Stocks in News

Hathway Cable LTD :

     The Reserve Bank today said it has removed Hathway Cable Datacom from its caution list and foreign investors can now buy more shares in the company.

Sterling Holiday Resort Ltd: 

     Leading stock exchange BSE today said trading in Sterling Holiday Resort would be discontinued from August 31 on account of the company's merger with integrated travel firm Thomas Cook India Ltd

Sagar Cements Ltd: 

     IL&FS Financial Services has acquired 17.25 per cent stake in Sagar Cementsfollowing acquisition of 30 lakh pledged shares of the cement company.

Bharti Airtel Ltd:

      Bharti Airtel acquired wireless broadband firm Augere's India operations on Wednesday, a move that will help Airtel to augment its 4G presence.

Sensex up 200 points

Results Calendar

     Siemens Ltd, Bata India Ltd, Emami Ltd, Marico, Canara Bank, Shree Cement Ltd, Tata Chemicals, Indraparstha Gas Ltd, PTC India, Ramco Systems, Snowman Logistics, Accelya Kale, Ashapura Minechem, Automotive Axles, Bombay Burmah, Brigade Enterprises, Camlin Fine Sciences, Deepak Fertilizers, FDC, ITD Cementation, JB Chemicals, Jindal Drilling, Kalyani Forge, Maharashtra Seamless, Manali Petrochemicals, Nahar Spinning Mills, Nandan Denim, NDTV, Orient Paper, Pricol, Prism Cement, Ramco Industries, Sonata Software, Ramco Cements, Tree House, UFLEX, Vardhman Textiles, Insecticides (India)

Sundaram Clayton surges on receiving approval to invest $ 8 million in die-casting facility.

     Sundaram Clayton has received an approval for an investment of a sum not exceeding $ 8 million in tranches in a die-casting facility proposed to be established in United States (US) for the catering to the needs of overseas customers. The board of directors at their meeting held on August 04, 2015 have approved for the same.
     The investments to be subject to such permission/consents under Indian and US Laws and subject to a detailed project Report submission for evaluation in the next board meeting.
     Sundaram Clayton is one of the largest suppliers of aluminum die castings in the country. The company exports its products to international Original Equipment  manufacturers.
     Sundaram Clayton is currently trading  at Rs. 2191, up by 208 points or 10.49% from its previous closing of Rs. 1983.00 on the BSE.