{LONGTERMINVESTORS} Stocks in news: IDBI, Cadila, UCO Bank, Dena Bank, Torrent Power ...

 

 

Stocks in news: IDBI, Cadila, UCO Bank, Dena Bank, Torrent Power Here are stocks that are in news today: Dena Bank -CARE downgrades debt instruments -Tier II bonds (Basel II compliant) has been revised from CARE AA to CARE AA- -Tier II bonds (Basel III compliant) has been revised from CARE AA to CARE AA- -Perpetual bonds (Basel II compliant) has been revised from CARE AA- to CARE A -Additional Tier I perpetual bonds (Basel III compliant) has been revised from CARE A+ to CARE BBB+ Pantaloons (Aditya Birla Fashion & Retail) -Ties up with Snapdeal; B2B tie up -Products of company's exclusive brands to be sold online Jubilant Life -Arm to receive upfront payment & potential milestones from its investments -Arm to receive upfront payment of USD 4.6 million, contingent payment up to USD 18 million LIC increases stake in IDBI Bank via preferential allotment -Gets additional 7.16 percent stake in bank -Total stake at 14.37 percent in bank Other stocks and sectors that are in news today: -Ashok Leyland sells 32.6 lakh shares in IndusInd Bank at Rs 915.96/share -Cadila Healthcare - Zydus acquires gastro therapy 'Actibile' from Albert David for Rs 55 crore -Wipro partners with Jubilant FoodWorks to reduce energy and operational costs -ONGC to invest Rs 34,000 crore in KG basin field by 2020: BS -Steel companies in focus- Government likely to extend safeguard duty of upto 20 percent on ceratin steel products till March 2018: PTI -Jagatjit Industries in focus - KKR likely to extend Rs 300 crore financial deal: ToI -Torrent Power entered into a contract with a leading WTG manufacturer for 197 MW project -Plastiblends India successfully commenced commercial production in the new manufacturing unit at Palsana, Surat (Gujarat) w.e.f. March 25, 2016 -NTPC unit-3 of 660 MW of Mouda Super thermal power station has been commissioned -ARSS Infrastructure won orders worth Rs 109.3 crore -Syndicate Bank to raise Rs 740 crore via preferential allotment to Government of India -V2 Retail opens 3 stores in Gorakhpur, Purnia and Azamgarh -Government to infuse Rs 935 crore in UCO Bank

 

 

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