Free Stock Market News & Updates

1.Dena Bank -CARE downgrades debt instruments -Tier II bonds (Basel II compliant) has been revised from CARE AA to CARE AA- -Tier II bonds (Basel III compliant) has been revised from CARE AA to CARE AA- -Perpetual bonds (Basel II compliant) has been revised from CARE AA- to CARE A -Additional Tier I perpetual bonds (Basel III compliant) has been revised from CARE A+ to CARE BBB+

2. Pantaloons ( Aditya Birla Fashion & Retail ) -Ties up with Snapdeal; B2B tie up -Products of company’s exclusive brands to be sold online

3. Jubilant Life -Arm to receive upfront payment & potential milestones from its investments -Arm to receive upfront payment of USD 4.6 million, contingent payment up to USD 18 million

stock market updates-sai proficient research
stock market updates-sai proficient research

4. LIC increases stake in IDBI Bank via preferential allotment -Gets additional 7.16 percent stake in bank -Total stake at 14.37 percent in bank.
5 Ashok Leyland sells 32.6 lakh shares in IndusInd Bank at Rs 915.96/share

6. NTPC unit-3 of 660 MW of Mouda Super thermal power station has been commissioned

7. Syndicate Bank to raise Rs 740 crore via preferential allotment to Government of India

8. Torrent Power entered into a contract with a leading WTG manufacturer for 197 MW project

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