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Stocks in News Today

September 12, 2022

Reliance Industries : Reliance Petroleum Business will acquire the polyester business of Shubhalakshmi Polyesters & Shubhlaxmi Polytex for Rs 1,592 cr. Reliance Petroleum is a subsidiary of Reliance Industries.

Tata Steel : Tata Steel has scheduled a meeting of its board on Sept 14 to consider issuing non-convertible debentures.

Ujjivan Small Finance Bank : The bank has issued non-convertible debentures worth 75 cr at a coupon rate of 11.95%.

Indian Overseas Bank : Indian Overseas Bank has hiked its MCLR by 0.10%.

Adani Transmission : Reliance Infrastructure has filed an international arbitration claim of Rs 13,400 crore against Adani Transmission.

SpiceJet : SpiceJet has appointed Ashish Kumar as its Chief Financial Officer.

Oberoi Realty : Oberoi Realty has approved a scheme of amalgamation of its 4 subsidiary companies – Oberoi Constructions, Oberoi Mall, Evenstar Hotels and Incline Realty.

Titagarh Wagons : The Italian government and a UAE based private equity firm have together picked up almost 44% stake in Firema SpA. Firema SpA is Titagarh Wagons’ fully-owned subsidiary.