Wednesday 20 June 2018

Stock Market Corner

Stock Corner

1.                   ICICI Bank MD and CEO Chanda Kochhar goes on leave, Sandeep Bakhshi named COO.


2.                   TCS announced that its Board of Directors, at its meeting held on Friday, has approved a proposal to buy back up to 7,61,90,476 equity shares for an aggregate amount not exceeding Rs16,000cr.
3.                   Goa Carbon says operations at Paradeep unit temporarily halted due to labour issues.
4.                   Titan sells its entire stake in Titan Time Products to Danlaw Technologies for Rs18.5cr.
5.                   NBCC has submitted a bid in response to Department of Investment and Public Asset Management's invite for strategic disinvestment of HSCC and Engineering Projects (India).
6.                   Bharat Financial Inclusion allotted over 15,500 shares under the ESOP scheme.
7.                   Inox Leisure approves scheme of merger of Swanston Multiplex Cinemas with company.
8.                   Kanoria Chemicals and Industries to set up Formaldehyde plant with 1 lakh tonne per annum in Andhra Pradesh.
9.                   Karur Vysya Bank board meet on June 25 to consider the proposal of funds raising.
10.               Ujjivan Financial Services has received RBI’s approval for appointment of Ittira Davis as MD and CEO of the company effective July 1.
11.               SMS Lifesciences India has received Establishment Inspection Report from the USFDA for its manufacturing facility, Unit-I, Kazipally (Hyderabad) after its inspection in April.

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