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Buzzing Stocks
· Suzlon Group signed an agreement with Hindustan Zinc to set up, operate and maintain 150MW of wind power projects across the states of Karnataka, Maharashtra, Rajasthan and Tamil Nadu. The project entails a total investment of approximately `8.65bn.
· Central Bank of India announced that its Rights Issue of `2,500Cr would hit the markets in this quarter.
· JSW Steel’s crude steel production for the quarter ended December grew 11%.
· Take Solutions has acquired UK based WCI Consulting Group through its subsidiary. WCI Consulting is a patient safety and compliance advisor to the life science industry.
· Mahindra & Mahindra Financial Services approved raising `570Cr through placement of securities with qualified institutional investors.
· Unity Infraprojects has been awarded project for construction of residential accommodation at Mamun. The contract value is `122.14Cr to be completed in 27 months.
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