Stocks In News

Deccan Gold: The company has discovered Nickel and Copper at its Chattisgarh unit after completing 1,200m of core drilling across 7 holes. Low-impact exploration activities will continue at the site. Rishabh Instruments: The company has redesignated its Whole-Time Director, Dineshkumar Musalekar, as the new Managing Director. Vascon Engineers: The infrastructure firm has received a Letter of Intent (LoI) worth Rs 132 crore from Reliance Industries.

: The automaker has received government approval for a 216-acre land parcel in Andhra Pradesh. The company will invest Rs 2,500 crore to acquire the land for major capacity expansion. : The commercial vehicle manufacturer's board will meet on May 28 to mull fundraising via Non-Convertible Debentures (NCDs). Narayana Hrudayalaya: The hospital chain's board will meet on May 22 to consider raising funds through debt instruments. Varroc Engineering: The auto components maker's board is scheduled to meet on May 27 to discuss fundraising via NCDs. ICRA: The rating agency announced that its subsidiary has recommended a massive dividend of Rs 54 per share. HDFCLIFE : The life insurer has received shareholder approval to issue 1.5 crore shares to HDFC Bank on a preferential basis. AVG Logistics: The company's board has approved a rights issue of 36.5 lakh shares to raise Rs 52.9 crore. The issue will be in an 8:33 ratio, with May 21 fixed as the record date. Interarch Building: The company issued a clarification stating that its board has not approved any share buyback proposal, directly refuting a news report regarding a Rs 10 crore buyback. : The company's subsidiary, Bajaj Auto International Holdings BV, has fully repaid its outstanding dues worth €80 million to JP Morgan Chase Bank and DBS Bank.