Here are stocks that are in news today:
All FDI decisions taken last week notified
-51% FDI allowed in multi-brand retail
-49% FDI allowed in Airlines
-FDI in broadcast raised to 74% from 49%
-49% FDI allowed in power exchanges
-(Big move on a day when opposition, Samajwadi Party called national wide bandh to protest FDI)
*Trinamool Congress (TMC) ministers to tender resignation today
-Prime Minister likely to address the nation today
More reforms on cards? (media reports)
-Government to consider FDI in insurance next Tuesday
-To prune below poverty line (BPL) sugar subsidy by at least Rs 3/kg
-Differences on land acquisition bill to be ironed out
-Cabinet and CCEA (cabinet committe on economic affairs) meet postponed to Tuesday
Maruti : Sources
-Company to start second shift at Manesar from September 24
-Company targeting full production by mid-October
-Company to hire additional 1,000 workers in October
-New recruitments to be done from ITIs
-Manesar plant producing 900-940 units per day
Change in circuit filter
- Atlanta : 10%
- Man Industries : 10%
Bihar government reduces VAT on diesel by 2% w.e.f midnight: PTI
-Diesel to be cheaper by 85 paise in Bihar
Government says
-Pharma group of ministers (GoM) to firm up drug pricing decisions in 8-10 days
-Pharma GoM to study other nations' drug price laws
GoM on pharma: Sources
-Agrees on limiting price control to only National List of Essential Medicines drugs
Other stocks and sectors that are in news today:
- M&M Financial approves 12.37% stake sale in Insurance arm to Leapfrog for Rs 64.33 crore
- Amtek India raises USD 70 million through foreign currency convertible bonds (FCCBs)
- Vakrangee Software 's arm gets Rs 1258 crore order from Bank of Baroda
- Hotel Leela board approves allotment of 3.08 crore shares on a preferential basis at Rs 32.44/share (CMP Rs 28.50)
- Essar Ports re-finances its Rs 405 crore debt through IIFCL
-STCI finance ups stake in Tulip Telecom by 2.5% to 18.15%
- KEI Industries board to consider preferential allotment to promoters at Rs18/share (CMP - Rs 15.95)
- Reliance Communications will raise calling rates by 25% from Friday: ET
- HPCL eyes stake in overseas oil blocks in Africa and Kazakhstan: FE
-Adani Group, global port firms and PE firms are in race for Dhamra Port (equal JV between L&T and Tata Steel ): ET
- Jindal Stainless gets nod for Rs 9,000 crore debt recast: ET
- Sunshield Chemicals open offer at Rs 51/share (CMP Rs 47.8)
- ONGC mulls merging ONGC Videsh (OVL) with itself: FE
- Bajaj Finserv rights issue opens today, closes October 8: FE
-Comptroller and Auditor General (CAG) to brief public accounts committee (PAC) on coal issue today: PTI
- Wockhardt says winding up petition filed by bond holders in Bombay HC withdrawn
-Government has lowered the customs duty on gold bars, gold coins having gold content not below 99.5% and gold findings to 4% from 10%: PTI
