Moneycontrol
Feb 18, 2013 09:35 AM IST | Source: CNBC-TV18

Stocks in news: Geodesic, Unichem, DB Realty, Cairn, IOC

Geodesic | Unichem Labs | Dhanlaxmi Bank | DB Realty | Cairn India | Ruchi Soya | Suzlon Energy | Jet Airways | IOC | HPCL | BPCL and Kingfisher are stocks, which are in the news today.

Stocks in news: Geodesic, Unichem, DB Realty, Cairn, IOC

Here are stocks that are in news today:


Suzlon bets on debt recast, unit stake sale to turnaround: ET
-Company intends to sell stake worth Rs 2200 crore in component manufacturing subsidiaries


Jet-Etihad deal
-To be restructured; signing may be deferred
-Etihad-Jet seek changes in structure: Sources
-Disagreement on right of first refusal (ROFR) clause with Jet
-RoFR clause may not find muster with Indian government
-Concern on proposed Jet board restructuring also
-'Etihad management keen on deal'
-Sources say Etihad has no plan to call off deal
-Etihad Chairman admits of proposing revision in deal
Alert: Under FDI rule Etihad cannot have majority rights


Fuel price hike
-HPCL hikes diesel prices by 46 paise/litre; petrol by Rs 1.48/litre
-IOC, BPCL hike diesel prices by 45 paise/litre; petrol by Rs 1.50/litre


IOC says:
-Revenue loss on diesel sale to now fall to Rs 10.27/litre
-FY13 revenue loss on subsidised fuels seen over Rs 86,000 crore


Govt cuts gold base import price to USD 535 per 10 gm versus USD 545/10 gm
-Govt cuts silver base import price to USD 1,003/kg versus USD 1,018/kg
 
Kingfisher Airlines (KFA) update: Sources
-Of 5 core bank group, 4-bank sub-core group formed for KFA
-Sub-core group has banks with largest exposure to KFA
-4-bank sub-core group contains SBI, PNB, Bank of India, IDBI
Alert: Banks to consult individual boards on loan recall
-SBI sources say SBI board to take decision within 10 days
 
CNBC-TV18 exclusive: Finance Ministry sources
-Sanofi order reveals ruling due to India-France Double Taxation Avoidance Agreement (DTAA)
-I-T to decide further course of action over next few days
-Sanofi case different from Vodafone due to India-France DTAA
Alert: AP HC ruled no tax payable on Sanofi-Shantha transaction
On CNBC-TV18 - Sanofi Counsel::
-Court has upheld supremacy of DTAA
-Unlike Vodafone, Sanofi involves tax treaty
-Court's judgment comes at an opportune time for the FM
-Believe there is significant difference in Sanofi & Vodafone case


JSPL says:
-Hope to acquire 2 overseas mining assets
-Scouting for coal & Iron ore assets in Spain, Ukraine and West Africa
-To increase capacity at Angul plant by 1.8 mt to 4.8 mt in 2-3 months


SEBI order on Ruchi Soya
-SEBI passes interim order against 9 companies on Ruchi Soya freak trade
SEBI says
-Companies entitled to file their representations within 21 days
-Bars 9 entities from accessing security markets


Other stocks and sectors that are in news today:
-Power PSU’s NTPC, Power Grid to invest Rs 50000 crore in various projects
-Cairn India gets nod for drilling of Rajasthan Block: BS
-Gujarat NRE Coking coal rejects JSPL Austalian dollar 222 million takeover bid: Mint
-Welspun to invest Rs 1000 crore to hike yarn & cotton production: Mint
-DB Realty: ICICI Bank releases 11 percent company's shares pledged by promoters
-Central Bank of India to issue 30.84 crore shares to government at Rs 78/share on preferential basis
-Dhanlaxmi Bank to raise Rs 200 crore via QIP
-Competition commission of India (CCI) to take up NTPC's North Karapura plant relocation and linkage issue in meeting this week 
-Unichem Lab board approves sale of Dhar manufacturing unit to Mylan for Rs 160.5 crore


GSK Consumer Q4 (YoY)
-Net profit at Rs 69.6 crore versus Rs 59.1 crore
-Net sales at Rs 709.1 crore versus Rs 602 crore
-EBITDA at Rs 76.5 crore versus Rs 79 crore
-EBITDA margin at 10.8% versus 13.1%
-GSK Consumer board approves change in financial year from January-December to April-March


HMT Q3 (YoY):
-Net loss at Rs 29 crore versus Rs 31 crore
-Net sales at Rs 49.2 crore versus Rs 18.06 crore

Geodesic Q2 (QoQ):
-Consolidated net profit at Rs 9.8 crore versus Rs 35.8 crore
-Consolidated net sales at Rs 222.3 crore versus Rs 170.1 crore

Sections
Follow us on
Available On