Stocks in news: Novartis, Pipavav, Satyam, DLF, NTPC, REC

Nifty BSE | NSE 10/02/12 Are Mutual Funds betting on Nifty?

Here are stocks that are in news today:

Results today: Exide, Dhampur Sugar, Bihar tubes, Geojit BNP

Bajaj Hindusthan Q1:
-Standalone net sales at Rs 615.4 crore versus Rs 359.95 crore
-Net profit at Rs 85.2 crore versus net loss of Rs 55.9 crore
Bajaj Hind says: from NW18
-See retail sugar prices at Rs 50/kg in June-September
-See cane price rising up to Rs 300
-Not in talks to buy Balrampur Chini
-Doing technical due diligence of 2 South African coal mines

Divestment update:
-NTPC to file DRHP on January 11; NTPC FPO to hit markets in 2nd week of February
-REC to hit markets just before budget, issue between February 19-23
-NMDC to hit markets around March 9-12 and file DRHP on January 25

Maytas Infra: Sources
-Company received Rs 800 crore highway order from IL&FS Transport
-Company plans to concentrate on oil, gas, pipeline projects
-Company to present CDR proposal next week; SBI Caps Advisor
-Company has time till June to present balance sheet; to tap equity investors when Balance Sheet ready

FM Says:
-Union Budget to be tabled in Parliament on February 26
-Unlikely that constitutional amendment bill on GST will be tabled in budget session

Bharti Says: (Akhil Gupta)
-NOC for acquisition of Warid received from Bangladesh government
-Working at finalizing acquisition; hope to make an announcement soon
-Airtel seeing solid growth; subscriber additions at 3 million per month

British Airways - CNBC-TV18 Exclusive Sources Say
-British Airways to introduce $600 million IT contract by April 2010; likely to span across 6 years
-Infosys, TCS, HCL, Wipro, Igate & Polaris likely bidders

Kinetic Motors:
-Net sales at Rs 15.7 crore & net profit at Rs 97.6 crore (change of accounting year; hence no comparable figures)
-Exceptional gain of Rs 97.4 crore mainly on sale of assets

Vintage Cards Q3
-Net sales at Rs 10.7 lakh versus 37.2 lakh
-Net loss at Rs 58.4 lakh versus loss of 181.9 lakh

Board meets today:
-FCS Software on bonus
-DS kulkarni to consider further issue of capital

Forthcoming board meets:
-Excel Infoways on January 14th for fund raising
-Asian Tea on January 12th for acquisition of 100% shares of M/s. Sarita Nupur Vyapaar Pvt. Ltd