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8 Stocks to be Focus on 24 Feb 2016

8 Stocks to be Focus on 24 Feb 2016

8 Stocks to be Focus PNB: Public sector lender Punjab National Bank (PNB) has declared a list of 904 wilful defaulters, including Winsome Diamonds & Jewellery and Zoom Developers, that owe close to Rs 11,000 crore to the lender. Nestle India: The company could take three years to completely recover its India revenues following the impact of the Maggi episode as per conventional wisdom but the Swiss foods giant is looking to do it faster, its Asia head has said. ONGC: Venezuela’s state oil company PDVSA is about to clinch a deal for India’s Oil and Natural Gas Corp to invest some $500 million in their San Cristobal joint venture, the South American company’s president said on Tuesday. NTPC: The Rs 5,000 crore stake sale by the government in NTPCBSE -2.66 % saw demand for almost twice the shares on offer, led by a big-ticket application by state-owned insurance giant Life Insurance Corporation of India ( LIC). FIIs too have lapped up the shares Lupin: Drug maker Lupin would not scale down its operations in emerging markets despite currency fluctuations and the company would look at acquisition opportunities in specialty product business for growth, its managing director Nilesh Gupta said here on Tuesday. Tata Steel, Tata MotorsBSE -2.03 %, Tata Power: These Tata group companies have hired bankers to raise $2.5 billion this quarter, one of their biggest overseas fundraising exercises in recent times. Tata Steel has launched a $1.5 billion deal in general syndication in January, Tata PowerBSE -0.09 % has hired seven banks to raise $460 million for a loan, which is due to be paid next...
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