Here are the stocks that are in news today:
Jet Airways: An additional four aircraft have been grounded due to non-payment of amounts outstanding to lessors under their respective lease agreements.
Reliance Industries: Subsidiary Reliance Industrial Investments and Holdings Limited (RIIHL) acquired software company C-Square Info Solutions Private Limited and logistics services platform company Grab A Grub Services Private Limited.
Hindustan Zinc: Kiran Agarwal is appointed as Additional Director and Chairman of the company.
JSW Steel: Company and Duferco International Trading Holding SA aligned their strategic goals in a landmark $700 million 5-year advance payment and supply agreement (APSA).
Kolte-Patil Developers: Company invests Rs 70 crore in its subsidiary Kolte-Patil I-Ven Townships (Pune) Ltd.
Capacite Infraprojects: Board approved Scheme of Amalgamation amongst CIPL-PPSL-Yongnam Joint Venture Constructions Private Limited, company and their respective shareholders.
Indian Hume Pipe: Company received three letters of intent for the works aggregating to Rs 187.06 crore from Vidarbha Irrigation Development Corporation, Nagpur.
Mishra Dhatu Nigam: Company secured order worth about Rs 475 crore. The cumulative order booking during the financial year 2018-19 is about Rs 1,800 crore.
Larsen & Toubro Infotech completed acquisition of 100% shareholding of Nielsen+Partner Unternehmensberater GmbH, Hamburg, Germany, along with its identified subsidiaries
RBI levied an aggregate penalty of Rs 4 crore on Karnataka Bank
NLC India commissioned solar power projects in Tamil Nadu
Union Bank of India: Stakeholders Relationship Committee (SRC) of the bank approved issue price of Rs 58.49 per share for new equity shares to be issued to the eligible employees of the bank under Union Bank of India Employee Share Purchase Scheme (Union Bank - ESPS). The offer will open for subscription by eligible employees on March 7 and will close on March 16.
Equitas Holdings: CRISIL revised the outlook on long term facilities rating of subsidiary, Equitas Small Finance Bank Limited from A/Stable to A/Positive.
GHIAL a subsidiary of GMR Infrastructure has divested its 100% stake in its subsidiary Asia Pacific Flight Training Academy
Central Bank of India approved raising of equity capital by issue of upto 68,72,48,322 equity shares at the issue price of Rs 37.25 per equity share aggregating to Rs 2,560 crore
Bank of Baroda appointed Hasmukh Adhia as non-Executive chairman
HOEC adds yet another block to its North East Portfolio
Ramco System positioned as a Major Contender in Everest Group's PEAK Matrix for Multi-Country Payroll Platform
Sterlite Tech wins Intertek’s (US) Zero Waste to Landfill certification for its optical fibre cable manufacturing plant in Rakholi, Silvassa
BHEL installs first Solar Electric Vehicle (EV) Charging Station in the upcoming network of Charging Stations on Delhi-Chandigarh highway
Tata Communications appoints Sumeet Walia as Chief Sales and Marketing Officer
IRB Infrastructure Developers: Company successfully completed Hyderabad Outer Ring Road project and accordingly handed over the project to Hyderabad Growth Corridor Limited.
Aurobindo Pharma: Company completed the acquisition of seven marketed oncology injectable products, intellectual property and commercial infrastructure from US-based Spectrum Pharmaceuticals.
Snowman Logistics: Company appointed Mamoru Yokoo as an additional director of the company.
Take Solutions: Company announced mergers of step-down subsidiaries in USA.
Coal India: February coal production up 6.5 percent at 58.05 million tonne, April-February FY19 coal production rises 6.6 percent to 527.70 million tonne YoY. February offtake up 3 percent at 51.45 million tonne and April-February offtake increases 4.5 percent to 548.49 million tonne YoY.
Hero Motocorp: February sales fall 2 percent to 6,17,215 units YoY.
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Source: Moneycontrol
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