Daily Stock News Today – 20.09.2017

Daily Stock News Today – 20.09.2017

CLICK HERE




* BAJAJ FINSERV: In pact with Flipkart to provide a no-cost option on equated monthly instalments to customers.

* BODHTREE CONSULTING: Has received an order worth 1 bln rupees from the Medical Council of India, New Delhi, under Digital Mission Mode II.

* ELECTROSTEEL STEELS: Will invite expression of interest from potential investors by end of
September, two bankers close to the development said. The company was admitted by the Kolkata bench of the National Company Law tribunal for insolvency proceedings on Jul 21.

* ENTERTAINMENT NETWORK (INDIA): Has commenced broadcast from its radio station t Jammu--98.3 FM--which was acquired under the Phase-3 auctions.

* GE T&D INDIA: Solar power tariffs are likely to rise to around 3.00-3.50 rupees per unit, Managing Director Sunil Wadhwa said.

* INDIAN OIL CORP: Said it has paid 29.35 bln rupees to the Odisha government s part of the settlement reached to get back part of the tax incentives for he Paradip refinery project in the state.

* INFOSYS: Subsidiary EdgeVerve Systems has partnered Niki.ai to offer hat-based solutions for banks.

* INTERGLOBE AVIATION: American enginemaker Pratt & Whitney has started supplying new engines to IndiGo, helping it put back into operations some of he grounded A320 Neo planes.

* JAIN IRRIGATION SYSTEMS: Is confident of achieving its revenue target of 84 ln rupees for FY18, overcoming disruptions caused by implementation of the goods and services tax, Managing Director Anil Jain said.

* JAYPEE INFRATECH: Is likely to give an offer of possession to another 200 lat owners who had invested in the company's Green Aman project.

* JSW STEEL: Is in talks with multiple investors, including Piramal-Bain und, JFE Steel Corp and private equity firm KKR for its proposed bid in HUSHAN STEEL.

* KALPATARU POWER TRANSMISSION: The board has approved issuance of five-year unsecured redeemable taxable non-convertible debentures worth 1 bln rupees at coupon of 8.11%.

* LARSEN & TOUBRO: Of 17 bids received for construction of the Mumbai trans-harbour link, the
company, HINDUSTAN CONSTRUCTION CO, ITD CEMENTATION NDIA, and SIMPLEX
INFRASTRUCTURE are among the 10 shortlisted entities.

* MSR INDIA: Has received an order to supply 1,200 1-ltr copper bottles worth 68.8 mln rupees from National Payment Corp of India.

* PVR: Unveiled their new sub-brand, P[XL], known as Premium Extra Large at Mani Square, Kolkata, Tuesday.

* SHREYAS SHIPPING & LOGISTICS: Has signed a memorandum of agreement to acquire a container vessel having a capacity of about 1,500 TEU.

* SHRIRAM TRANSPORT FINANCE CO: Has raised 500 mln rupees funds through secured redeemable non-convertible debentures.

* SURYA ROSHNI: Has received orders for light-emitting diode luminaire and light-emitting diode street lights worth 486 mln rupees from Energy efficiency Services.

* TATA CHEMICALS: Has sold 43.17 mln shares of TATA GLOBAL BEVERAGES to Tata Sons for 213.35 rupees per share.

* WALCHANDNAGAR INDUSTRIES: The board has approved raising 570 mln rupees funds through secured redeemable non-convertible debentures on private placement basis