.
Sayaji Hotels: Tourism Finance Corporation of India has withdrawn the name of Sanjay Ahuja, Nominee Director from the board of the company.
REC: Company announced a consent solicitation exercise in relation to certain Senior USD Notes.
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Source: Moneycontrol
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