Here are stocks that are in news today:
Stockbroker Ketan Parekh in major stock market scam, reveals Intelligence Bureau (IB) report - India Today (Company mentioned Dewan Housing , Goenka Diamond , Orchid Chemical , IVRCL , Pantaloon , TBZ and GMR Infra )
Indraprastha Gas (IGL)
-Ups CNG price in Delhi by Rs. 2.90/kg
-Ups CNG price Rs. 3.30/kg in Noida, Ghaziabad
Government Sources Say
-India rejects Mauritius request for GAAR exemption
-Cannot give any exceptions as sought by Mauritius
-Exceptions not appropriate, not as per international practices
-Mauritius proposed an amendment to tax treaty
-Amendment that firms with TRC (Tax Residence Certificate) not subject to GAAR
-Applicability deferred for time being
Chairman Anil Agarwal says
-Government going slow on divestment process
-Request government to consider Hindustan Zinc (HZL), Balco residual stake sale
-Government yet to respond to Rs 17,000 crore offer for HZL, Balco
-Cairn fields' production ramped up from 1.25 lakh to 1.75 lakh bpd
-Plans to increase production to 2.25 lakh bpd going ahead
-Working on 5 lakh bpd from Rawa & Cambay fields in Rajasthan
-At the time of acquiring HZL & Balco, were assured of 100% disinvestment in 3 tranche
MCA inspection finds no account faults at DLF
-MCA’s regional director reports only two 'technical faults'
Stocks going ex dividend
- Piramal Healthcare : Rs 17.5/share
- Shalimar Paints : Rs 10/share
Other stocks and sectors that are in news today:
- JSW Steel says denies reports of company understated debt by Rs 11900 crore in FY12 misleading
-Five US based retailers have sued Ranbaxy and Pfizer for Lipitor generic delay: FE
- Coal India looks to take over IOC’s explosives arm to meet input needs: ET
-Subash Menon, founder and promoter of Subex to step down as chairman, will continue as MD
-Sikkim Govt formally cancels NCC ’s Rs 2500 crore proposed hydel power project: DNA
- Cairn India to invest USD 6 billion to pump more crude in two years, also seeks contract extension for the Rajasthan block: ET
-TVS in talks with BMW to source technological know-how for high-end motorcycles: Mint
- Engineers India bags Rs 720 crore BPCL contract: PTI
-BJP may support hike in FDI in insurance
-Ex bonus: Orbit Exports 1:2
-Government okay’s 4,476 tonne raw sugar export to US under tariff rate quota
PMO pushes to coal production; 12 projects to get green nod: PTI
-Expects Environment Ministry clearances in 3-4 months
Spectrum EGoM likely to be held today: Sources
-P Chidambaram now heads spectrum EGoM
-ISPAI (Internet Service Providers Association of India) drags DoT to TDSAT on License fee issue
-Questions DoT decision to impose fee on internet service
-10 service providers also party to ISPAI Petition
-10 service providers include Hathway, Spectranet, Ortel
-DoT moves cabinet on VSNL surplus land sale
SC provides interim relief to Satyam’s former PWC auditors against SEBI probe in Satyam scam
-SC gives 6 weeks to SEBI to respond to the special leave petition filed by two auditors
-SC allows petitioners to file additional documents in the same period
Government says
-To Amend Cable Television Network Rule, 1995
-Cable companies to furnish set top box data under new rules
