Oct 12, 2012 09:44 AM IST | Source: CNBC-TV18

Stocks in news: Bharti, Great Off, BPCL, Infosys, Maruti

Maruti | Bharti Airtel | Reliance Communications | Great Offshore | BPCL | Heidelberg Cement | Kingfisher Airlines | Infosys and HDFC Bank are stocks, which are in the news today.

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Todays L/H

Here are stocks that are in news today:

Results Today: Infosys, HDFC Bank, DCB, Heidelberg Cement, TTK Prestige

ICICI Bank cuts home and auto loan rates
-ICICI Bank cuts home loan rates by up to 100 basis points
-ICICI Bank cuts auto loan rates by upto 75 basis points
-Home loan rates for less than Rs 30 lakh at 10.25% versus 10.5%
-Home loans between Rs 30-Rs 70 lakh at 10.5% versus 11%
-Home loan above Rs 70 lakh at 10.5% versus 11.5%
-ICICI Bank's new rates applicable for 2 months till December 31

Kingfisher Airlines (KFA) lockout likely to continue
Directorate General of Civil Aviation (DGCA) sources say
-KFA has not replied to show cause notice issued yet
-Unlikely that KFA will be able to restart operations today

KFA's operational fleet down to 9 aircraft: Sources
-Lessor takes back one airbus 320 from KFA

Chairman RC Bhargava to CNBC-TV18
-Maruti Suzuki halves growth forecast for FY13 to 5% from guidance of 10% earlier
-May look at expanding diesel capacity earlier than planned

Fresenius Kabi offer for sale (OFS) opens today (CMP Rs 86.6)
-OFS price fixed at Rs 80/share
-To sell 1.18 crore shares (7.5%)
-Option to sell additional 23.73 lakh shares (1.5%)

Gruh Finance Q2 YoY
-Net profit at Rs 27 crore versus Rs 27 crore
-Revenue at Rs 157 crore versus Rs 148 crore

Other stocks and sectors that are in news today:
-BPCL consortium announces another successful exploration well in Brazil
-BNP Paribas, SREI invest Rs 200 crore in JV SREI Equipment Finance
-Great Offshore board extends maturity date of USD 40 million FCCB by 6 months
-Amrutanjan stock split from Rs 10 to Rs 2
-Motilal Oswal’s PE arm to float Rs 500 crore real estate fund: ET
-Government has granted infrastructure status to telecom tower providers, Bharti Infratel (subsidiary of Bharti Airtel), Reliance Infratel (a part of Reliance Communications) to benefit: ET
-EIH Associated Hotels rights issue closes today: FE
-Urea prices raised by Rs 50/tonne (came in market hours)

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