Here are the stocks that are in the news today
HDFC to keep in mind issuance of NCDs worth Rs 45,000 crore on January 29
Dena Bank-Bank Of Baroda-Vijaya Bank merger –
Dena Bank shareholders to get one hundred ten Bank Of Baroda shares for 1000 held
Vijaya Bank shareholders to get 402 Bank Of Baroda stocks for 1,000 held
Equitas Holding – Equitas Small Finance Bank hikes hobby fees up to 7.5% on savings
BEST to extend 677 MW Power Purchase Agreement with Tata Power for the next five years
RBL Bank appoints Pankaj Sharma as Chief Operations Officer
Motherson Sumi – ICRA reaffirmed period mortgage rating to ICRA AA+, while outlook revised from superb to solid
Reliance Industries: Jio brought 1.05 crore Subscribers Vs. 1. Three crores (MoM)
Vodafone Idea: The organization misplaced seventy-three.6 Lakh Subscribers Vs. Loss Of 66.8 Lakh (MoM)
Bank of India
Board accepted to growth in authorized capital from Rs 3000 crore to Rs 6000 crore
Capital raising plan for an issue of Equity Shares and Tier-I and Tier-II Capital Bonds to be raised at suitable instances in destiny
Bharti Airtel: Lost 18.6 Lakh Subscribers Vs. Loss Of 23.6 Lakh (MoM)
Syndicate Bank: To mull raising Rs 500 crore through proportion trouble to a group of workers
JSPL appoints Sudhanshu Saraf as metal enterprise CEO
Bank of Baroda to elevate as much as Rs 1,285 cr via Basel III bonds
Ashok Leyland will increase its stake in Ashley Aviation
Vikram Solar baggage one hundred forty MW sun undertaking from NTPC
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The meantime price range will be presented on February 1, and there may be already a clamor from the automobile enterprise. Demanding a reduction in GST on the return of negative shopping for a season over the past three months, groups are looking to the Finance Minister for a few alleviations. There is more to this improvement in the replica under, however, here is the listing of all the predominant car trends of the week:
BMW motorcycle twins outsell TVs motorbike
Despite sharing an equal platform and having a much heavier rate tag, two premium bikes, with the aid of BMW Motorrad, have outsold their sister TVS motorbike.
The German heavyweight stated it sold 1,640 G 310 R and G 310 GS gadgets when you consider their launch in July (deliveries commenced in August). TVS Motor Company is thought to have offered much less than 1,500 devices of the Apache RR 310 at some point of August-December duration.
Revised axle load norms snuff out increase from CV
The new axle load norms accepted by using the government inside the middle of the last 12 months have proved to be one of the main motives behind the terrible overall performance of commercial motors all through the past few months.
Sales of medium and heavy commercial cars (MHCV), especially in the shipment segment, saw a 22 percent fall for India’s top 4 truck and bus producers: Tata Motors, Ashok Leyland, VE Commercial Vehicles (VECV), and Mahindra & Mahindra (M&M).
Bike, scooter demand skid in December
Demand for brand spanking new bikes and scooters slowed down extensively in December as three of the pinnacle five agencies published flat to damaging boom in income.
The four manufacturers that introduced their December sales numbers — Hero Motocorp, TVS Motor Company, Bajaj Auto, and Royal Enfield — clocked the best two percentage growth at 8.77 lakh in opposition to 8. Fifty-nine lakh was offered inside the equal month 12 months earlier. These agencies control nearly 70 percent of the home-wheeler market.
New car call for also skids in December
India’s four largest automobile makers — Maruti Suzuki, Hyundai, Mahindra & Mahindra, and Tata Motors — posted percentage growth in sales for December as sellers struggled to convert inquiries into showed bookings. The four corporations manipulate over eighty percent of the home care market.
Tight liquidity, extended lending costs, bad consumer sentiment, and the absence of new version launches impacted sales in December. This is notwithstanding a regular decline in fuel prices and unusually excessive discounts provided by way of all automakers and their dealers to get rid of inventory before getting into 2019
Toyota wants to sell India-made Suzuki cars to the sector
The world’s most significant automobile maker Toyota Motor Corporation is learning the hints of the exchange from one minnows. The learning is based majorly on the quickest developing automobile marketplace within the world – India.
Toyota, which has collaborated with Suzuki for selling vehicles in India, intends to take the culmination of the partnership beyond Indian seashores, into Africa and other similar markets.
Hero Motocorp demands reduction in GST on bikes
U. S .’s biggest two-wheeler maker, Hero Motocorp, referred to as for discount in Goods and Services Tax (GST) on motorcycles and scooters to 18 percentage from the cutting-edge fee of 28 percentage.