2014,

Stock in Focus: 26th March '2014

3/26/2014 Youth Apps 0 Comments

Trading Tips & Focus Stock for Today

Dena Bank: State-run Dena Bank on Tuesday said it will raise Rs 366 crore through a preferential allotment of shares to the public sector insurers Life Insurance Corporation of India and General Insurance Corporation, said media reports. 

Federal Bank Ltd: Federal Bank, a part of the consortium that had given loans to Kingfisher Airlines, has recovered Rs 10 crore till date and is making efforts to get back the remaining dues from the beleaguered carrier. 

Tata Motors Ltd: Tata Motors is mulling increasing prices of its commercial vehicles portfolio by about 1 per cent, while Renault is yet to come out with the quantum of the hike. 

Max India Ltd: Max IndiaBSE 0.70 % founder Analjit Singh will relinquish his position as executive chairman of the company and will function as its non-executive chairman from April 1, as he steps down from an executive role to focus on strategy and governance. This was formally approved by the company's board on Tuesday. 

MCX: Country's largest commodity exchange MCX, part of crisis-hit Jignesh Shah-led FTIL group, may be barred from launching fresh contracts if it fails to bring down promoter's stake to two per cent, said media reports. 

Alstom India Ltd: Alstom has bagged a contract estimated at 40 million by Bhel for supplying three 660 mw supercritical boilers for North Karanpura Super Thermal Power Project (STPP) located in Jharkhand. The units are expected to be commissioned by 2017. 

Gujarat NRE Coke: In a statement Gujarat NRE Coke Ltd (GNCL) has claimed to have received the formal approval for the restructuring of the debts, from the Empowered Group of Corporate Debt Restructuring Cell (CDR). 

Coal India Ltd: The Competition Commission has ordered a fresh probe into allegations that state-run Coal IndiaBSE 1.14 % and one of its subsidiaries abused their dominant position in the market for production and supply of coal. 

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