Here are stocks that are in news today:
Results Today: SAIL, DLF, Britannia Industries, Cadila Healthcare, Wockhardt, EIH, Aditya Birla Nuvo, BEML, Financial Technologies, Andhra bank, PTC India, Essar Shipping, Gravita India, Religare Enterprises, Uttam Galva, Whirpool, Wheels India, Escorts, Hawkin Cookers, JB Chemicals, TBZ, Tube Investment, OCL India, Lakshmi Machines, Saksoft, Money Matters, Hinduja Ventures, Setco Auto, Royal Orchid Hotels, GTC, Sanghvi Movers, Pricol, DCW Elgi, FIEM Industries, Hindustan Udyog, Indo Rama, Mirc Elec, Morepen Labs, Sumeet Inds, WPIL
SEBI bars 19 entities from accessing securities market
-Person/entities can file their objections within 21 days
Ratan Tata says
-Domestic market growth depends on GDP and reforms
-Company to look at margin expansion, business turnaround
-Indian Hotels to spend Rs 495 crore on new projects in FY13
-Indian Hotels may list Ginger Hotels
Jet Airways
-In plans to raise up to USD 180 million this fiscal via sale & lease back of planes, loans
-In plans to sell, lease back 12 planes this fiscal
-Current total debt at USD 2.46 billion
-Plan to repay USD 400-500 million debt this fiscal
-'Could consider hiving off Jet privileges; not in a hurry'
Videocon plans to refinance around USD 3 billion of group debt via fresh debt: Reuters sources
-Videocon refinancing to cut interest cost, standardise loan terms
Future Capital Holdings (FCHL) board reviewed loans given to Deccan Chronicle (DCH) aggregating Rs 170 crore
-Biyani’s to take over FCHL's loan exposure to DCHL
-Biyani's sold Future Capital Holdings to Warburg Pincus in June
Commerce Minister says
-Will clarify on single brand retail FDI guidelines
-DIPP is working on the guidelines
Tulip Telecom to raise up to USD 100 million via FCCBs, issue opens on Tuesday
-FCCB conversion floor price to be Rs 101.08/share
M&M initiates work to develop a micro-SUV: Sources
-M&M's micro-SUV to be smallest SUV in India
-Rough draft of model shares with select list of vendors
-Possible Timeline for Micro-SUV launch end-2013
-Compact SUV to be rolled out by the end of fiscal
-M&M says 'no comments' on the story
Divestment Secretary says
-Hopeful of meeting Rs 30,000 crore divestment target
-Have circulated a large number of cabinet notes
-OFS system much more investment friendly, easier to manage
-Did ONGC OFS in 1 day, time not a constraint
-Background paper work is over, can divest in a short time
-PSUs are looking at the buyback option
RBI modifies some norms for micro-finance NBFCs
NBFC-MFIs
-Rate of interest on individual loans may exceed 26%
-Max variance of interest rates for individual loans cannot exceed 4%
-Difficult for MFIs with high borrowing costs if interest rate capped at 26%
-Cap on margins not to exceed 10% for large MFIs, 12% for others
Other stocks and sectors that are in news today:
-Cabinet okays spectrum reserve price of Rs 14,000 crore in 1800 mhz band -CCI approves JK Sugar 's merger with Dhampur Sugar Mills
-Oil Ministry to consider RIL 's investment plan for KG-D6 this week: PTI
- MTNL seeks govt help to increase revenues by Rs 10,000 crore: Mint
- Sona Koyo Steering Systems to ship Gurgaon lines to other plants: DNA
- Cipla plans to invest Rs 500 crore to setup API facilities by 2012-13: PTI
- RIL to share KG-D6 accounts with CAG under production sharing contract terms: ET
- DRL gets USFDA approval for blood pressure medicine Toprol-XL: FE
- SAIL adds 1.6MT coke making capacity at its Rourkela and Burnpur facilites at a cost of Rs 910 crore: FE
- RIL goes downstream with BP for aromatics: DNA
- GAIL , Vadodara Municipal Corporation to ink JV for natural gas: PTI
-TCI threatens to sue Coal India directors: DNA
-MCX-SX wins nod for currency options (Press Release)
- Kingfisher Airlines (KFA) tells unpaid staff - No money to pay salary: TOI
-NBFC-Micro lenders can charge above 26% interest on individual loans in specific cases, for operational flexibility: RBI
-Haryana CM rules out the possibility of Maruti relocating plant to another state: TOI
- Akzo Nobel to setup plant at Gwalior at Rs 250 crore: PTI
-IRDA set to raise LIC’s equity cap to 20% in a single firm: BS
-Reuters may buy a stake in NewsWire18: BS
-AAI refuses to allow the lessors to take back about half a dozen aircraft rented out to KFA: PTI
- Videocon Industries plans to bring gas extracted from the blocks in Mozambique and Brazil to gas starved India: Mint
-Oil companies on a sticky wicket in Venezuela as country mulls nationalization of Assets: TOI
- Apollo Hospital close to selling stake in BPO arms for about Rs 900 crore: TOI
-Avantha Group in talks with TPG to raise Rs 1250 crore through a structured deal linked to shares of Crompton Greaves : ET
-Irish group CRH set to buy 51% stake in Jaypee Cement’s Gujarat plants at an enterprise value of Rs 4200 crore: ET
-Trinamool Congress to oppose retail FDI: PTI
-July Auto Sales: M&M 2-wheeler sales at 10,051 units
UCO Bank Q1FY13 YoY
-Net profit at Rs 362.4 crore (Cr) versus (Vs) Rs 292.5 Cr
-NII at Rs 1,044.3 Cr Vs Rs 808.6 Cr
Godrej Consumer Q1FY13 YoY
-Cons net profit at Rs 130 cr Vs Rs 239 cr
-Cons net sales at Rs 1,388.6 cr Vs Rs 997.8
SKS Microfinance Q1FY13 YoY
-Net loss at Rs 38.8 Cr Vs Loss of Rs 218.7 Cr
-Total income from operations at Rs 74.5 Cr Vs Rs 160.6 Cr
BGR Energy Q1FY13 YoY
-Net Profit at Rs 33.6 Cr Vs Rs 50.2 Cr
-Income from operations at Rs 611 Cr Vs Rs 731.2 Cr
Peninsula Land Q1FY13 YoY
-Net profit at Rs 42 cr Vs Rs 50 cr
-Income from operations at Rs 133.3 cr Vs Rs 106 cr
Gujarat Alkalies Q1FY13 YoY
-Net profit at Rs 55.3 Cr Vs Rs 46.4 Cr
-Total income from operations at Rs 441 Cr Vs Rs 420 Cr
Network 18 Q1FY13 QoQ Consolidated
-Cons net loss at Rs 91.3 cr vs Rs 168.2 Cr
-Cons income from operations at Rs 489 cr vs Rs 659.5 Cr
TV18 Broadcast Q1FY13 Consolidated
-Net loss at Rs 23.45 cr vs Profit of Rs 21.12 Cr (YoY)
-Income from operations at Rs 346.89 cr Vs Rs 263.79 Cr (YoY)
-Net loss at Rs 23.45 cr vs loss of Rs 33.40 Cr (QoQ)
-Income from operations at Rs 346.89 cr Vs Rs 567.29 Cr (QoQ)
Moser Baer Q1FY13 YoY
-Income from operations at Rs 471.6 Cr vs Rs 545.40 Cr
-Net Loss as 121.9 Cr vs Net Loss Rs 92.2 Cr
(Note: Web18, which owns Moneycontrol.com and Indiaearnings.com, belongs to the Network 18 Group).
