Stocks in the news
Adani Ports and Special Economic Zone: The company is going to develop the west container terminal (WCT) of Colombo Port in Sri Lanka. It will partner with Sri Lanka's largest diversified conglomerate John Keells Holdings PLC and with the Sri Lanka Ports Authority (SLPA) as a part of the consortium awarded this mandate.
Shipping Corporation of India: Life Insurance Corporation of India sold 2.01 percent stake in state-owned Shipping Corporation of India through open market transaction.
NIIT: NIIT (USA) Inc, a US subsidiary of the company, has signed a managed services agreement with a US-based financial services organisation (an existing client) to provide a range of learning services.
HFCL: The company has signed a share subscription and shareholders' agreement with Tamil Nadu-based cable reinforcement solutions company Nimpaa Telecommunications and its promoter shareholders. The company intends to acquire up to 50 percent of the paid-up equity share capital of Nimpaa, in one or more tranches.
Mishra Dhatu Nigam: The board of directors have declared an interim dividend of Rs 1.20 per equity share of Rs 10 each for the financial year 2020-21.
Usha Martin: Promoter Peterhouse Investments and other promoters reduced stake in the company to 3.90 percent from 3.98 percent via open market transaction.
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