Stocks in news: Birla Corp, Neyveli, Glenmark, Bharti, PFC

Published on Wed, Mar 17, 2010 at 08:22 |  Source : CNBC-TV18

Updated at Wed, Mar 17, 2010 at 08:23  

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Stocks in news: Birla Corp, Neyveli, Glenmark, Bharti, PFC

Neyveli Lignite
-Set to replace REC loan with cheaper loan from BoB (Bank of Baroda)
-CNBC-TV18 alert: REC was to lend Rs 3,500 crore for NLC Tamil Nadu Power @11.2%
-BoB to lend Rs 3,500 crore to NLC Tamil Nadu at 9.65%
-UCO Bank had bid to lend @9.05%, but was unable to finance

Board Meetings
-Aarey Drugs for rights issue
-Thomas Cook, Rain Commodities - results
-Transort Corp - demerger/restructuring of real estate biz

Other stocks and sectors that are in news today:
-Persistent Systems IPO opens today, issue of 54.2 lakh shares @ Rs 290-310/sh
-DCM Int acquires Mumbai based Vsoft Services
-BK Birla group's Century Textiles to fight Wadias over the Mumbai property - BS
-PFC keen to pick up 26% stake in power projects -PTI
-Hang Seng ETF to be listed on NSE tomorrow
-Birla Corporation minority shareholders drag management to CLB for alleged siphoning of funds - FE

  

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