Stock News 08-03-2019

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Stocks in the news: RIL, Tata Motors, Infosys, Lupin, KNR Constructions, BLS International, LT Foods, BLS International Services | Sadbhav Infrastructure Project | LT Foods | Satin Creditcare Network and Reliance Industries are stocks which are in the news today.

 Here are stocks that are in the news today:

 Bank of India: Compensation cum Allotment Committee (CCAC) of the bank approved allotment of 6,25,52,188 equity shares to eligible employees under Bank of India — Employee Share Purchase Scheme (BOIESPS). Accordingly, the bank has raised a fresh capital of Rs 660.80 crore through B01-ESPS scheme.
Reliance Infrastructure: BC Patnaik, representative of Life Insurance Corporation of India (LIC) has been approved by the board for appointment as a Non Executive Director in place of Shiv Prabhat.

Jet Airways: An additional three aircraft have been grounded due to non-payment of amounts outstanding to lessors under their respective lease agreements.
KNR Constructions: Company bagged Hybrid Annuity Project (HAM) with bid project cost of Rs 920 and 1st year operation & maintenance cost of Rs 3 crore from National Highways Authority of India (NHAI) in Tamil Nadu.
Satin Creditcare Network: Promoter Taco Consultants Private Limited released a pledge on 1.6 lakh shares (representing 0.32 percent of paid-up equity) and Parinita Investments Private Limited also released a pledge on 1.6 lakh shares of the company.
Apex Frozen Foods: CRISIL reaffirmed its long term rating on bank loan facilities of Rs 114.77 crore at A-/Stable.
Indo Us Bio-Tech: Board approved issue of bonus shares.
LT Foods: SBI Mutual Fund cut stake in company by 1.09 percent to 2.53 percent.
Avadh Sugar & Energy: Company has carried out redemption of 2,43,50,000 8.50% unlisted non-convertible cumulative redeemable preference shares of Rs 10 each.
Piramal Enterprises: CARE assigned credit rating for short term non-convertible debentures.
Sadbhav Infrastructure Project: Sadbhav Kim Expressway Private Limited (SKEPL), a wholly owned subsidiary of the company has submitted draft financing documents to NHAI in relation to financial closure.
Reliance Industries: RIL enters into MOU with NMSEZ - First Integrated Industrial Area to implement fourth industrial revolution.
The Investment Trust of India: Board accorded in-principle approval for proposed amalgamation of ITI Reinsurance Limited with the company 
subject to: (a) obtaining approval, if required from the IRDAI; (b) on completion of proposed Buyback by ITI Reinsurance Limited and (c) on ITI Reinsurance Limited became a wholly owned subsidiary of the company.
BLS International Services: Company has been signed up by the Embassy of Vietnam to accept visa applications in India.
Zensar Technologies: Zensar selected as IT transformation partner by Vyaire Medical, US.
Lupin: Company receives FDA approval for Atorvastatin Calcium tablets USP, which is used to lower cholesterol in blood.
Shashijit Infraprojects: Company received project from Western Zonal Assembly Mumbai Diocese of the Mar Thoma Church for construction of school building in Vapi, Gujarat. The project cost would be around Rs 3.80-3.90 crore.
Tata Coffee: Subsidiary Tata Coffee Vietnam Company unveiled its state-of-the art freeze dried instant coffee production plant at Binh Duong province of Vietnam.
Infosys: Company to deliver engineering and digital services to Rolls-Royce Group.
KNR Constructions: Company bagged an order worth Rs 135 crore from Karnataka Road Development Corporation for the work of 'development of road Kanchugaranahalli to Jigani via Harohalli and Urgandoddi of Bidadi - Harohalli road in Bengaluru' project in Karnataka.
Tata Motors - JLR February sales: JLR sales fall 4.1 percent to 38,288 units YoY. Land Rover sales drop 8.1 percent to 26,053 units while Jaguar sales rise 5.8 percent to 12,235 units.
NSE
Manaksia: Vajra Machineries Private Limited bought 3,43,024 shares of the company at Rs 36.7 per share.
Nagarjuna Oil Refinery: Alpha Leon Enterprises LLP sold 31,08,087 shares of the company and Multiplier S and S Adv Pvt Ltd sold 24,00,004 shares at 45 paise per share.
NIIT: Canara Robeco Mutual Fund A/C Canara Robeco Income Saer Fun bought 12 lakh shares of the company at Rs 92.8 per share.
Vijaya Bank: Morgan Stanley (France) SAS bought 81,29,150 shares of the company at Rs 45.97 per share.
Vikas EcoTech: Margi Jigneshbhai Shah sold 22,75,000 shares of the company at Rs 11 per share.
BSE
Sanghvi Movers: Alpna Enterprises bought 3 lakh shares of the company at Rs 98 per share.

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