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Stocks in news: GMR Infra, MphasiS, Pantaloon, Trent

GMR Infra | Reliance Industries | Indian Hotels | Jet Airways | MphasiS and Pantaloon Retail are stocks, which are in the news today.

December 06, 2012 / 09:43 IST
     
     
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    Here are stocks that are in news today:


    FDI in retail cleared in Lok Sabha
    -UPA gets 253 votes in favor of FDI (Pantaloon Retail, Trent, Provogue in focus)
    -UPA wins vote on FEMA amendments; gets 254 votes
    -SP, BSP walk out of Lok Sabha ahead of vote
    -Battleground now shifts to Rajya Sabha, voting expected on Friday
    (Also Read - FDI in multi-brand retail to push growth: Goldman Sachs)


    Investment clearance body on Cabinet agenda today
    Sources say
    -Cabinet to consider formation of Cabinet committee on investment
    -Cabinet to consider extension of paddy and rice export ban
    -Cabinet to review security clearances for PPP (Public Private Partnership) projects in port sector
    -Cabinet to simplify award process of road projects


    MphasiS Q4 (QoQ)
    -Consolidated net profit at Rs 209.3 crore versus Rs 208.7 crore
    -Net sales at Rs 1306 crore versus Rs 1355 crore
    -MphasiS to pay Rs 17/share final dividend


    HDFC CEO Keki Mistry says
    -Outlook for home loan growth remains robust
    -Expect RBI to cut Repo rate by 50 bps by March
    -HDFC to lower lending rate post RBI rate
    -Do not see any big drop in Mumbai property prices
    -HDFC has not stopped lending to property projects


    Also Read
    Market on a roll; Nifty may hit previous high soon: Experts
    Bull's Eye: Buy Pantaloon, Indiabulls Real, SpiceJet

    Govt wins retail FDI vote: Will D-Street party today?
     
    JSW Steel mulling 3-4 percent hike in product prices: Newswire18
    JSW Steel CFO says
    -Achieved over 50 percent of FY13 output aim in April-September
    -Hope to achieve FY13 output target of 8.5 mt
    -Weak rupee, high costs point to hike in prices


    Jet Airways
    -Inducts 5 new ATR 72-600 aircraft
    -To deploy new ATR 72-600 aircraft on regional routes

    Other stocks and sectors that are in news today:
    -Listing Today - Tara Jewels, issue price at Rs 230 per share
    -Cabinet Committee on Economic Affairs (CCEA) expected to approve new urea investment policy today
    -Indian Hotels working on a revised offer to acquire Orient Express: TOI
    -M&M appears to have pulled out of the race for Aston Martin: TOI
    -Gazprom in talks with IOC for Ennore LNG terminal stake: Mint
    -US Ex-Im Bank to extend USD 2.1 billion Credit to Reliance Industries (RIL)
    -RIL sells stake in Yemen to PT Medco Energi of Indonesia for USD 90 million -GMR transferring equipment to another island: Maldives Government - FE

    first published: Dec 6, 2012 08:01 am

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