Stocks in news: ONGC, SAIL, JSPL, RIL

Excerpts from Bazaar on CNBC-TV18 Watch the full show »

Results Today: ONGC, Tata Motors, Sun Pharma, Power Grid, HPCL, SAIL, Hindustan Copper, United Spirits, Apollo Hospitals, EIH, Shipping Corp, Shree Renuka, Welcorps, Aurobindo Pharma, Bombay Rayon, IPCA Labs, Lanco Infra, Praj, NCC, Jindal Stainless, Hotel Leela, ABG Shipyard, Future Capital, Geojit PNB, Godfrey Phillips, Heritage Foods, Phoenix Mills, PVR, Bayer Corp, Mirc Elec, Hindustan Organics, Bharat Fert, Bombay Burmah, Carls Ref, Brooks Lab, Crew Bos, Everest Kanto, Ramky Infra, Sarda Plywood, Steel Strips, Tantia Cons, Tree House, Venkys and West Coast Papers

CNBC-TV18 Exclusive - Government Sources Say
Opening up of mining will increase availability of coal
End users delay mining due to lack of expertise
Private cos can end monopoly of Coal India & pricing power
If passed, commercial mining will be allowed in Coal
GoM yet to meet on discussing amendment bill

SAIL inks JV pact with Burn Standard Co for wagon components unit
JV to set up 10,000 bogies/yr capacity unit in West Bengal
JV to invest Rs 200 Cr in West Bengal wagon unit

Petrol price to come down by Rs 1.26/L in Delhi
20% VAT on hiked amount of Rs 6.28/L not to be charged

IOC Says
On Petrol to cut prices if fortnightly review shows a lower trend
Got Rs 45,486 Cr subsidy during FY12 for regulated fuels
FY12 Average Brent price at $111-112/bbl vs $85-86/bbl YoY
 
Banking Secy Says:
PSU Banks' NPAs at 3.3% in FY12
PSU Banks' NPAs a concern, but no need to panic

EGoM on spectrum auction likely to meet on June 5

Other stocks and sectors in the news
JSPL buys 10% stake in Australian arm of Guj NRE, deal worth nearly USD 25 million
Fortis hives off non-core biz and assets - ET
Ashok Leyland fin eyes stake sale to PE - ET
Teva decides not to launch generic version of Lipitor - ET
Welspun Corp bags new orders worth Rs 2070 crore
RIL not moving to court on consent process - ET
Emmsons International open offer at Rs 123 per share
Delta Magnets open offer at Rs 28.1 per share
Orbit Exports  okays 1-for-2 bonus share issue
Pipavav Defence to take shareholder nod to raise upto $200m, EGM of June 21