Stock Corner
1.
Indian Oil
to consider buyback and dividend on Dec 13.
2.
Syndicate
Bank reduced MCLR by five basis points across the six-month and one-year tenure
instruments with effect from Dec 10.
3.
Sugar
companies like Balrampur Chini, Dhampur Sugar, EID Parry, Dalmia Bharat Sugar,
and others will be in focus as Oil Ministry said that the ethanol blending in
petrol would double to 8%.
4.
Escorts
transferred RT Crane business to its JV company with Japan-based Tadano for
Rs35cr, on a slump sale basis.
5.
Axis Bank
appointed Amitabh Chaudhry as an additional director of the bank.
6.
HEG said
that there could be a window of opportunity to export graphite electrodes to
China till 2022.
7.
Tata Sponge
received environmental clearance to hike production capacity of direct reduced
iron plant to 4.65lakh TPA.
8.
United
Breweries’ CFO and Director Steven Bosch resigned from the company with effect
from Jan 01, 2019.
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