Stocks in the news: Kotak Mahindra Bank, Kaveri Seed, Jet Airways, BEML and JK Cement

Stocks in the news: Kotak Mahindra Bank, Kaveri Seed, Jet Airways, BEML and JK Cement 

NEW DELHI: Nifty prospects on the Singapore Exchange were exchanging 17.50 focuses, or 0.16 percent, lower at 10,796, demonstrating a negative begin for the Nifty50. 

Kotak Mahindra Bank: ING Group will offload around 1.20 percent stake in Kotak Mahindra Bank by means of square arrangement on Friday. There are desires that the offer cost will be at 3-5 percent rebate to the Thursday's end cost. 

Kaveri Seed: Andhra Pradesh government has suspended the licenses of Kaveri Seed Company and 13 seed organizations on January 28. The said suspension, the organization stated, has no effect on the planned offers of the Company. 

BEML: The PSU and the US-based Lockheed Martin Aeronautics Company marked a 'Declaration of 

Association' at the progressing AERO INDIA 2019 at Bengaluru. The progression opens up roads for joint effort between the two organizations to investigate assembling of help gear openings in aviation 

Stream Airways: Government-possessed State Bank of India (SBI) and Punjab National Bank (PNB) have consented to give Rs 500 crore crisis financing for Jet Airways, subject to others in the consortium of loan specialists not questioning, said individuals with learning of the issue. 

Dynamatic Technologies: The organization has marked a MoU with SAAB Technologies with an expectation to investigate future joint open doors in business and guard related work, including Gripen warrior air ship. 

TechM: The leading group of Tech Mahindra has endorsed a buyback of up to 20.6 million offers (2.06 crore) worth Rs 1,956 crore at Rs 950 for every offer. The record date of the repurchase, which will speak to up to 2.10% of the all out paid-up value capital of the organization, is March 6, the organization said on Thursday. 

Airtel, Vodafone Idea: The Digital Communications Commission on Thursday solicited the Department from Telecom (DoT) to advise it about course of requests of the Supreme Court and the Competition Commission of India on the Rs 3,050 crore punishment instance of Airtel, Vodafone and Idea Cellular. 

RCom: Multi day after it confronted SC heat over non-installment of duty to Ericsson, Reliance Communications Thursday looked for pressing endorsement from its loan specialists for arrival of about Rs 260 crore lying in its financial balance, straightforwardly to the Swedish telecom gear creator. 

JK Cement: The organization said it will contribute around Rs 450 crore to set up two crushing units for dim bond in Gujarat and Uttar Pradesh. 

Kesoram Industries: The BK Birla gather organization is hoping to get the SEBI endorsement of its proposed demerger of its tire business by February this year, an organization official said.He said the whole demerger process was probably going to be finished by July-end. 

Srei Equipment Finance: The entirely claimed backup of Srei Infrastructure Finance, has tied up with state-possessed Syndicate Bank to together give financing to development and homestead hardware. 

Ashoka Buildcon: The organization has won a Rs 1,382 crore roadway contract in Karnataka from National Highways Authority of India (NHAI).The contract to manufacture 56 km thruway extend is under half breed annuity mode (HAM) under which the legislature gives 40 percent of the undertaking cost to begin work, while the rest of the venture is made by the engineer. 

Cadila Healthcare: The organization has gotten last endorsement from the United States Food and Drug Adminstration (USFDA) to showcase nonexclusive Phytonadione tablets USP in the quality of 5 mg, Zydus Cadila said in an announcement. 

ADRs 

ADRs of MTNL, ICICI Bank, Vedanta and Wipro increased 6.45 per cenbt, 1.55 percent, 0.76 er penny and 0.64 percent, separately. ADRs of Dr Reddy's Labs, HDFC Bank and Tata Motors rose 0.64 percent, 0.43 percent and 0.25 percent, separately. Infosys ADRs fell 1.40 percent. 

Executive gatherings 

INIAADDA 

Insider Buys: 

20 Microns Limited: Eriez Industries Pvt Ltd has purchased 16,572 offers through Market Purchase on Feb 19, 2019. 

Asian Granito India Limited: Kamleshbhai Bhagubhai Patel has purchased 71,495 offers through Market Purchase on Feb 20, 2019. 

