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Stock news: Stock to watch out for 20 December 2017

market opening bellBharti Airtel limited entered into the acquisition of Tigo Rwanda Limited by Airtel Rwanda Limited, a subsidiary of Bharti Airtel.

IndusInd Bank: CCI approves the Amalgamation proposed by Bharat Financial Inc with IndusInd Bank.

Indian Bank raises equity capital up to Rs. 7,000 cr in one or more tranches in the current or succeeding financial years.

Coal India Limited has approved the introduction of Evacuation Facility Charges at Rs. 50 per tonne for the dispatch of Coal on all dispatches, through the way the company would be expected to generate additional revenue of Rs. 2,500 cr, approx.

Dewan Housing Finance proposes to issue Secured Redeemable NCDS amounting to Rs. 75.00 crore including a Greenshoe option, a special provision in an IPO prospectus, of up to Rs.300.00 crore on PP basis.

Tata Steel Limited increases the capacity of Kalinganagar plant from 3-MTPA to 8-MTPA the project will cost the co, Rs. 23,500 cr and will be fulfilled within 4 years. Besides, the company to raise up to Rs.12,800 cr through right issue.