Here are stocks that are in news today:
Scooters India
GoI May Call For Global Bids
Malaysia's Tuk Tuk, Atul Auto, M&M, Piaggio Maybe Interested
Scooters India Only Manufactures 3 Wheelers
Tata Steel
Announces 1,500 Job Cuts In Europe
Job Cuts In Scunthrope, Teesside & Redcar
About 1,000 Job Cuts In Scunthrope, 250 At Teesside
About 250 Jobs Cuts At Redcar
Job Cut On Back Of Poor European Market Performance
CNBC-TV18 Exclusive, Sources Say:
Virgin Grp To Sign Pact To Sell Mobile Stake To TTSL
TTSL May Pay `1,800 Cr To Virgin Group For Stake
Virgin-TTSL Agmt As Per Pre Decided Amount In 2008
2008 Agmt Says TTSL To Pay Rs 1,800 Cr If Virgin Grp Exits
TTSL To Continue To Pay Royalty For Virgin Branding
TTSL Likely To Pay Royalty Of 5% Of Total Rev To Virgin Grp
Results Today: BHEL, GAIL India, Kingfisher Airlines, Tata Chemicals, Satyam Computers, Everonn Education, Karnataka Bank, Bajaj Electricals, Alkali Metals, Texmaco Rail, Magma Fincorp, Dish TV, Texmaco Ltd, Hotel Leela Venture, Himadri Chemicals, Smartlink Network, Karnataka Bank, JB Chemicals, Sambandam Spinning, Balaji Telefilms, Hitachi Home, Rane Brake Lining, DPSC, Bannari Amman Sugars, Net 4 India, NRC Ltd, Dhunseri Investments, Birla Cotsyn India, Arvind Remedies, Dalmia Bharat Sugars & Industries, Entertainment Network India
New Listings:
Sanghvi Forgings & Engineering (Price Band 80-85/sh)
CIL Nova Petrochemicals is listing post scheme of arrangement (not an IPO)
Halonix
Board Decides not to sell its general lighting business & continue both automotive & lighting business as two seperate & distinct lines of business.
The co has also called off its acquisition to acquire 100% shareholding on International lamp holding co & 2 downstream subsidiaries in Luxemborg
Other stocks and sectors in the news
Delta Corp Sells Kenyan Foray Delta Centre To World Bk For $22.8 m
SAIL has decided to rope in a strategic partner to spearhead its plan to set up a 3 million tonne steel plant in Afghanistan (ET)
NMDC is exploring the option of forming a JV with a Colombian firm to get access to coking coal for its steel plants (ET)
Department of divestment has put severe restrictions on investment bankers seeking to participate in offer of public sector companies (BS)
Govt is likely to come out with an interest rate subsidy scheme to push distribution reforms in the power sector (BS)
Amrutanjan Healthcare to buy back 1.06 lakh shares at Rs 900/sh
KazStroy Service Global BV an Amsterdem based co has made a cash offer to acquire 15 lakh shares in Petron Engineering Construction ltd at Rs 386.58/sh
HSIL plans to invest Rs 500 cr in the next seven years to set up three new plants in Gujarat (Mint)
Indian Overseas Bank plans to raise $ 300 million by June end (DNA)
KSK Energy may raise up to Rs 1200 cr to fund its wind energy projects across the country (DNA)
Alert: JB Chemicals board meet today to also consider divesting stake in Russian Sub
Wipro falls under tax scrutiny on the back of body shopping or export of manpower & not services to the overseas market (ET)
Japanese based Orix Corp in talks with TPG Capital to buy PE firm’s holding of 20% in Shiram Transport Finance valued at around Rs 3000 cr (ET)
SAIL hikes its planned investment in capacity expansion by over 25% to Rs 14,337 cr (HT)
Bajaj Hindusthan plans to launch a rights issue to raise Rs 1820 cr to partly repay its debts
F&O Ban: Deccan Chronicle, Orchid Chemicals, Power Finance Corp, Punjlloyd
Reliance Industrial Infra: Dividend of Rs 3.5/sh
DCB: Annual General Meeting
