Here are stocks that are in news today:
ABD-Allied Blenders and Distillers (ABD) claims company acquired 50 percent brand rights in Mansion House Brandy, Savoy Club from Herman Jansen Nederland BV -ABD claims have 100 percent distribution and manufacturing rights in India, SE Asia
Tilaknagar Industries says-There is no JV between Herman Jansen and ABD-There was no transfer of rights to any JV
ABD says-Still pursuing acquisition of Tilaknagar Industries and its assets-4 southern states account for 98 percent of total brandy sales-Herman Jansen says Tilaknagar Industries approached company for out-of-court-settlement but it did not work out
MRF group buys Ashok Leyland's Chennai property for Rs 210 crore: Sources-MRF group buys Ashok Leyland's Chennai Property in boat clubAlert: This is 2nd biggest deal in Chennai boat club area this yearAlert: Sale part of Ashok Leyland's strategy to sell non-core assets
SpiceJet-Board approves increase in authorised share capital to Rs 1,500 crore from Rs 1,000 crore-To offer up to 18.9 crore warrants convertible into shares to promoters SJVN, NEEPCO and THDCIL oppose integration of all central hydro companies with NHPC: Sources-SJVN, NEEPCO, THDCIL oppose plan to merge with NHPCAlert: SJVNL is Satluj Jal Vidyut NigamAlert: NEEPCO is North Eastern Electric Power CorpAlert: THDCIL is Tehri Hydro Development Corp-NHPC wants central hydropower PSUs to be merged-NHPC engaged SBI Capital to prepare paper on merger-Hydropower PSUs write to power ministry on merger
Hydro PSUs to Power Ministry:-Integration not in national interest-Integration will not lead to accelerated capacity addition-SJVN, NEEPCO, THDCIL not consulted w.r.t. integration-Pitfalls, problems of merger not discussed-Unilateral attempt by NHPC to push merger-Seek examination of the matter in detail-Unilateral report of NHPC will adversely impact national interest
Corporate action: Ex-date-Kirloskar Industries: Dividend Rs 4/share-Solar Industries: Final dividend Rs 7/share
UPL AGM-To increase the borrowing limit of the company upto Rs 10000 crore-To increase the limit for investment by foreign institutional investors (FIIs)
Power/ Defence / NTPC in focus-Piyush Goyal, Minister of State (I/C) for Power, Coal & New and Renewable Energy will meet various solar power developers, manufacturers and other stakeholders including officers of Ministry of Power, Defence and NTPC at 4PM
Syndicate Bank case:-Delhi Court rejects bail plea of Prakash Industries' CMD-Delhi Court rejects bail plea of Prakash Industries' director Vipul Agarwal
NHAI settles disputes for Rs 10,550 crore projects with builders-NHAI says as a part of its dispute settlement mechanism, have resolved 49 pending claims so far
Other stocks and sectors that are in news today:-United Spirits to be excluded from F&O Segment w.e.f September 19-Gammon India to sell 52.8 crore equity shares in Gammon Infra to Gammon Power-CEAT board to mull raising funds via various issues on August 26-Genus Power to transfer/sell/dispose home and industrial products business-Hotel Leela gets solitary bid for its Chennai property from UK’s Carnival group for Rs 850 crore: TOI-Ranbaxy Labs may have to pay another hefty fine in US, this time to Texas, faces Rs 242 cr fine for violations at Toansa-Mallya, Poddar bid for Mangalore Chemicals and Fertilisers (MCF) hits UBI hurdle, bank asks SEBI to reconsider decision: BS -After genetically modified (GM) trial ban, MPs heading for Monsanto funded study tour in US: BS -L&T AGM at 3.00 PM-Gujarat Alkalies AGM: Consider to increase the borrowing limit of the company-Arvind press conference at 12 pm today at Trident
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