India Daybook – Stocks in News
Hero Motocorp: The Arbitration Tribunal has ruled that the Hero trademark can be used by Hero MotoCorp for selling electric vehicles. (Positive)
Bharti Airtel: CCI approves Google Intl's buy of 1.28% stake in Bharti Airtel (Positive)
Phoenix Mills: GIC arm Reco Zinnia invests Rs 400 cr in 3 arms of Phoenix Mills. (Positive)
REC: Company to issue one bonus share for every three shares held (Positive)
Reliance Ind: Reliance Brands announces strategic partnership UK-based food & organic coffee chain ‘Pret A Manger’ (Positive)
Lupin: Company gets approval from US FDA for Paliperidone Extended-Release Tablets. (Positive)
OMCs: Govt rationalises taxes on petrol, diesel. (Positive)
Globus Spirits: Company has tied-up with the aim to offer an integrated service to operate the plant owned by TIL. (Positive)
GR Infraprojects: The company has completed development of Purvanchal Expressway (Package-VII) from Mojrapur to Bijaura in Uttar Pradesh on EPC basis. (Positive)
UPL: The company has acquired 100 percent holding in Nature Bliss Agro (NBAL). (Positive)
Blue Star: CARE has reaffirmed its long term, and short term rating on credit facilities and non-convertible debentures at AA+, but revised the outlook from 'Negative' to 'Stable'. (Positive)
SBI Cards: The company launched ‘Aditya Birla SBI Card’, a "highly rewarding lifestyle credit card," (Positive)
Zydus Lifesciences: The company has received the final approval from the USFDA to market Lacosamide injection. (Positive)
Oil downstream companies: Oil marked its first monthly decline since November (Positive)
MOIL: Company raises some Manganese fines, chem grades price by 5% (Positive)
State Bank of India: Bank to issue Electoral Bonds from July 1 to July 10. (Neutral)
Bharti Airtel: Company accepts the government's offer to defer its adjusted gross revenue (AGR) dues for 2017-18 and 2018-19 for four years. (Neutral)
Hindustan Unilever Ltd: The FMCG major on Thursday announced that its chief executive officer and managing director Sanjiv Mehta will be appointed as the president commissioner (non-executive chairman) of Unilever's Indonesia business.. (Neutral)
Punjab National Bank: The State-owned bank on Thursday revised the base rate by 25 basis points (Neutral)
Yes Bank: Carnival Cin classified as NPA by Yes Bank. (Negative)
By: via @AlliesFin Serve Stock Market
