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Tata Steel

774.251.04%BSE : Jan 17, 16:00

Stocks in the news: Tata Steel, HDFC, Coal India, Bharti Airtel, Shoppers Stop, Amara Raja, NDTV

Here are stocks that are in news today:
Tata Steel
To expand Kalinganagar capacity by 5m tons per annum to 8 MTPA
The project will cost Rs 23,500cr
Total capacity post expansion will be 18 MTPA

Board approves raising funds up to Rs 12,800 crore via rights issue
Approves subscription to securities by HDFC Bank on pref basis for up to Rs 8,500 Cr
Board approves raising up to Rs 13,000 cr capital
To use cap to explore opportunities in health insurance with HDFC Ergo
Looking at opportunities in Resol & acquisition of stressed assets in real estate

Setting up funds to invest in affordable housing projects
Coal India To introduce evacuations facility charges at 50/ tonne for dispatch of coal

Company will generate additional revenue of Rs 2500 cr for the full year and Rs 800 cr for the balance period of 2017-18