Stocks in Focus on January 15: Jet Airways, Cipla to Bajaj Finance; here are the 5 newsmakers of the day

The cash-strapped airline, Jet Airways, has received the forensic audit clean chit as the audit has not shown any adverse findings. Reports suggest that the result of the audit may push its lenders to pick substantial stake and restructure the debt of the company. 

Stocks in Focus on January 15: Jet Airways, Cipla to Bajaj Finance; here are the 5 newsmakers of the day
Today is the ex-date for split/sub-division of equity shares of the Company from the face value of Rs10 each to face value of Rs 2 each. Image source: Reuters
Written By: ZeeBiz WebTeam
Updated: Tue, Jan 15, 2019
09:44 am
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Anil Singhvi’s Strategy May 12: Day support zone on Nifty is 14,725-14,775 & Bank Nifty is 32,475-32,575 Anil Singhvi’s Strategy May 12: Day support zone on Nifty is 14,725-14,775 & Bank Nifty is 32,475-32,575
Stocks in Focus on May 12: Siemens, Godrej Consumers, Kalpatraru Power NBCC to Telecom Stocks; here are the 5 Newsmakers of the Day Stocks in Focus on May 12: Siemens, Godrej Consumers, Kalpatraru Power NBCC to Telecom Stocks; here are the 5 Newsmakers of the Day
Anil Singhvi’s Strategy May 11: Day support zone on Nifty is 14,775-14,825 & Bank Nifty is 32,575-32,775 Anil Singhvi’s Strategy May 11: Day support zone on Nifty is 14,775-14,825 & Bank Nifty is 32,575-32,775
Stocks in Focus on May 11: JMC Projects, Intellect Design, PNB, IndiGo to Metal Stocks; here are the 5 Newsmakers of the Day Stocks in Focus on May 11: JMC Projects, Intellect Design, PNB, IndiGo to Metal Stocks; here are the 5 Newsmakers of the Day
Stock Market Holiday May 2021: BSE, NSE to remain CLOSED on May 13 this week—Here is why Stock Market Holiday May 2021: BSE, NSE to remain CLOSED on May 13 this week—Here is why

Certain stocks came in the news after the market was closed for trading on January 14, 2019, and can have an impact on the market after it reopens for trading on January 15, 2019. 

Here is the list of five such stocks:
Fertiliser stocks: Reports are there that the government may overshoot its fertiliser subsidy bill for this financial year (FY19) by Rs30,000 crore. With this, the fertiliser subsidy will go up to Rs1 lakh crore. Apart from this, the government may ask Public Sector Banks (PSB’s) to offer loans at cheap rates to the fertiliser companies. 

Jet Airways: The cash-strapped airline, Jet Airways, has received the forensic audit clean chit as the audit has not shown any adverse findings. Reports suggest that the result of the audit may push its lenders to pick substantial stake and restructure the debt of the company. Apart from this, 

Bajaj Finance: Reserve Bank of India (RBI) has slapped a monetary penalty of Rs1 crore on Bajaj Finance for violation of Fair Practices Code applicable to the non-banking finance companies (NBFCs) as outlined in its master directions for NBFCs. 

Watch Zee Business Video

Cipla Limited: The pharmaceutical company has reached a licensing agreement with Bio-Thera Solutions Ltd and for a bevacizumab biosimilar under which Cipla will have exclusive rights to distribute and market the drug in select emerging markets.

Gujarat Gas Ltd: Today is the ex-date for split/sub-division of equity shares of the Company from the face value of Rs10 each to face value of Rs 2 each.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.