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Stocks in news: Padmalaya Tele, Autolite, Nicholas Piramal

Stocks in news: Padmalaya Telefilms, Autolite India, Nicholas Piramal, Asian Oilfield Services, Infosys, Wipro, Paramount, Arvind Mills, TVS, Yes Bank, RIL, Alok Industries, Vipul and Quintegra Solutions.

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Stocks in news:


  • Board meetings:
    Padmalaya Telefilms on preferential issue of shares/warrants for expansion
    Autolite India on issue of shares/warrants on preferential basis
    Nicholas Piramal on demerger of new chemical entity research unit into separate entity
    Asian Oilfield Services on issue of warrants on preferential basis to strategic investors & promoters
  • Ex-dividend:
    IndusInd Bank (60 paise/sh), IVRCL Infra (Re 1/sh), Ucal Fuel (Re 1/sh) and Educomp Solutions (Rs 2/sh)
  • Ex-bonus:
    Northgate Technologies at 1:1
  • NSE to introduce 14 new stocks in F&O from Sep 6:
    3i Infotech, Aptech, Bhushan Steel, Biocon, CMC, Havells India, Lakshmi Machines, NIIT Technologies, Nucleus Software, Sasken
  • Communication, Tech Mahindra, Tulip IT Services, Welspun Gujarat and Yes Bank
  • HTMT Global, Nagarjuna Fert; Oswal Chem; IFCI, Escorts out of NSE F&O curb
  • Infosys, Wipro have shown interest in buying US based MarketRX, an analytics co having valuation of USD 150-160m - ET
  • RBI wary of subprime, warns hedge funds and PE funds may withdraw money if crisis depens, projects a step-up in India's growth trajectory
  • Hindustan Zinc may de-list as Sterlite plans to buy govt residual stake; Sterlite's stake to go above 90% post the buyout - HT 
  • Future group to tie up with Cleartrip to set up travel retail outlets in malls - ET
  • Trai recommends uniform 74% FDI cap in DTH, cable, HITS and satellite radio - ET
  • Paramount to buy UKs AEI cables for Rs 260 cr - ET
  • Arvind Mills to merge its strategic business units under two main division- appreals and textile, move entails job-cut and cost cutting of upto 30% - ET
  • Apollo Tyres health arm to set up medicity in Gujarat with investment of Rs 500 cr - ET
  • Wadias may buyout Danone entire 25% stake in Britania at 20% discount, open offer for minority shareholders unlikley- BS
  • TVS rolls out 3-wheeler, launches 3 new bikes - BS
  • Yes Bank to spin off investment banking division into a wholly-owned subsidiary - BS
  • Panasonic AVC Networks delisting offer, floor price Rs 14.16
  • Power Grid bids for deals in Philippines, Nigeria - DNA
  • Oil Country Tubular, Malaysia's UMW form JV to make green pipes - Mint
  • RIL mulls 2 big fertilizer plants in AP
  • Govt clears 10% disinvestment in OIL. IOC, HPCL & BPCL to pick up stake
  • Norsk Hydro buys 10% in ONGC's KG basin block, has option to buy another 10% after commerciality
  • Phoenix Mills’ wholly owned subsidiary signs hotel management agreement with Shangri-La Hotels for hotel at Lower Parel, Mumbai
  • Alok Industries gets approval for textiles SEZ at Silvassa
  • Vipul board approves 5:1 stock split; merger of 6 wholly owned subsidiaries with itself
  • Quintegra Solutions board approves setting up wholly owned subsidiary in Ireland

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