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Stocks in news: Tata Steel, Crisil, RIL, Sun TV, Cairn
Tata Steel | Crisil | Pennar Ind | Emami | Petron Engineering | Sun TV | Eon Electric | RIL | Reliance Infrastructure | SAIL | ONGC and Cairn are stocks, which are in the news today.
ONGC issues NoC to Cairn -Vedanta deal -NoC subject To Cairn, Vedanta executing formal agreement on royalty, cess
Steel Secretary says -SAIL needs to improve its performance -SAIL FPO dependent on market conditions -SAIL will achieve capex of Rs 2,000 crore within next 100 days -NMDC to finalise sale purchase agreement for mine acquisition abroad -May give collated data to SC on iron ore demand this week -'Stability can return if we e-auction 1.5 mt/month iron ore' -High coking coal prices adversely impacted H1 profits
Reliance Infrastructure says -Existing Bandra-Worli Sea link to be purchased by company -Will build next part of the link from Worli to Haji Ali -Most of the key infra projects are PPP projects -Developing 2 projects of 5 mt in Maharashtra, MP in cement biz -EPC business order book at Rs 28,000 crore -Developing 13 projects in power, infra sector -Developing 5 projects for Rs 6,600 crore in transmission biz -20 out of 27 projects to be operational by March 2012 -Mumbai Sea-link phase II pre-construction work over IPO Corner - M&B Switchgears IPO of 50 lakhs shares with a price band of Rs 180-186/sh opens today -Onelife Capital Advisors IPO of 33.5 lakh shares with a price band of Rs 100-110/sh opens today
Other stocks and sectors that are in news today: -RIL, Govt to devise strategy to ramp up KG-D6 output; DGH appoints independent consultant to optimise production (ET) -Eon Electric (earlier know as Indo Asian Fuse Gear) announces buy back of 4.5 lakh shares at maximum Rs 30/sh (CMP: Rs 60.85) -Kalanithi Aide & Sun TV COO Hansraj Saxena quits (ET) -Emami drops Rs 640 crore acquisition of Ahmedabad based Sterling Hospitals (TOI) -Petron Engineering bags contract from Lafarge India worth Rs 66.50 crore -JSW clients Pennar Industries, Apollo Tube fear earnings hit if JSW is unable to meet their monthly demand - DNA -Goa govt bans extraction of ore from Old drumps - HT (another mining scandal unfolding) -Stock Split: Crisil 10:1 -F&O Ban: ABG Shipyard, Gitanjali Gems, Ruchi Soya -Tata Steel gets Bombay HC nod to merge subsidiary Centennial Steel with self -Essar Steel's GM arrested on Naxal Payoff charge (BS)
