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| Stocks in news: Tata Motors, RIL, Infosys, TCS, Trent, BoB | | Here are stocks that are in news today: February auto sales: Tata Motors
-JLR US sales up 25.3 percent at 7,929 units (YoY)
-Jaguar US sales up 7.2 percent at 1,512 units (YoY)
-Land Rover US sales up 30.5 percent at 6,417 units (YoY) Future Group
-To tie-up with Trent Hypermarket to distribute private FMCG labels
-To distribute private FMCG labels via Trent's Star Bazaar stores
-Likely to make announcement on Trent tie-up today
Alert: Trent Hypermarkets currently have 20 Star Bazaar stores
-Expects private FMCG label sales to touch Rs 20,000 crore by 2021 Central Bank of India
-Approves raising additional equity capital of Rs 165.35 crore at Rs 52.66/share
-Seeks government nod to raise equity cap of up to Rs 583 crore via debt conversion
-Debt conversion, issue price to be Rs 70.71/share Eveready, McLeod Russel in focus
-Eveready looking to spin off packet tea business into separate unit: Mint
-Move to scale ops up by aligning with promoter group's plantation company McLeod Russel Ador Weldings Q3FY16 YoY
-Revenues at Rs 83.4 crore versus Rs 86.9 crore
-Net profit at Rs 5 crore versus Rs 0.63 crore Hitech Plast
-Extent of damage at Rohtak unit quite extensive
-Have initiated the process to resume operations Cambridge Technology
-Board meet on March 9 to call extraordinary general meeting (EGM)
-To obtain approval of shareholders for the scheme of reduction of capital in EGM TCS
-Enters into strategic alliance with GE
-Alliance with GE to expand industrial internet via digital re-imagination
Other stocks and sectors that are in news today:
-Dr Reddy's gets US FDA approval for Palonosetron hydrochloride injection (used to treat nausea)
-Ajay Piramal in foray to buy Lafarge cement assets: BS
-CARE downgrades ratings of IOB's Basel III compliant bond issues to CARE BBB from CARE A-
-Infosys bags project from Al Ahli Bank of Kuwait
-Sun Pharma to take on antacids with 'Pepmelt': ToI
-Tata Steel gets green clearance for Rs 1,877 crore expansion project in Jamshedpur
-Bank of Baroda to recover NPAs worth Rs 2,700 crore in FY16: FE
-NHPC says Teesta Low Dam HE project, stage-IV commercially operational
-Coal India revises standard stripping ratio for overburden removal (OBR) accounting by Northern Coalfields
-Prakash Steelage goes ex-stock split 10:1
-BPCL goes ex-dividend Rs 3.5/share
-Saurashtra Cement board meet on March 10, 2016 to consider declaration of interim dividend on unlisted optionally convertible cumulative preference shares (OCCPS) and to redeem OCCPS. | | |
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CA. Rajesh Desai
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