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Stocks in news: SpiceJet, DLF, Cipla, R Power, KS Oils
SpiceJet | Infosys | DLF | Cipla | Oberoi Realty | Unichem | Bhansali Engineering | Reliance Power and KS Oils are stocks, which are in the news today.
KS Oils-To consider selling off its all key businesses including wind power - ET -Company to raise USD 150 million via GDR issue - FE -Swiss Giant Glencore may bid for KS Oils -- TOI
Road Minister may award road projects of 7,300 km this year -Cabinet okays addition of 10,000 km national highways
BoA to mull DLF's proposal to sell stake in Pune IT SEZ on September 19 -BoA is Board of Approval Headed by commerce secretary -DLF has 70% in Pune SEZ, Ackruti City 30% -DLF may sell its stake to Blackstone
Reliance Power to CNBC TV18 -Will commission 5000 Mw by December 2012 -Krishnapatnam UMPP not the only one hit by Indonesian coal policy -Imported coal price issue a sectoral problem -Withdrawn from Shahpur project due to fuel, land issues -Reliance Infra evaluating making power equipment with Shanghai electric
Bhansali Engineering counters minority shareholders plea to CLB Says -Minority shareholders making unsubstantiated allegations -Deny alleged mismanagement of funds -Company has to file reply with CLB by September 28
Govt to divest 10% stake in Hindustan Aeronautics (HAL) -Defence Ministry supports 10% sell-off in HAL
RBI releases panel report on new Urban co-operative banks licensing -RBI panel moots Rs 50 lakh-Rs 5 crore capital for new urban co-op banks
Other stocks and sectors that are in news today: -Kalanithi Maran to hike stake in SpiceJet to 43% by October, stake hike through issue of convertible preference shares at 50% premium to CMP - Mint -Infosys close to USD 500-750 million US buyout; senior management believed to be supervising the due diligence - DNA -Court revokes ban on sale of Nimesulide & PPA drugs as the ban was challenged by Cipla & Unichem earlier this year (ET) -DLF to sell its 17.5 acre NTC mill in Central Mumbai, likely to get between Rs 3000-4000 crore - ET -Oberoi Realty has cut interest rates charged on delayed payment towards flat purchase in its Splendor project from 24% to 9% following a delay in the possession date -Future Group plans to divest stakes in non core businesses in the next 6-12 months with the total valuation at around Rs 4500-5000 crore (BS) -Ex Dividend: Bharat Electronics Rs 15.6/sh -F&O ban: ABG Shipyard, Gitanjali Gems, KS Oils
