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Stocks in news: GAIL, Colgate, Bharati Ship, M&M, Piramal
GAIL | Colgate | Hindustan Zinc | JP Associates | RIL | Bharati Shipyard | Unitech | NDTV | Dish TV | M&M and Piramal Healthcare are stocks, which are in the news today.
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