{LONGTERMINVESTORS} Stocks in news: HUL, Idea, Wockhardt, Majesco, Unitech, RComm

 

 

Stocks in news: HUL, Idea, Wockhardt, Majesco, Unitech, RComm Here are stocks that are in news today: Results today: Hindustan Unilever, Zee Entertainment, Gruh Finance, NIIT Technologies, Pipavav Defence, Indian Hotels, Tide Water Oil Banking sources say -RBI wants banks to provide for 150 bad accounts by March 2016 -150 accounts may involve Rs 1.5 lakh crore or 2 percent of assets -Gross NPA of banks to rise by 2 percent to 7.5 percent -Provision will rise by about Rs 30,000 crore across banks -For FY17, 5 percent more assets may have to be provided -Provisioning to rise by Rs 70,000 crore to Rs 1 lakh crore across banks in FY17 Mahindra and Mahindra -To build 1.9L engine to get around Supreme Court ban on vehicles with over 2L engines: ET -To launch versions of Scorpio and XUV500 with new 1.9L engines Reliance Communications -Company and Tillman-TPG extend tower deal talks: ET -Discussion stalled on additional sale of optic fibre network that TPG's not keen on Unitech -Consumer forum awards 3 years jail to Unitech chief: ET -Ramesh Chandra sentenced for 'willfully' disobeying court's order to refund money Jindal Steel & Power -Company cuts staff's wages by 10 percent: FE -Move to reduce costs to counter losses Idea Cellular -Company takes 4G to four more states -Launches services in Chhattisgarh, Haryana, MP and Punjab NMDC -Keeps iron ore lump prices unchanged at Rs 1,800/mt w.e.f January 14 -Keeps iron ore fines prices unchanged at Rs 1,560/mt w.e.f January 14 Prakash Industries: Volume guidance -FY16 sales volumes to grow 15 percent to 31800 MT -FY17 sales volumes to grow 20 percent -Margins have improved from 10 percent to 12 percent Other stocks and sectors that are in news today: -Auto ancillaries: Mahindra CIE / Bharat Forge / Motherson Sumi in focus - French authorities raid Renualt offices over alleged emission fraud -Wockhardt: 62,500 bottles of Azithromycin tablets recalled in the US market -Majesco & Appulate announce strategic partnership -Federal Bank sells Essar Oil debt worth Rs 70 crore to Edelweiss Asset Reconstruction: FE -Federal Bank launches FCNR deposit scheme in New Zealand dollar -Petronet LNG aims to add Rs 25,000 crore to its topline over next 3 years: FE

 

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