Here are the shares that are in the news today:
Apollo Tires: Production operations of the company's factories in Perambra and Kalamassery, Kerala have been disrupted by flooding in Kerala. The production loss as a result of this natural calamity is 1500 MT (approximately) until Monday. However, result damage is not significant. The natural disaster is adequately covered by the insurance policy of the company.
Electrosteel castingThe Banking and Licensing Committee approved the allocation of 220.127.116.111 shares at Rs 28.85 per share on a preferential basis.
Bank of Baroda: PS Jayakumar probably gets an extension as MD & CEO of Bank Of Baroda: CNBC-TV18 sources. His term would end in October 2018.
Stocks in the news: Infosys, L & T, Prism Cement, Mawana Sugars, Dhunseri Petrochem
L & T is considering repurchase proposal at board meeting on 23 August
Stocks in the news: BEML, Maruti Suzuki, Bank of India, Tech Mahindra, NBCC, TCS, Kotak Mahindra Bank, RCom
IL & FS transport networks: Brickworks Ratings revised its rating for non-convertible bonds worth Rs 3,550 crore from AA + (SO) to AA- (SO). ICRA Ratings also revised its ratings to "Issuer not cooperating" category for all non-convertible bonds worth Rs 3,000 crore, commercial paper Rs 1,000 crore, non-convertible bonds Rs 2,000 crore, term loans Rs 490 crore, fund-based bank limits Rs 320 crore and preferred share Rs 760 crore of Provisional AA (SO), A4, BB, BB, A4 and BB- respectively.
Rungta Irrigation: Nitin Dhawan, Chief Financial Officer of the company resigned from Monday.
Ashish Ramchandra Kacholia sold 56,260 shares Vadilal Industries on Rs 604.05 on the BSE and sold 3.06.045 shares to Rs 612.18 on the NSE
Europacific Growth Fund sold 34.06.33 shares of TVS Motor at Rs 519.49.
Franklin Templeton Investment Funds bought 4,82,400 shares TeamLease Services at Rs 2,645
Birla Sun Life Mutual Fund sold 9.70.130 shares Newgen Software at Rs 239
Tanla Solutions acquires Karix Mobile for Rs 340 crore
NR Agarwal Industries: Operations of the unit of the company – I in Vapi, Gujarat will be temporarily shut down for a period of 15 days as of 27 August with a view to annual maintenance and technological upgrading
Route mobile gets Sebi nod for Rs 600 cr IPO
Reliance Infrastructure – Anil Ambani clarified Rahul Gandhi's claim about Rafale deal
HCL Technologies set at 31 August as the registration date for the redemption
Manpasand drinks fixed registration date for dividend for FY 17-18 is 31 August AGM on 13 September
FDC received 8 observations from USFDA for its plant in Aurangabad
CG Power introduced its first high voltage and extra high voltage air insulated switchgear factory in Indonesia, owned by PT Crompton Prima Switchgear Indonesia
ICICI Lombard pioneered AI to automate approvals for health insurance claims
JMC Project board meeting on 24 August to consider issuing NCD worth Rs 150 crore