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
Also Read
Cues that will move market today
Bull's eye: Buy IFCI, DCB, KPIT Cummins, short SAIL
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
