Stocks in news: SAIL, Jet Air, Pantaloon, Ranbaxy, Gulf Oil
Published on Tue, Feb 09, 2010 at 08:02 | Source : CNBC-TV18
Updated at Tue, Feb 09, 2010 at 08:03
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Stocks in news: SAIL, Jet Air, Pantaloon, Ranbaxy, Gulf Oil
SAIL | Jet Airways | Asian Oil Field | Pantaloon | Ranbaxy | Gulf Oil India | Pioneer Embroideries | Subex | Fame | Inox and Reliance Media are stocks, which are in the news today.
SAIL - CNBC-TV18 exclusive -SAIL may issue bonus shares before FPO: sources -Govt has suggested bonus issue to SAIL: sources -SAIL management yet to finalise bonus issue plan: sources
Jet Airways - Mint Exclusive -Jet Airways in initial talks with Fedex Corp for cargo business -Jet Airways looking at JV or alliance with FedEx Corp Jet Airways -January load factor at 73.6% versus 64.7% (YoY) -January International load factor at 84.9% versus 74.9% (YoY) -JetLite January Load Factor at 75.1% versus 67.8% (YoY)
Fame-INOX - CNBC-TV18 exclusive: sources -SEBI unlikely to intervene in Fame-INOX deal -Essentially a deal between buyer & seller -May not attract provisions of takeover code -To examine issue once letter received -Reliance Media Works sent objection letter to Fame management -Letters states Reliance made unconditional offer at Rs 80/share -Letter states sale to INOX at Rs 44/share blatantly understated
IPOs Hathway -Hathway IPO opens today, issue of 2.77 cr shares in a price band of Rs 240-265 -Gets anchor investors for 4.99 million shares at Rs 240/share -Investors include Franklin India, DSP Blackrock, Reliance Capital, Copthall Mauritius, Treeline Asia Texmo -Texmo Pipes and Products IPO opens on February 16, closes on February 19, price band Rs 85-90/sh
Other stocks that are in news today: -Subex board approves issue of up to 6 million shares to promoters at Rs 80/share ((CMP: 60)) -Govt notifies extending duty-free white sugar import till December 31: NW18 -Pioneer Embroideries board meet today for preferential issue -Nuchem board approves selling property at Faridabad subject to approval from IFCI -Gulf Oil India board approves selling entire stake in its subsidiary IDL Specialty Chemicals ((IDL recently sold API biz to Biocon and was left with no major biz)) -WHO says November inspection of Ranbaxy's Paonta Sahib plant found no problems at site -RBI cracks the whip, say no to further rejig of realty loans, asking developers to lower rates and clear inventories to pay lenders - ET -Pantaloon plans to spin off 5 of its brands and merge with Capital Foods - ET -Govt mulls domestic sugar ban for bulk users to check prices - BS -Asian Oil Field open offer at Rs 61.20/sh ((CMP: 64))
