Stocks in news: GAIL, Colgate, Bharati Ship, M&M, Piramal

Published on Mon, Nov 28, 2011 at 08:33 |  Source : CNBC-TV18

Updated at Mon, Nov 28, 2011 at 09:52  

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Stocks in news: GAIL, Colgate, Bharati Ship, M&M, Piramal

Here are stocks that are in news today:

GAIL to replace Jaiprakash Associates in Sensex from January 9
- NALCO , Tata Communications to be excluded from BSE-100 Index from January 9
- Colgate , Hindustan Zinc to be included in BSE-100 Index from January 9

FDI in retail
MM Joshi says
-BJP will oppose FDI in retail clearance
-Will bring adjournment motion against move if required
-Many states slam FDI, no FDI in 25 out of 53 cities?

RIL AXA break-up
AXA, Bharti, RIL, RIIL terminate negotiations
Sources Say
-AXA had negative board rights in Bharti-AXA JV
-Rights included veto rights on operational say of JV
-AXA unwilling to dilute those rights in the JV
-RIL sought equal say in operation & governance of JV
-Bharti conceded these rights to AXA as part of JV agreement

FIPB rejects Bharati Shipyard 's FDI proposal for defence operations
FIPB
-Sends Unitech Wireless FDI proposal to cabinet panel
-Okays NDTV proposal for up to 100% foreign equity
-Oks Dish TV plan to up telecom equipment operations' foreign equity

Aviation Ministry sources
- Kingfisher Airlines halts ATF buys from PSU companies
-Kingfisher owes PSU companies Rs 540 crore for ATF
-Regulator holding financial audit of Kingfisher Airlines
-Kingfisher Airlines grounded 12 of 27 turboprop plane
-Kingfisher Airlines buying jet fuel from RIL

Other stocks and sectors that are in news today:
-Petrol prices may fall by Re 1/litre this week - BS
- M&M to mull new merger plan of arm's automotive operations on Tuesday
- Piramal Healthcare gets HC nod for scheme of arrangement for demerger of NCE research unit of Piramal Life Sciences into Piramal Healthcare Ltd.
-Kanimozhi Bail hearing to continue on Monday
-Govt okays 18 FDI proposals worth Rs 2,126 crore
-Finance Ministry says PPF investment limit to go up to Rs 1 lakh from this fiscal

  

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