Kingfisher Airlines: Sources -KFA submits new flight plan to DGCA -KFA expects to restore normal operations in 4 to 5 months
Food Minister -Govt allows 1 MT sugar exports in 2011-2012 -EGoM decides not to extend sugar stock limit beyond November
Banks may be asked to restrict long position on dollars: Sources -Action to stem rupee fall likely from Wednesday
Oil Ministry Sources -Have not heard from RBI on direct purchase of dollars -Oil companies had sent request to RBI for direct purchase of dollars
Siemens Q4 -Net profit down 29% at Rs 178 crore (YoY) -Net sales up 19% at Rs 3,559 crore (YoY)
RBI: -Eases rules for overseas investors in infrastructure debt funds -NRIs can invest in rupee, forex bond of infra-linked NBFCs -FIIs, NRIs can invest in infra debt funds of mutual funds -To buy in OMO total Rs 10,000 crore of 4 gilts via auction on Thursday -RBI may offer special dollar window to state run oil importers
Other stocks and sectors that are in news today: -Vikram Akula to exit SKS Microfinance, board meeting today -SC verdict on 2G bail plea of Sanjay Chandra, 3 Reliance ADA executives and Vinod Goenka today -DIPP circulates draft cabinet note on 26% FDI by foreign airlines -DoT rejects TRAI liberal policy on M&A - ET -Govt refuses to recognize 6 discoveries by RIL on KGD6 block - ET -GTL lenders plans to convert debt into equity - BS -Parsvnath Developers (stock down 20% yesterday): Pradeep Jain acquires 30 lakh shares yesterday - BSE disclosure -F&O Ban: Gitanjali Gems, Ruchi Soya, Suzlon -Anil Singhvi sells 74% stake in his company to clutch of investors including BSE, HDFC, Tatas and Fitch ratings -IDBI Bank to convert Tier I bonds of Rs 2130.50 crore issued by GOI in equity share capital
