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Stocks in news: NMDC, Kirloskar Oil, Tata Steel, Infy, BHEL
NMDC | Kirloskar Oil | Tata Steel | MSP Steel | Central Bank of India | Triveni Engineering | Infosys | Ranbaxy and BHEL are stocks, which are in the news today.
Results Today - BHEL, NTPC, Bank of India, NHPC, Canara Bank, Petronet LNG, Pfizer, BEL, GSFC, Redington, Tata Sponge, Gujurat Alkalies, Inox, Karur Vyasa, Lanco Inds, Sundaram Finance, Blue Star, Micro Tech, Aksh Optifibre, Astra Micro, Atul, Hitachi Home, Jyoti Structures, MSP Steel, Ponni Sugar, Rane Madras, Shanti Gears, Venus Remedies, Wyeth
Ranbaxyannounces court filing of consent decree with US FDA -Ranbaxy agrees to make broad changes at its plants in US & India as part of a US govt probe -US FDA says Ranbaxy had 'numerous problems' at its facilities in US & India -Ranbaxy to hire expert to conduct thorough internal review & audit past drug applications -Ranbaxy to also hire outside auditor for future applications
Infosys - SEC filing -Employees come under scanner of US attorney office -Grand Jury probe gets extended to US attorney investigation -Company asked to submit some document records by Grand Jury Subpoena -US attorney asked for documents, H1B visa details -Company subject to other legal proceedings and claims -Legal actions when concluded will not adverse impact on operations
Infosys to CNBC-TV18 -Co-operating with authorities in context to investigation
Finance Ministry sources -ONGC FPO likely in last 10 days of March -BHEL issue also likely in FY12 -Govt not hopeful of any further action on divestment -Rs 40,000 crore divestment target for FY12 not possible -Govt borrowing assumes only Rs 10,000 crore from divestment -Considering all options on Vodafone tax ruling by SC -Options includes amendments retrospective and prospective
Raymond Bickson ( Indian Hotel ) says -9 months operations impacted due to downturn in domestic economy -14 new hotels to come up in 2012-13 -Have formal extension of lease in place for Taj Mansingh
Finance Ministry sources -GAAR likely to be introduced in budget 2013 -Standing committee likely to give DTC report in budget session -DTC bill may be discussed in monsoon session of parliament -FY12 direct tax collection target may be missed by Rs 30,000 crore
Other stocks and sectors that are in news today: -YC Deveshwar at Davos: Will buy more shares of EIH -NMDC gets gold mining lease in Tanzania - BS -Kirloskar Oil board approves buy back at maximum Rs 170/sh -Finland's Amer Sports terminates agreement with Pantaloon as exclusive distributors - FE -Tata Steel proposes recovery plan for tubes business in Europe -MSP Steel & Power board meeting today to consider issue preferential shares to promoters/non-promoters -Central Bank of India board meet in January 31st to consider issue of preferential shares to govt on India -Triveni Engineering to make additional provision of Rs 79 crore this year post the SC judgment of SAP for season 06-07
