Here are stocks that are in news today:
Nifty 50 re-balancing effective today
-Inclusions: Lupin , Ultratech Cement
-Exclusions: SAIL , Sterlite Industries
Lanco Infratech
-To sell stake in power, real estate business
-To completely exit BOT (build-own-transfer) road projects
-To raise USD 1 billion from equity dilution and sale of non core assets: ET
Group of ministers (GoM) on pharma pricing concludes
Sharad Pawar says
-Have finalised decision on pharma pricing
-Will send recommendations to cabinet
GoM sets policy on pricing 348 essential drugs: reports
Ministry of state (MoS) for chemicals & fertilizers, Srikant Jena says
-WAP (weighted average price) of brands which have at least or more than 1 percent market share will be taken
-WAP will determine the ceiling of maximum retail price (MRP) segment
Sharad Pawar says
-GoM defers decision on land acquisition bill
-Next GoM meet on land bill after October 4
NSE, BSE seek Kingfisher Airlines ' (KFA) clarification on stake sale
-UB group chairman Vijay Mallaya said company in talks to sell stake
KFA lenders meet: Bankers say
-KFA did not come up with any new ideas for revival
-To meet in third week of October
-Mallya informed he is talking to investors in India, abroad
-Investors are likely to be PE players & not airlines
Change in circuit filter
- United Breweries Holdings : 10 %
- KFA : 5 %
Coal blocks probe
-CBI registers preliminary enquiry in blocks allocation from 1993 onwards
-CBI starts probe against unknown officials and 24 firms
-Probe led by irregularities in coal block allocation between 1993 and 2004
Coal Minister
-Welcome Supreme Court's opinion on natural resource allocation
-Govt to decide on methods for allocation of coal resource
-Do not want to comment on specific institution
-Any policy change will happen only after deliberations
Other stocks and sectors that are in news today:
-Diageo deal may speed up as ICRA downgraded United Spirits (USL) to junk: ET
-Interest, penalty on retro tax my go, central board of direct taxes (CBDT) proposal (paves way for Vodafone issue)
- Power Grid okays investment plans worth Rs 1328 crore
-I-T defends retrospective tax in Mcleod Russel case: ET
- S Kumars Nationwide defers AGM as lenders delay nod for dividend payment: ET
- LIC Housing Finance plans to raise USD 250-270 million via share sale: Agencies
-Dubai carrier Emirates is believed to have signalled an early interest to acquire stake in KFA : TOI
- JBF Industries , Coca Cola in pact to set up bio-glycol production unit in Brazil
-Govt seeks to allot at least 16 coalfields by December to state-owned companies: Mint
-All AC train fares, freight tariff and cost of food at railway stations will go up from October 1 with service tax on them: FE
-Taj Mansingh lease extended by 1-year, big reprieve for Indian Hotels
- Gujarat NRE Coke board meets to consider proposal of amalgamation of Bharat NRE Coke with company