stocks in news

stocks in the news: infosys, tata motors, bharti airtel, vedanta, max financial, nbcc, hfcl

Wednesday, Mar 4 2020 11:46AM

Here are some stocks that are in the news today:

Infosys: The company got an order from K+S AG to set up hybrid cloud data centres.

Kolte Patil: NCLT approved scheme of the merger by absorption of Bellflower Properties with the company.

Max Financial: The company will issue 7.54 crore shares to Mitsui Sumitomo at Rs 565.11 per share.HAL: The company got the International Court of Arbitration notice on request for arbitration from RUAG Aerospace.

Tata Motors February auto sales:
Total JLR US sales down 2.4% at 11,332 units versus 11,616 units, YoY
Total Jaguar US sales down 21% at 2,739 units versus 3,465 units, YoY
Total Land Rover US sales up 5.4% at 8,593 units versus 8,151 units, YoY

Tech Mahindra's subsidiary Comviva Technologies has agreed to sell its 100% shareholding in Terra Payment Services (Netherlands) BV along with its subsidiaries

HFCL bags purchase order worth Rs 196 crore from L&T for supply of optical fibre cables

Canara Bank - CARE Ratings assigns ‘AAA’ rating to company's Tier-II bonds

Welspun India board to consider proposal to recommend interim dividend on March 9

Torrent Pharma to consider the proposal for payment of interim dividend on March 11Endurance Tech declares an interim dividend of Rs 5.50 for the financial year 20 19-20

Newgen receives patent for mark detection system and methodology from US patent office

Indiabulls Real Estate - Merger process of projects of Embassy Property is progressing well. Embassy reached at an advanced stage of discussions with Blackstone and others for an investment of upto USD 200 million

Raymond - NCLT approved for the reorganization and consolidation of its FMCG Business and appointed date for the scheme has been fixed as December 1, 2018

Monnet Ispat restarts operations at its Raigarh plant with effect from March 2

Reliance Capital promoter pledges 4.92% stake in company on February 26 - CNBC-TV18

NBCC: NCLT approved the company's bid for Jaypee Infratech.

Bharti Airtel: The company paid Rs 1,950 crore to government towards deferred spectrum dues, reported PTI.

Vedanta: Moody's Investors Service has downgraded Vedanta Resources Limited's (Vedanta) corporate family rating (CFR). The rating was downgraded to B1 from Ba3.

Reliance Communications: State Bank of India is learnt to have approved resolution plan for Reliance Communications, through which lenders are expected to recover around Rs 23,000 crore, PTI reported.

Board meetings

The respective boards of Hester Biosciences, Mahesh Developers and Transgene Biotek will meet on March 4 for general purposes.

The respective boards of Adani Ports, Amines & Plasticizers, Caplin Point Laboratories, Chambal Fertilisers, Cupid, Deepak Nitrite, Gini Silk Mills, Greenlam Industries, Kalpataru Power Transmission, Kirloskar Pneumatic Company and Resonance Specialities will meet on March 4 to consider and approve interim dividends.

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