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Updated
Stock market news:-
Dabur India
says
-No improvement in eco-political situation in Nepal -India-Nepal border
continues to remain closed -Have lost some part of juice sale in October &
November due to Nepal issue -Estimated juice sales during Q3 will be lower by
10-15 percent (YoY) -Nepal situation will have a near term impact on Q3 FY16 performance
-Have already ramped up production of juices in Sri Lanka & Newai,
Rajasthan -Have engaged with third parties to cater to demand requirement for
December.
Tree House
Education -10.77 percent equity exchanged hands in 4 block
deals -Promoters Geeta & Rajesh Bhatia sold 9.5 percent stake.
Reliance
Communications -Sanjiv Ahuja backed by TPG leads race
to buy company's towers: ET -Enterprise value of company's tower business
pegged at Rs 21,400 crore.
Dena Bank -Board approves to raise equity capital by diluting
government stake up to 52 percent -To raise AT1 capital up to Rs 1,500 crore in
one or more tranche -To raise Tier-II capital up to Rs 1,000 crore in one or
more tranche.
Jain Irrigation -Shareholders
approve raising Rs 290 crore -To issue up to 1.4 crore warrants worth Rs 112.5
crore to promoter JAF Products.
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