Stocks in the news: TCS, Bharat Financial, Sical Logistics, Cosmo Films, IDBI Bank

Here are the titles that make the news today:

TCS : The company acquired the activities of BridgePoint Group, LLC, a US management consulting company working in the financial services sector and specializing in retirement services, through the purchase of badets selected by the company.

Sical Logistics : The company received a letter of acceptance from Mahanadi Coalfields Limited for its coal stratum mining and related transportation activities at Hingula OCP, Hingula Region for a contract price of 363.38 crores of rupees for an extraction of 16.20 million Cu.M over a period of 3 years.

Mercator Sold the old ship MT Vedika Prem for the amount of 28.54 crores of Rupees

Cosmo Films : In April 2017, the company had announced the establishment of a new BOPET film production line (Specialized Polyester) in Aurangabad, Maharashtra. The line was ordered but, due to adverse market conditions, the company decided to postpone delivery and commissioning for 8 to 10 quarters. This does not affect the company's current operations.

Jet Airways – states that the announcement of the release of shares of Jet Airways on the departure of Naresh Goyal is speculative nature

IDBI Bank : The bank confirmed that the Commission India: Approval of the acquisition of the bank by LIC.

Bharat Financial Inclusion : The company sold to a group of claims totaling Rs. 827.76 million in direct sales. This is the third transaction of direct badignment of the fiscal year 19. With this transaction, the company has realized direct sale transactions in the amount of 2,181.75 billion rupees. During the year 19.

Mahanagar Gas approved the appointment of GAIL President and Chief Executive Officer, Bhuwan Chandra Tripathi, as President and Chief Executive Officer of the Company effective November 29, 19659003] Gammon India Q4FY18: Loss to a crore of 165.24 rupees against a loss of crore of 1412.11 rupees; the turnover rises to 144.30 crores of rupees against 71.28 crores of annuity.

Jindal Stainless : India Ratings & Research awards the BBB (Outlook: Stable) rating to the long-term issuer (Outlook: Stable).

interim dividend for the year 2018, if any, on December 5, 2018

Mercator : As part of its strategic plan, the company sold its former vessel MT Vedika Prem, built in 1993, for a total consideration of Rs. 28.54 crore and the proceeds of which would be used to honor his debts / commitments.

Mawana Sugars : The Council approved the proposal to make available the 146 crore reduced rate loan granted by the Uttar Pradesh Co-operative Bank to release unpaid farmer royalties for the 2017- 18 to their units Mawana Sugars Works and the Nanglamal Sugar Complex, as required by the Government of Uttar Pradesh State.

Jindal Leasefin : Rachit Singhal, General Manager resigned from the Surender Kumar Jindal's service was appointed General Manager in his place. November 28, 2018 for a period of 5 years.

Bank Allahabad revised the MCLR by 10 basis points as of 01.12.2018

Vanta Bioscience : the Board approved the award of 5.84,000 shares of Rs 10 each. a premium of 75 rupees each on a preferential basis.

On November 27, 2018, Indoco Remedies commissioned a new, state-of-the-art API manufacturing facility in Patalgana.

IKF Technologies: : Arun Kumar Agarwal, Chief Financial Officer of the company resigned from office due to unavoidable circumstances.

Jindal Stainless – India Ratings & Research is awarded the rating of long-term issuer IND BBB (Outlook: stable)

. Bulk Transactions [19659002] Fortis Healthcare : UBS Principal Capital Asia Limited purchased 1.52,00,000 shares of the company at 146 rupees per share on the NSE, while York Asian Strategic Metric Master LP sold 1,27 000,000 shares at 146 rupees.

GSS Infotech : Private Sarvottam Securities Company Ted sold 1,000,000 shares at Rs 123.75 per share on the NSE.

Powerful Technologies : Finshore Management Services sold 1,32,000 shares of the company at 22 R9 through CSR on the NSE.

Shankara Building Products : Amansa Holdings Private Limited purchased 1 23,628 shares of the company at a price of 676.24 rupees per share on the NSE.

( For More Bulk Operations, Click Here )

Analysis Meeting and Board of Directors / Briefings

Mahindra & Mahindra ]: The company's executive will meet with JP Morgan Asset Management on November 30, and will meet with a number of funds / investors attending the Nomura Investor conference via video conference on December 3, Stewart Investors on December 3 and Highclere International Investors on December 4.

Tamil Nadu Newsprint and Papers : Company representatives will meet IFB Automotive Pvt.Ltd on November 29.

Tata Chemicals : Company representatives will meet Reliance Mutual Funon on November 29; and Securities Investment Manipulation Pvt Ltd and Tata AIG General Insurance November 30

Ramco Cements : An investor meeting is scheduled for December 5 in Mumbai.

Nestle India : The Board of Directors will review the interim third-party dividend declaration for the year 2018, if any, on December 5.

Manappuram Finance : Company representatives will meet Edelweiss Wealth, ICICI Securities, CDC and IIFL Wealth on November 30.

Pidilite Industries : The company's representatives will meet TT International Ltd on November 30, the University Pension Plan on December 3, and December 10, Generation Investment Management LLP.

Hinduja Global Solutions : The company holds a meeting between badysts and investors in Mumbai in December 6.

Kaya : The head of the company will meet the Sundaram Investment Fund on November 29 .