Moody's downgrades long-term & short-term ratings of ICICI Bank UK -Cuts ICICI Bank's long-term debt rating to BAA3 from BAA2 -Moody’s says ICICI Bank move follows parent downgrade
SEBI passes consent order in Educomp Solutions case -Disposes case against Educomp on Rs 1 lakh consent fee -SEBI probing insider trading norm violation by Educomp
Government sources say -Expect 170 coal blocks to be allocated in upcoming round -116 blocks earmarked for Coal India-Coal India to pay reserve price for new blocks -54 blocks identified for government dispensation, auction, tariff -Final list of coal blocks to be approved by coal min soon
JK Lakshmi Q4FY12 YoY -Net profit at Rs 30 crore versus Rs 32 crore -Net sales at Rs 526 crore versus Rs 412 crore
Bajaj Finserv Q4FY12 YoY consolidated -Net profit at Rs 881 crore versus Rs 873 crore -Income from operations at Rs 1,751 crore versus Rs 1,317 crore
Other stocks and sectors that are in news today: -HDIL to cut debt by 25-30%, looking to sell 2 land parcel to raise Rs 500 crore ET -IL&FS Engineering bags Rs 234 crore contract from RVNL -HC asks JP Power to follow PPA with PTC ET -CESC in pact with Indiabulls to buy two hydro electric projects -GMR Infrastructure raises Rs 200 crore via NCDs issued to ICICI bank -Bajaj Finance to raise up to Rs 750 crore -Insecticides India to market Japan co's product HAKAMA in India -Government keeps FY13 indicative limit on overseas borrowing at USD 30 billion
