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CAPITALSTARS NEWS UPDATE : Top stocks in focus today: Tata Steel, UCO Bank, PNB, Gitanjali, Fortis - 19 Feb 2018


These companies will be in focus during trade today based on recent and latest news developments.


- UCO Bank has USD412mn exposure in PNB banking fraud case.

- Allahabad Bank discloses Rs2,000cr exposure in PNB fraud case.

- Fortis Healthcare, Religare Enterprises:  Government has ordered a Serious Fraud Investigation Office probe, as per media reports.

- Religare Enterprises to raise up to Rs1,200cr via combination of equity and debt.

- Punjab National Bank looking to monetize real estate assets including office space in Delhi worth over Rs5,000cr.

- Binani Industries - UltraTech and Dalmia Bharat in the last leg of race for Binani Cement

- Infosys to divest entire stake in Onmobile Systems for $2.5mn.

- Moser Baer examining restarting of operations at Noida plant.

- Reliance unit to acquire 65% stake in Indian Film Combine for Rs1,105cr.

- SBI to raise Rs8,800cr via preferential issue to government.

- BPCL clarifies didn’t have any talks regarding Nagarjuna Oil refinery.

- PG Electroplast commissions PU paint shop at its Greater Noida facility.

- PowerGrid emerges as lowest bidder for Rs1,000cr transmission project.

- ARSS Infra wins two work orders worth Rs121cr.

- India withdraws Unitech management-takeover case from NCLT.

- PVR says ‘amicably resolved’ dispute with Elan group over the development of multiplexes in Gurugram.

- US FDA completes inspection of Natco Pharma’s Mekaguda API unit with zero observation.

- IndusInd Bank raises marginal cost-based lending rates by 15 basis points.

That’s all for today. For more Detail 

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CAPITALSTARS NEWS UPDATE : Top stocks in focus today: Tata Steel, UCO Bank, PNB, Gitanjali, Fortis - 19 Feb 2018

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