Stocks in News

BEML:

      State-owned mining and construction equipment manufacturer BEML rolled out the country's first Electric Drive Rear Dump Truck for large-scale coal mining applications. 

GMR Infrastructure Ltd: 

     GMR Infrastructure said its Rs 1,400 crore rights issue will open on March 24. The closing date for the rights issue is April 8, 2015. 

Power Grid Ltd: 

     Central transmission utility Power Grid Corporation said its board has approved total investment of Rs 1,481 crore in its various projects to be commissioned in the next 2-3 years. 

Container Corp: 

     The Reserve Bank has allowed foreign investors to invest up to 34 percent of the paid-up capital in Container Corporation of India. 

Suzlon Energy Ltd: 

     The debt-laden wind-turbine manufacturer, is keen to sell its forging and foundry company, in which it invested Rs 1,000 crore, and component units and office complexes worth about Rs 1,000 crore as it exits non-core areas and continues its fund-raising drive.