Tuesday, January 10, 2017

Stocks in news: IndusInd, Hero, HCC, Max Ventures, Ajanta Pharma

Here are stocks that are in news today:

NIIT Technologies 

-Appoints Joel Lindsey as global head of digital services 
-Appoints Adrian Morgan as head of NIIT Insurance Technologies 

HCC : Lavasa project 

-Working on a long-term banking agreement for Lavasa 
-Expect interest cost to reduce by 47 percent post S4A 

Max Ventures 

-To allot 22.51 percent in company to New York Life International at Rs 78 per share via preferential issue 
-To allot 34.5 lakh warrants (4.76 percent equity) to promoter Siva Ent at Rs 78 each 
-Board approves increasing share capital to Rs 110 crore from Rs 60 crore 

Minda Industries 

 -Gets shareholder nod to issue securities up to Rs 500 crore -Gets shareholder nod to hive off batteries division to unit

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