Jun 21, 2012 09:06 AM IST | Source: CNBC-TV18

Stocks in news: Kansai Nerolac, Akzo Nobel, NHPC, Hind Zinc

Merck | Kansai Nerolac Paints | Akzo Nobel India | Allcargo Logistics | NHPC | Hindustan Zinc and Coal India are stocks, which are in the news today.

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Todays L/H

Here are stocks that are in news today:

Digitisation deadline may be extended by at least 3-4 months: Sources
-Information and Broadcasting (I&B) ministry expected to make an announcement early next week
-New I&B notification may extend deadline to October 28

SBI to reduce lending rates to exporters soon - PTI
SBI says
-RBI may cut policy rates in FY13 to boost growth
-See Company's loan growth at 16%, deposit growth at 20%

Mines Ministry to EGoM
-To dilute government's stake in Hindustan Zinc (HZL), Balco to Sterlite Industries soon - PTI
-Alert – Government holds 29.54% stake in HZL and 49% in Balco

-Downgrades NHPC to negative from stable
-Affirms NHPC long term foreign & local currency rating at 'BBB-'
Karnataka HC: PTI
-Reserves order in illegal mining case for Thursday
-Defers BS Yeddyurappa's anticipatory bail plea to Thursday

Other stocks and sectors that are in news today:
-Government likely to impose a 21% duty on imported power equipment: (ET) (5% basic, 12% countervailing, 4% special additional duty)
-L&T, Tata and HCL in race for Rs 10,000 crore defence deal, they will compete against Bharat Electronics: (BS)
-Allcargo Logistics approves buyback at maximum Rs 142.5/share
-Akzo Nobel India defers buy back buy to July 2
-Godrej to launch fifth phase of GGC township at Ahmedabad worth Rs 396-540 crore: PTI
-GAIL wants US to relax norms for more LNG imports: PTI
-Power producers oppose terms of fuel supply agreements with Coal India: (BS)
-Government has asked REC and PFC to provide loans to state electricity board reducing the burden on banks: (FE)
-Kansai Nerolac Paints to acquire 68% stake in Nepalese paint major
-Merck is in talks to buy Micro Labs, no other details disclosed: (FE)

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