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Epic Update : HDFC

HDFC is planning to raise $300 million through external commercial borrowing (ECB) to fund its expansion. The company has not yet decided whether the raising of funds will happen this fiscal or the next one. https://www.epicresearch.co/

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Epic Update : Bharat Forge

Bharat Forge’s indirect subsidiary in Hong Kong has divested its 51.85% stake in its Chinese JV operations ‘FAW Bharat Forge (Changchun) Company’ to its Joint Venture (JV) partner, China FAW Corporation, for $28.208 million amounting Rs 175 crore ending its 8 year old JV in China. Bharat Forge, since inception of joint venture in 2006, […]

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Epic Update : Vijaya Bank

Vijaya Bank  Board to mull conversion of 120 crore preference shares of Rs 10/sh into equity shares. https://www.epicresearch.co/

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Epic Update : SpiceJet

SpiceJet  warrant issue to promoters to result in fund infusion of Rs 133 crore into airline: Promoters’ holding in SpiceJet to rise to 58.46 percent after allotment of new shares https://www.epicresearch.co/

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Epic Update : Dr Reddy’s Labs

National Pricing Policy to affect only 15-20 drugs National Pricing Policy may impact 5 percent of india sales https://www.epicresearch.co/

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Epic Update : Coal India

Only capex plan of  Coal India  discussed at finance ministry meet Coal India not asked to consider cross-holding Coal India to consider interim dividend on January 14 https://www.epicresearch.co/

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Epic Update : Oil India

Evaluating IOC share buy plan, no decision taken yet Company has enough cash to buy stake in https://www.epicresearch.co/

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