Here are stocks that are in news today:
Digitisation deadline may be extended by at least 3-4 months: Sources
-Information and Broadcasting (I&B) ministry expected to make an announcement early next week
-New I&B notification may extend deadline to October 28
SBI to reduce lending rates to exporters soon - PTI
SBI says
-RBI may cut policy rates in FY13 to boost growth
-See Company's loan growth at 16%, deposit growth at 20%
Mines Ministry to EGoM
-To dilute government's stake in Hindustan Zinc (HZL), Balco to Sterlite Industries soon - PTI
-Alert Government holds 29.54% stake in HZL and 49% in Balco
Fitch
-Downgrades NHPC to negative from stable
-Affirms NHPC long term foreign & local currency rating at 'BBB-'
Karnataka HC: PTI
-Reserves order in illegal mining case for Thursday
-Defers BS Yeddyurappa's anticipatory bail plea to Thursday
Other stocks and sectors that are in news today:
-Government likely to impose a 21% duty on imported power equipment: (ET) (5% basic, 12% countervailing, 4% special additional duty)
- L&T , Tata and HCL in race for Rs 10,000 crore defence deal, they will compete against Bharat Electronics : (BS)
- Allcargo Logistics approves buyback at maximum Rs 142.5/share
- Akzo Nobel India defers buy back buy to July 2
- Godrej to launch fifth phase of GGC township at Ahmedabad worth Rs 396-540 crore: PTI
- GAIL wants US to relax norms for more LNG imports: PTI
-Power producers oppose terms of fuel supply agreements with Coal India : (BS)
-Government has asked REC and PFC to provide loans to state electricity board reducing the burden on banks: (FE)
- Kansai Nerolac Paints to acquire 68% stake in Nepalese paint major
- Merck is in talks to buy Micro Labs, no other details disclosed: (FE)
