Results today: Siemens (Q4 and FY09), Tata Steel (Consolidated numbers for H1)
Ex-bonus: RIL (1:1)
ITC - CNBC-TV18 Exclusive -ITC board considering several options for EIH stake -ITC may consider counter-offer for EIH -ITC counter-offer if Analjit Singh makes open offer -Alert: ITC holds 14.98% in EIH -ITC may hike stake to maximum 25% -25% does not amount to hostile takeover, does not imply control -ITC may also consider diluting EIH stake or exit -ITC board to take call after considering all options
Godrej Consumer, Marico - CNBC TV18 exclusive: sources -Godrej Consumer, Marico bid for UK based skin care brand Simple -Simple valued at 250 million pounds -GCPL also in talks with a 200 million euros European brand -Godrej consumer says: no comments -Marico says : Marico is, in line with its growth aspirations, an acquisitive company. -Marico says: Marico does not confirm or deny any market speculation as regards any specific target
Asian Hotels Jul-Sep -Net sales at Rs 89 crore versus Rs 112 crore -Net profit at Rs 0.94 crore versus Rs 17.3 crore
RBI says ((Dena Bank may see profit booking)) -Time for bank consolidation has not come -Financial inclusion more imp versus bank consolidation -Have very few dominant banks; consolidation will up problems
SBI says: from NewsWire18 -Credit offtake bad -Sanctions happening, disbursals not happening -Retail credit growth taking place
Vijay Mallya Says -Airlines not happy with ground handling policy changes -Airlines to come together; form comm headed by FIA Chairman -Airfares not sustainable for long at current levels: Vijay Mallya -Airfares may go up this season: Vijay Mallya
Other stocks that are in news today: -OBC board approves raising Rs 300 crore Tier I capital -RBI nod needed for further FII buying in Pantaloon Retail -Infotech Enterprise mulls 2 acquisitions in US for up to $40 million - BS -Govt mulls option for Balco stake sale, working on an amicable pricing formula - BS -Govt considering canceling NTPC's Rs 2000 crore order to Russian company for alleged kickbacks - BS -Indian ADRs: Satyam down 8%
