Jul 12, 2011, 11.24 AM IST

Stocks in news: Infosys, SpiceJet, Essar Oil, Madras Cem

Infosys | JSPL | GVK Power | SpiceJet | Essar Oil | Karuturi Global | Chowgule Steamships | BPCL | Madras Cements | Arvind | BF Utilities | Gitanjali Gems | JSW Energy and Geojit BNP are stocks, which are in the news today.

Source: CNBC-TV18
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Stocks in news: Infosys, SpiceJet, Essar Oil, Madras Cem
Here are stocks that are in news today:


Results today: Infosys , Geojit BNP Paribas , Maharashtra Scooters , UCAL Fuel , Magma Fincorp , Koutons Retail India , Sagar Cements Cabinet reshuffle is likely today evening


Bank base rates
- HDFC Bank hikes base rate, prime lending rates by 25 bps
- Union Bank of India hikes base rate by 25 bps to 10.25%
- Oriental Bank ups BPLR, base rate by 25 bps effective today


New in F&O
-NSE adds 8 new securities to F&O list, to declare date of introduction later
- Arvind , BF Utilities , Gitanjali Gems , JSW Energy , Jubilant Foodworks , South Indian Bank , TTK Prestige , VIP added to F&O


FDI in retail: Exclusive sources
-Planning committee supports 51% FDI in multi-brand retail
-Department of consumer affairs wants only 49% FDI
-Finance Ministry will share views on multi-brand FDI at CoS meet


EGoM: Exclusive Finance Ministry sources
-EGoM on Tuesday to discuss cap on subsidised LPG cylinder
-Panel had proposed capping subsidised cylinders at 4


Other stocks and sectors that are in news today:
- Essar Oil owes USD 2 billion to Iran for oil imports since late December when RBI ended long standing payments mechanisms for refiners (Mint)
- Madras Cements in talks with Lafarge & holcim to divest its cement grinding unit in West Bengal for roughly Rs 350 crore (TOI)
- BPCL lines up investment of Rs 50,000 crore to expand its capacities in refining, retail & upstream projects (TOI)
-F&O Ban: Kingfisher Airlines
- Karuturi Global board meet today to decide opening date of GDR issue
- Chowgule Steamships revokes 29 lakh shares of promoters representing 7.99% equity
- Essar Oil bets big on coal bed methane gas, looking for aggressive acquisitions both in domestic & local arena (ET)
- SpiceJet to delay its regional routes as company waits for the RBI nod for USD 250 million funding to buy Bombardier Q400 – ET
- SBI holds on to its plan to acquire a stake in Tata Motors finance following objections raised by RBI – BS
-5 firms including JSPL , GVK Power may lose coal blocks if the production process doesn’t go underway - FE


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Infosys Geojit BNP Mah Scooters UCAL Fuel Magma Fincorp Koutons Retail Sagar Cement HDFC Bank Union Bank Oriental Bank Arvind BF Utilities Gitanjali Gems JSW Energy Jubilant Food South Ind Bk TTK Prestige VIP Industries Essar Oil Madras Cements BPCL Kingfisher Air Karuturi Global Chowgule Steam SpiceJet SBI Tata Motors Jindal Steel GVK Power
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