Here are stocks that are in news today:
Godrej Properties IPP
74.75 Lakh shares fully subscribed
Subscribed 1.17x at 86.96 Lakh shares
RBI Says
Liquidity will remain tight till inflation is very low
To intervene in forex market only to avoid excess volatility
CAG Sources Say
Final CAG report on coal block allocation in a month
Contrary to impression, final CAG report may quantify loss
CAG's 3-page letter blames leak on coal ministry
CAG seeks investigation of leakage of draft report
Draft report was shared with coal min officials
Distraught that no action taken on earlier leaks
Wrong to assume that CAG going back/changing stance
Since report not final yet, loss quantification can change
No question of disowning CAG findings or draft
Have sought that speaker & law minister investigate leaks
CNBC-TV18 Exclusive - Coal Minister
No scam in award of blocks, only politics being played
During NDA regime 40 coal blocks were allocated
Coal rates, situation & needs were different before 2009
Could not pass on burden of coal on to consumers
Power, cement, steel developments were on stake
Value of coal risen, no option but auction of blocks
Allocation via auction will ensure upfront payment
Will ensure timely extraction from blocks allotted
26 of 195 coal blocks have been de-allocated
Coal min has issued show cause notice for 58 blocks
Preparing list of 54 blocks for next round of allocation
Auction of 54 coal blocks may take 3-4 months
54 coal blocks are not in 'no-go' area
CNBC-TV18 Exclusive - Ajit Singh Says
KFA has to stick to flight schedule and take care of financial dues
Still looking at KFA's financial viability
If KFA's license cancelled, will be based on DGCA report
Government would like all airlines to continue in business
KFA shutting down will impact jobs, passengers
As long as KFA has 5 aircraft, license cannot be cancelled
'It is Vijay Mallya's call if he wants to remain in biz'
FDI proposal has been sent to commerce ministry
Hope FDI in aviation will be cleared by cabinet soon
Cabinet:
May consider the proposal to wind up Specified Undertaking of the Unit Trust of India (SUUTI)
May consider a sovereign fund to cover NPA in low cost housing
Aban Offshore shareholders okays 3-yr extension of preference share redemption, coupon rates hikes to 10%
Tata Motors Says
JLR launches 500 m Pound senior notes offering
Other stocks and sectors in the news
Hindalco allots 15 crore warrants to 3 promoter group co
Parsvnath to raise Rs 120 cr from Kotak Realty fund - ET
Unitech seeks $150m to exit telecom JV - ET (*CLB to hear unitech-telenor case on stake sale today)
Govt raises interest rate on general PF to 8.6% - ET
Dolphin Offshore receives contract from ONGC worth Rs 270 crore
Tilaknagar Industries acquires 100% stake in Mykingdom Ventures
Thermax acquires Virgo Valves & Controls Ltd & its German subsidiary Rifox for Rs 13.4 crore
Securities in F&O Ban – ABG Shipyard, Aban Offshore & Alok Textiles
