Jan 14, 2013, 09.20 AM | Source: CNBC-TV18

Stocks in news: Karma Ind, DCHL, Arshiya, Geojit, Alok

Karma Industries | Kingfisher | Deccan Chronicle | Arshiya International | Hindustan National Glass | Inox Leisure | Alok Industries | Geojit BNP | Jaiprakash Power and TCS are stocks, which are in the news today.

Here are stocks that are in news today:

Results Today: TCS, Muthoot Finance, Vakrangee Software, Maharashtra Scooters, Electrosteel Casting

Govt sources say (NW18) - Oil India divestment planned in January

Finance Ministry sources say:
- NTPC , NALCO divestment issues in February
- MMTC , SAIL , RCF divestments likely in March
-Holding company for PSB equity infusion to be set up by June
-Holding company proposal to be taken up by cabinet soon

Wage settlement meeting at Hero Motocorp ends in deadlock: Sources
- Hero Motocorp offers Gurgaon staff similar terms as Daruhera's
-Gurgaon staff rejects settlement terms as being too low
Alert: Daruhera workers got Rs 6,500/month hike in 2011
-Gurgaon workers demand wage hike in line with Honda's
Alert: HMSI offered workers a hike of Rs 14,700 per month
Alert: Maruti workers got hike of around Rs 18,000/month on average
-Hero MotoCorp in talks with workers on wage hike; too early to comment

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Jaiprakash Power Q3FY13 YoY
-Revenues up 8% at Rs 427 crore versus Rs 397 crore
-EBITDA down 25% at Rs 268 crore versus Rs 357 crore
-Operating profit margin down 2,730 basis points at 62.7 percent versus 90 percent
-Loss of Rs 98 crore versus PAT of Rs 60 crore

Geojit BNP Paribas Q3
-Net profit at Rs 13 crore versus Rs 4.3 crore (YoY)
-Total income from opeartions at Rs 62.3 crore versus Rs 51.3 crore (YoY)

Oriental Bank CMD says
-See Rs 55 crore recovery from Kingfisher by January 31
-See April-December NIM at 2.82%    
-To recast loans worth Rs 2500 crore January-March
-April-December loan growth 11.79 percent, deposits 7.52 percent

Alok Industries to sell Czech subsidiary, Mileta: DNA
-Mileta had sales of EUR 18.5 million in 2011-12

Other stocks and sectors that are in news today:
-Qatar Airways eyes stake in India carrier: Agencies
- Kingfisher Airlines (KFA) lenders meet on January 18 to decide ways to recover dues
-Lenders craft Satyam like rescue for Deccan Chronicle holdings (DCHL): DNA
- Arshiya founders to monetize promoter assets, raise Rs 130 crore to revoke pledge share and invest in company to tide over financial woes: ET
-India-Mauritius trade pact out on hold, talks not to resume till revision of double-tax avoidance agreement expedites: BS 
-Nagarjuna Fertilisers to invest Rs 4,500 crore in setting-up urea plant in Andhra Pradesh
- Crompton Greaves to acquire division of Karma Industries for Rs 14.5 crore
- Axis Bank cuts deposit rates by 25bps: DNA
-Turkish firm Trakya Cam Sanayii buys 42% stake in Hindusthan National Glass arm: DNA
- Inox Leisure said to be in talks to buy out Essel Group’s multiplex business: BS
-GST unlikely to roll out before 2015: TOI
-Food Security Bill cleared by Standing Committee
-SEBI may soften offer for sale norms

CNBC-TV18 Exclusive: House Panel on Finance
-Clears National Housing Bank (Amendment) Bill, 2012
-Bill enables transfer of RBI equity in NHB to centre
-Clears SIDBI (Amendment) Bill, 2012
-Bill enables SIDBI to provide venture capital etc

Set email alert for
SAIL Rashtriya Chem MMTC Ltd
Hero Motocorp Jaiprakash Pow Geojit BNP
Oriental Bank Alok Industries Kingfisher Air
Mahindra Satyam DeccanChronicle Arshiya
Crompton Greave Karma Ind Axis Bank
INOX Leisure Hind Nat Glass


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