Inox: Fame deal - CNBC-TV18 exclusive: sources say -Inox: Fame deal advanced by two days -Fears of a rival party derailing the deal lead to crash deal -A third player may be looking at a counter offer: sources -In September'09 Temasek sold its 13.5% stake in Fame India -Stake sold to 2 shell investment companies - Gulshan Investment and Shail Investments -Ownership of these companies unknown -Temasek deal was done at Rs 30 per share
Kirit Parikh panel -Kirit Parikh panel submits report, recommends freeing petrol, diesel prices -Also recommends hike of Rs 6/litre for kerosene and Rs 100/LPG cylinder
Power Ministry Says -Satluj Jal IPO unlikely this financial year due to procedural issues -REC follow-on issue should happen this fiscal -Have not decided on Power Grid FPO as of now
3G Auction - From NewsWire18 -Time too short for 3G Auction this fiscal: Finance Ministry Sources -Capital inflows not a concern at all as of now -Not mulling curbs on capital inflows
Other stocks that are in news today: -Ashok Leyland January total sales at 7,871 units versus 2,444 units (YoY) -M&M, Renault may not part ways, may restructure JV - FE -Ex-dividend: PNB (Rs 10) -Mount Everest Trading board approves 3:1 bonus issue ((Different co from Mount Everest Mineral Water)) -Rohit Ferro Tech to seek shareholder nod for rights issue -MHM Holdings makes delisting offer for Micro Inks, floor price Rs 477.94, indicates Rs 550/sh acceptable as offer price ((CMP: 633))
