Here are stocks that are in news today:
Ban on mining in Goa for review
-All 90 mines in Goa to stop work till review is done ( Sesa Goa in focus)
-Move post government implemented Shah Commission recommendations
Vedanta: Sources
-Company proposes new valuation for Hindustan Zinc (HZL) and BALCO
-Company proposes fair market valuation by two methods
-Fair market value by independent valuer using discounted cash flow and fair market value
-Company commits to accept higher of two valuations
-Company offers to drop pending litigation on HZL and BALCO
-Company suggests valuation be part of cabinet committee on economic affairs (CCEA) decision
-Company commits to buy government's stake within 30 days of CCEA nod
-Company proposal sent to mines ministry late last month
Govt issues notification for imposing import duty on power equipment: Awaaz exclusive sources
-Govt to impose 22.85% import duty on power equipment
-Govt likely to exclude 113 plants from paying import duty;
-Most of the plants are of NTPC
Max India
-To sell Max Speciality Films unit to German company Treofan for Rs 540 crore
-To spin off Max Speciality Films unit into separate company
Infosys BPO arm McCamish acquires US-based Marsh BPO: CNBC-TV18 exclusive
Infosys BPO CEO says
-Acquisition to strengthen company's foothold in insurance space
-Acquisition to add USD 10-12 million annual revenue to company's kitty
-Expect company's growth to be around 15-18% in FY13
-Plans for organic growth in place
Ex-Rights
- Network 18 Media : 307:50
- EIH Associated Hotels : 5:9
MCX-SX MD says
-Targeting equity exchange launch around Diwali
-Trading hours to be in line with those of BSE, NSE
-To look at alliances with regional exchanges
-To start with trading platform, mull listing companies later
Other stocks and sectors that are in news today:
-Law Ministry advises granting mining licences on existing norms: PTI
- IRB Infrastructure receives service tax demand notice of Rs 60.46 crore from I-T Department
-CBI to probe Nalco lime purchase scam: Indian Express
- Fulford India revises its open offer price from Rs 830 to Rs 1000/share
- Opto Circuits receives Drug Controller General of India (DCGI) nod for heart devices: PTI
- Karnataka Bank schedules board meet on September 14 to consider a rights issue
-Cement companies cut prices buy 5% from Rs 340 to Rs 325: ET
-Anand Mahindra considering merger of IT businesses under Mahindra Satyam and Tech Mahindra : TOI
-Sweden’s H&M in talks with Arvind and RIL for retail foray into India: BS
-Venture Capitalist Srini Raju is willing to invest in Deccan Chronicle Holdings at "right price": Mint
-SC to deliver verdict of media guidelines today
