Stocks Making News Today
SKS Microfinance launched its QIP late last night to raise up to Rs 278.5 crore at Rs 75.40 a share. This will be at a 17% discount to yesterday's closing price. The company has said that funds will be used to augment the capital base of the company and to support business expansion. The book closes at 8.30 am today morning.
At the crucial EGoM meet yesterday, telecom minister Kapil Sibal hinted at approaching the Supreme Court for a possible extension of the spectrum auction deadline. The original deadline for the spectrum auction was August 31.
The DGCA’s new chief Prashant Sukul has said that the government is not contemplating the closure of any airline, reports the PTI.
The Andhra Pradesh Pollution Control Board has asked 12 pharma units to shut down. Aurobindo , Divi's Lab , SMS Pharma’s AP units get closing orders.
Cash-strapped MTNL is looking for new revenue sources. The telecom giant is considering selling its land bank, leasing out its network, considering voluntary retirement scheme (VRS) for its employees, and even restructuring its loans.
On the latest monsoon update, the Met department has said that nearly 64 mm of rains were recorded for the week to July 11 which is 1% above normal.
3i Infotech has allotted 24.62 lakh shares to Goldman Sachs on July 12 on conversion of FCCB’s.
L&T expands its capacity with new electric and automation facility at Vadodara.
GTL has allotted 38.3 lakh zero coupon CCD’s of FV Rs 100 to its promoters.
Bosch will shut its Bangalore plant on July 13 and 14 to avoid buildup of inventory.
Max Alert’s stock will list on July 13. The issue price is Rs 20 a share.
Eon Electric will issue 8.45 lakh warrants on preferential basis to promoters.
In a CNBC-TV18 exclusive, Diageo is set to pick a majority stake in United Spirits .
The UP government has put on hold Reliance Power ’s Rosa thermal power project, reports the Financial Express.
JSPL raises Rs 3500 crore to fund the Odisha Steel project, reports the Economic Times.
Titan has spun off its third party luxury watch retailing arm into a separate co, reports the Business Standard.
SKS Microfinance launched its QIP late last night to raise up to Rs 278.5 crore at Rs 75.40 a share. This will be at a 17% discount to yesterday's closing price. The company has said that funds will be used to augment the capital base of the company and to support business expansion. The book closes at 8.30 am today morning.
At the crucial EGoM meet yesterday, telecom minister Kapil Sibal hinted at approaching the Supreme Court for a possible extension of the spectrum auction deadline. The original deadline for the spectrum auction was August 31.
The DGCA’s new chief Prashant Sukul has said that the government is not contemplating the closure of any airline, reports the PTI.
The Andhra Pradesh Pollution Control Board has asked 12 pharma units to shut down. Aurobindo , Divi's Lab , SMS Pharma’s AP units get closing orders.
Cash-strapped MTNL is looking for new revenue sources. The telecom giant is considering selling its land bank, leasing out its network, considering voluntary retirement scheme (VRS) for its employees, and even restructuring its loans.
On the latest monsoon update, the Met department has said that nearly 64 mm of rains were recorded for the week to July 11 which is 1% above normal.
3i Infotech has allotted 24.62 lakh shares to Goldman Sachs on July 12 on conversion of FCCB’s.
L&T expands its capacity with new electric and automation facility at Vadodara.
GTL has allotted 38.3 lakh zero coupon CCD’s of FV Rs 100 to its promoters.
Bosch will shut its Bangalore plant on July 13 and 14 to avoid buildup of inventory.
Max Alert’s stock will list on July 13. The issue price is Rs 20 a share.
Eon Electric will issue 8.45 lakh warrants on preferential basis to promoters.
In a CNBC-TV18 exclusive, Diageo is set to pick a majority stake in United Spirits .
The UP government has put on hold Reliance Power ’s Rosa thermal power project, reports the Financial Express.
JSPL raises Rs 3500 crore to fund the Odisha Steel project, reports the Economic Times.
Titan has spun off its third party luxury watch retailing arm into a separate co, reports the Business Standard.
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