Bajaj Holdings and Investment Limited: Bajaj Auto Limited has purchased 67,231 offers through Market Purchase on Feb 20, 2019. 

Chambal Fertilizers and Chemicals Limited: The Hindustan Times Limited has purchased 50,000 offers through Market Purchase on Feb 20, 2019. 

Peak Ventures Limited: Priyanka Finance Pvt. Restricted has purchased 73,000 offers through Market Purchase from Jan 28, 2019 to Feb 19, 2019. 

Future Consumer Limited: Future Capital Investment Private Limited has purchased 9,52,000 offers through Market Purchase on Feb 18, 2019. 

Ganges Securities Limited: Ronson Traders Limited has purchased 52,030 offers through Market Purchase on Feb 20, 2019. 

GMR Infrastructure Limited: Gmr Enterprises Private Limited has purchased 50,00,000 offers through Market Purchase from Feb 18, 2019 to Feb 19, 2019. 

GMR Infrastructure Limited: Grandhi Satyavathi Smitha has purchased 13,28,000 offers through Market Purchase on Feb 18, 2019. 

Gyscoal Alloys Limited: Sampati Securities Limited has purchased 1,75,993 offers through Market Purchase on Feb 18, 2019. 

JBF Industries Limited: Chinar Arya Mittal has purchased 58,949 offers through Market Purchase from Feb 13, 2019 to Feb 20, 2019. 

Jindal Stainless Limited: Abhyuday Jindal has purchased 2,00,000 offers through Market Purchase from Feb 18, 2019 to Feb 19, 2019. 

JM Financial Limited: Vishal Kampani has purchased 39,041 offers through Market Purchase on Feb 18, 2019. 

K.M.Sugar Mills Limited: Mrs. Uma Devi Jhunjhunwala has purchased 63,566 offers through Market Purchase from Feb 8, 2019 to Feb 18, 2019. 

Mukand Limited: Baroda Industries Pvt Ltd. has purchased 80,488 offers through Market Purchase on Feb 18, 2019. 

Sanco Industries Limited: Anurag Gupta has purchased 24,000 offers through Market Purchase on Feb 20, 2019. 

Sunteck Realty Limited: Eskay Infrastructure Development Pvt Ltd has purchased 80,000 offers through Market Purchase on Feb 18, 2019. 

Television Today Network Limited: Aroon Purie has purchased 34,338 offers through Market Purchase on Feb 19, 2019. 

Uniply Industries Limited: Keshav Narayan Kantamneni has purchased 1,11,850 offers through Market Purchase on Feb 19, 2019. 

Vadivarhe Speciality Chemicals Limited: Sunil Haripant Pophale has purchased 30,000 offers through Market Purchase on Feb 19, 2019. 

Welspun Enterprises Limited: Mgn Agro Properties Private Limited has purchased 3,66,351 offers through Market Purchase on Feb 19, 2019. 

Insider Sells: 

Hub Bank Limited: Administrator Of The Specified Undertaking Of The Unit Trust Of India has sold 2,47,33,164 offers through Market Sale on Feb 18, 2019. 

Pivot Bank Limited: The Ortiental Insurance Company Limited has sold 25,000 offers through Market Sale on Feb 20, 2019. 

Future Consumer Limited: Manoj Gagvani has sold 45,000 offers through Market Sale from Jan 7, 2019 to Feb 18, 2019. 

Gruh Finance Limited: Jayesh Gangwani has sold 35,000 offers through Market Sale from Jan 28, 2019 to Feb 14, 2019. 

Mahindra and Mahindra Limited: Mrs. Yuthica Keshub Mahindra Jointly With Sudha K. Mahindra has sold 25,000 offers through Market Sale on Feb 19, 2019. 

Mangalore Chemicals and Fertilizers Limited: Mcdowell Holdings Limited has sold 41,944 offers through Market Sale on Feb 18, 2019. 

Viji Finance Limited: Vijay Kothari has sold 7,31,413 offers through Market Sale on Feb 18, 2019. 

Wipro Limited: Nallathur Balasubramanian has sold 15,000 offers through Market Sale on Feb 18, 2019. 

Wonderla Holidays Limited: Sheela Grace Kochouseph has sold 7,00,000 offers through Market Sale on Feb 20, 2019.