Stocks in news: IndusInd Bank, REC, Punjab & Sind Bank

Excerpts from Bazaar on CNBC-TV18 Watch the full show »

Ban mining in Goa, Maharashtra – expert panel – TOI
Call for CRR cut gets louder as RBI fails to prop up liquidity – ET
Blackstone, Carlyle close to buying Rel Infratel – BS
IndusInd Bank to buy 3-5% stake in Aviva Life Insurance – BS
Power companies have cancelled Rs 6000 cr equipment orders in last few months – ET
Adhunik Metaliks in talks to sell forging biz to Amtek Auto– ET
GMR lead DAIL will have to wait longer for new user charges to be implemented – ET
REC to raise Rs 3000 cr via tax free bonds
Kirloskar Oil Engines buy back at max Rs 170/sh
Fame India rights issue closes on Feb 21
Arrow Coated Products rights issue opens on Feb 21
LIC to pick 5% in Punjab & Sind Bank
Rohit Ferro Tech board meet on Feb 20 to mull issue of pref shares at Rs 60/sh
Tata Metaliks approves Pref Issue of shares to the extent of Rs 100 cr
Allahabad Bank to mull share issue on preference basis to GOI on February 22
Stock in F&O ban includes ABG Shipyard, Alok Textiles and IFCI

Thomas Cook Q4
Net Profit at Rs 5 Cr versus Rs 1.5 Cr (YoY)
Revenue at Rs 87 Cr versus Rs 60 Cr (YoY)

Thomas Cook Says
Stake sale process has started
Buyer of Co will keep both biz forex & leisure together
Travel Biz is the main growth driver for profitability
Grown by 15% in revenues in Forex biz
Grown by 53% in revenues for holiday packages
Sale of Indian Biz not distress sale