Monday, 25 September 2017

Stocks In News Today | Stock Market Tips

Here is the list of top stocks that are in news today:-

United Breweries AGM | Management says
-Cost base likely to increase due to GST
-Have been successful in increasing the market share to 51 percent
-Company continues to invest in brand building
-Kingfisher Lager & Heineken continue to be the fastest growing beverages
-Kingfisher storm has received positive response so far
-Looking at future with 'cautious optimism'
-Vijay Mallya has been barred by SEBI to hold any role in a listed company

Power and power equipment stocks in focus
Power Minister RK Singh to CNBC-TV18
-Big announcement on power sector coming on September 25
-PM likely to make announcement on power sector
Sources say
-PM Narendra Modi to launch Electrification of Households Scheme, Saubhagya
Alert: Electrification of household scheme saubhagya: Sahaj Bijli Har Ghar Yojana
-Sahaj Bijli Har Ghar Yojana to electrify around 3 crore rural households
Alert: 1.5 crore households already electrified under rural electrification plan
-Government plans to invest Rs 17,000 crore for this electrification scheme
-Central government to fund 75 percent of investment & 25 percent to be borne by states or debt

Bombay High Court
-Orders attachment of movable & immovable assets of India Infoline
-Order to India Infoline for not paying Rs 7.65 crore to Emsemble Infra India (EIIL)
-Ordered attachment of IIFL's corporate office at Kamala City in Mumbai
Alert: EIIL had filed arbitration application for recovery of dues from IIFL
Alert: Arbitrator, On May 21, 2015 ordered IIFL to pay the dues with interest to EIIL
Alert: IIFL failed to pay the dues to EIIL
EIIL versus IIFL case | IIFL says
-No attachment of any of company's property has been made
-Ensemble has filed application for attachment of company's properties
-Will be challenging ensemble's application in court
-Dispute with ensemble pertains to interior work contract entered in 2008
-Ensemble claimed Rs 3.45 crore for work not duly completed as per specifications
-Seeking necessary legal action against the alleged notice of attachment

Other stocks and sectors that are in news today:
-Listing today: Capacit'e Infraprojects
-Amazon buys 5 percent stake in Shoppers Stop for Rs 408 per share
-Godrej Industries in focuc as Godrej Agrovet IPO to be launched on October 4
-Indiabulls Ventures' Prem Prakash Mirdha and Ajit Kumar Mittal have resigned from the directorship of the company w.e.f. today i.e. September 23, 2017
-Cadila Healthcare - Zydus receives final approval from the USFDA for Amlodipine and Olmesartan Medoxomil Tablet
-GSK has selected Oberoi Realty as the successful bidder for the land measuring approximately 60 acres located at Thane, Maharashtra, for a consideration of Rs 555 crore
-Deepak Fertilizers plans to set up a brown field Iso Propyl Alcohol (IPA) plant, with high purity Diisopropyl Ether (DIPE) as co-product, at Taloja with an ISBL (Inside Battery Limit) investment of approximately Rs 450 crore
-Lakshmi Vilas Bank board meeting on September 27, to inter alia consider, evaluate and approve raising of funds through a rights issue
-IG Petro board approves the expansion of the phthalic anhydride plant with a capacity of 53,000 MTPA at the existing location and to foray into the downstream products
-Manali Petrochem board meeting on September 27 to consider proposals for fund raising to meet the funds requirements of the company
-Avanti Feeds - Ind-Ra upgrades long term issuer rating to AA-/stable
-Bank of India to raise Rs 500 crore via QIP in 3rd quarter
-JSW Steel to bid with Aion Capital for Monnet Ispat sale
-Usha Martin gets response from buyers for its wire rope business sale
-InterGlobe Grounds one more A320 Neo plane
-Indian Hotels says approved issue price of Rs 75 per share for the right issue-Visa Steel gets shareholder nod to raise limit for investment by FIIs & NRIs in equity share capital of company

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