Telecom
stocks—Bharti Airtel and Vodafone Idea—will be in focus as the long-pending judgment related to the AGR case is expected to
pronounce verdict today at around 1 p.m. If the judgement is against
the telecom operators then Airtel would have to pay dues worth Rs
21,682 crore, while Vodafone Idea would have to pay around Rs 28,309
crore.
HCL Tech announced a 1:1 bonus share issue. The board of Directors increased the authorized share capital to Rs 600 crore from Rs 300 crore.
IDBI Bank allotted shares worth Rs 4,743 crore to LIC and Rs 4,557 crore to the Government of India through Preferential Issue on Oct. 23.
MTNL to be merged with BSNL. MTNL to act as a subsidiary of BSNL until the merger is completed. PVR has set QIP Floor Price at Rs 1,809.53 each, which is at a premium of 2 percent to the closing prices of Oct. 23.
Jindal Stainless signed MoU with Braithwaite & Co to develop stainless bridges on the sidelines of ongoing International Railway Equipment Exhibition in New Delhi.
Yes Bank clarified on the news of borrower failing to pay Rs 480 crore dues stating that taking possession of mortgaged property has been done in the usual and ordinary course of business.
Sadbhav Engineering’s arm Sadbhav Infra Project has received approval from various authorities for the transfer of its 100 percent stake in 7 special purpose vehicles to Indinfravit Trust. The authority approval for balance 2 projects is under process and at an advanced stage.
Dewan Housing Finance has taken cognizance of key observations made by KPMG in its draft report of special audit of the troubled shadow lender’s books of accounts.
Biocon: Dr. Arun Suresh Chandavarkar’s tenure as CEO and Joint MD to end on Nov. 20. The current CFO Siddharth Mittal will be the new CEO and Joint MD with effect from Jan. 1.
HCL Tech announced a 1:1 bonus share issue. The board of Directors increased the authorized share capital to Rs 600 crore from Rs 300 crore.
IDBI Bank allotted shares worth Rs 4,743 crore to LIC and Rs 4,557 crore to the Government of India through Preferential Issue on Oct. 23.
MTNL to be merged with BSNL. MTNL to act as a subsidiary of BSNL until the merger is completed. PVR has set QIP Floor Price at Rs 1,809.53 each, which is at a premium of 2 percent to the closing prices of Oct. 23.
Jindal Stainless signed MoU with Braithwaite & Co to develop stainless bridges on the sidelines of ongoing International Railway Equipment Exhibition in New Delhi.
Yes Bank clarified on the news of borrower failing to pay Rs 480 crore dues stating that taking possession of mortgaged property has been done in the usual and ordinary course of business.
Sadbhav Engineering’s arm Sadbhav Infra Project has received approval from various authorities for the transfer of its 100 percent stake in 7 special purpose vehicles to Indinfravit Trust. The authority approval for balance 2 projects is under process and at an advanced stage.
Dewan Housing Finance has taken cognizance of key observations made by KPMG in its draft report of special audit of the troubled shadow lender’s books of accounts.
Biocon: Dr. Arun Suresh Chandavarkar’s tenure as CEO and Joint MD to end on Nov. 20. The current CFO Siddharth Mittal will be the new CEO and Joint MD with effect from Jan. 1.
Reliance
Capital has defaulted on NCDs interest/principal which were due on
Oct. 22.
Reliance
Capital has defaulted on NCDs interest/principal which were due on
Oct. 22.
0 comments:
Post a Comment