Here are stocks that are in news today:
Results Today: ITC, Sun TV, PTC India Finance, Dhanlakshmi Bank, ENIL, Motherson Sumi, NIIT Tech, Onward Tech, Voltamp Trans, Bharat Bijlee
JM Financial
Vikram Pandit to make strategic investment
CNBC-TV18 Exclusive Sources say
Vikram Pandit & Hari Aiyar to get 1.5% in JM Financial
Pandit, Aiyar to get 1.5% in co post conversion of warrants
Pandit to raise, manage funds raised for lending, fin biz
Vikram Pandit not to have any stake in NBFC
Pandit, Aiyar may get up to 4.99% each in banking entity
CNBC-TV18 Alert: Non-resident stake in banking capped at 5% by RBI
To jointly set up distressed asset fund
Capitalisation of distressed asset fund to be USD 100 mn
To apply for banking licence
To nominate Pandit as Non-Executive Chairman of proposed bank
Pandit, Hari Aiyar to have right to buy stake as per RBI norms
Pandit to be Non-Executive Chairman of lending & financing biz
Sources Say
Warrants Issue At Rs 19.05 Per Warrant As Per SEBI Norm
Pandit, Aiyar, JM Fin To Jointly Raise Cap For Global Funds
Vikram Pandit Says
Continue To Believe In Long Term Growth Prospects Of India
Believe JM Fin Can Provide Bkg & Fin Svcs That India Needs
Govt Sources Say
Cabinet Okays SAIL, RINL Plan To Directly Charter Ships
Cabinet Defers Policy On Sale & Lease Of Govt Land
Fitch Revises Vedanta's Outlook To Stable; Affirms IDR At 'BB+'
Moody's Confirms Vedanta's Rating At BA1; Outlook Negative
National Green Tribunal:
Hearing On Sterlite Vs TNPCB To Resume On May 22
Directs TNPCB To Reply By Monday On Sterlite’s Argument
April Cement Data:
JK Lakshmi Cement
Total Despatches At 3.95 Lakh Tonne
Total Production At 4.05 Lakh Tonne
ICICI Bank receives cap repatriation of USD 73.6 mn from Canadian subsidiary
CNBC-TV18 Alert: ICICI Bank Had Earlier Received Cap Repatriation Worth USD 98.2 m
Other stocks and sectors in the news
State Bank of Mysore IPP issue of 12.4 lakh shares likely next week
EGoM on gas likely to be held on May 28: Sources
Cadila Healthcare gets US FDA approval for Zolmitriptan
HT Media’s Rs 25 cr share buyback offer opens on June 3; to close on May 13, 2014
Mahindra Satyam Q4
Cons Net Profit At Rs 454 Vs Rs 80 Cr (QoQ)
Cons Revenue At Rs 1,936 Cr Vs Rs 1,939 Cr (QoQ)
Cons EBITDA At Rs 389 Cr Vs Rs 418 Cr (QoQ)
Cons EBITDA Margin At 20.1% Vs 21.6% (QoQ)
Exceptional Gain Of Rs 134 Cr
Extraordinary Items At Rs 130 Cr
Volume Growth Of 2% In Q4
Kalpataru Power Q4
Cons Net Profit At Rs 129.5 Cr Vs Rs 168.6 Cr (YoY)
Cons Total Income At Rs 8,086 Cr Vs Rs 6,302 Cr (YoY)
Mangalore Chem Q4
Net Profit At Rs 17 Cr Vs Rs 21.5 Cr (YoY)
Net Sales At Rs 650 Cr Vs Rs 1,015 Cr (YoY)
V-Mart Retail Q4
Net profit at Rs 1.1 cr Vs Rs 1.2 cr (YoY)
Net sales at Rs 95 cr Vs Rs 72.4 cr (YoY)
State Bank OF Hyderabad Q4
Net profit at Rs 3.8 cr Vs Rs 4.8 cr (YoY)
NII at Rs 10 cr Vs Rs 10.5 cr (YoY)
Bajaj Holdings Q4
Cons Net Profit At Rs 664 Cr Vs Rs 629 Cr (YoY)
Cons Net Sales At Rs 81.2 Cr Vs Rs 64 Cr (YoY)
Gujarat Alkalies Q4
Net Profit At Rs 81 Cr Vs Rs 44.2 Cr (YoY)
Net Sales At Rs 459.5 Cr Vs Rs 422 Cr (YoY)
Hinduja Ventures Q4
Cons Net Profit At Rs 5 Cr Vs Rs 21 Cr (YoY)
Cons Net Sales At Rs 164 Cr Vs Rs 106.6 Cr (YoY)
Tara Jewels Q4
Cons Net Profit At Rs 16.4 Cr Vs Rs 11.2 Cr (YoY)
Cons Net Sales At Rs 467.4 Cr Vs Rs 435.2 Cr (YoY)