Sunday 8 March 2015

Stocks in News

Cairn India Ltd: 

     The company has obtained the regulator's nod to commercially produce gas in its prolific Rajasthan block, making it eligible to seek a longer extension after the contract for the block expires in 2020. 

Ambuja Cements Ltd: 

     On the fourth day of second tranche of ongoing auctions, in fierce biddings that lasted for hours, Ambuja Cement clinched Gare-Palma Sector-IV/8 block in Chhattisgarh while Jaypee Cement Corporation grabbed Mandla-South block in Madhya Pradesh. 

Sun Pharma Ltd: 

     Sun Pharma is voluntarily recalling 5,322 bottles of Ketorolac Tromethamine ophthalmic solution in the US market for failing to meet specifications. 

DLF Ltd: 

     India's largest realty firm DLF plans to monetise properties worth about Rs 15,000 crore under various projects to boost its cash flow and reduce debt, a senior company official said. 

Tata Consultancy Services Ltd:

      India's largest IT services provider, has said its revenue for the ongoing quarter will be in line with that in the previous year, and that it expects revenue to shrink in its energy segment as its clients grapple with the low price of oil. 


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