52688 Investors following Sesa Goa. Share this News with them.
0
Like this story, share it with millions of investors on M3
Stocks in news: TCS, Wipro, PTC India, ICICI Bank, Rel Cap
Nirma | GSK | Henkel India | SBI | TCS | HCL Tech | Wipro | Nestle | BPCL | Godrej Industries | PTC India | ICICI Bank | Reliance Capital | Sesa Goa | McLeod Russel and Hero Honda are stocks, which are in the news today.
Listing today -Fineotex Chemicals, issue price Rs 70 (Price Band: Rs 60-72) -Sudar Garments, issue price Rs 72 (Price band 72-77) -Indian Terrain lists post scheme of arrangement: Celebrity Fashions hiving off its men's apparel brand Indian Terrain into a separate entity
Lovable Lingerie (issue closes today; QIB closed yesterday) -Total at 10.67 times (X) -QIB at 21.87X, HNI at 3X, retail at 2.67X)
Hero Honda says -Working on a new brand entity -Have appointed consultants to create new brand entity
Other stocks and sectors that are in news today: - Sesa Goa edges out JSW Steel to win Bellary Steel assets for Rs 220 crore (ET) -Adani Group looks to acquire Australia's Abbot Coal terminal unit at an estimated cost of USD 1.5 billion (ET) - ICICI Bank & Reliance Capital reportedly in race to acquire CLSA & Cheuvreux the French broking franchises for a total of USD 3.5 billion - Agencies -PTC India Financial services issue opens on March 16, 2011 (FE) - Wipro signs 5-year pact with Canara Bank for rural banking operations - Godrej Industries sells 2.01% stake in Godrej Consumer via QIP: NW18 Nestle India set to invest Rs 1500 crore in India for various capacity expansion (BS) - McLeod Russel looking to acquire tea estates in Africa (FE) - BPCL to invest Rs 1000 crore for exploration & production across its blocks in India & overseas (Mint) - TCS , HCL , Wipro in race to bag the contract for setting up & maintaining the State Data centre in MP valued at Rs 40 crore (BL) - SBI hunts for buyouts in Africa, Southeast Asia plans to spend around USD 200 million for the buyouts (DNA) - Henkel India kick started the process of selling off its detergents & personal care business (ET) -Sugar Exports on hold as food ministry wants a clarity on cane production & yield numbers before allowing exports (BS) -GSK: Ex dividend Rs 50/share - Nirma to get delisted effective March 23rd
Shahid Balwa - Sources say -Maharashtra gives clean chit to Shahid Balwa -Maharashtra Home Ministry files affidavit in Delhi HC -Affidavit says 'nothing adverse' found against Balwa CNBC-TV18 alert: Union Home Ministry had questioned Shahid Balwa's antecedents State Affidavit says: -Mumbai Police has found nothing adverse against Balwa -Maharashtra ATS has also given clean chit to Balwa -Maharashtra ATS clean chit after detailed enquiry CNBC-TV18 alert: -Balwa moved Delhi HC against centre in November 2010 -Balwa sought Home Ministry observations be quashed -Shahid Balwa in CBI custody in alleged 2G scam -Shahid Balwa has stepped down as MD of Etisalat DB
Etisalat DB - Sources DoT begins process of cancelling 2G licenses -Show cause notice issued to Etisalat DB on March 7 -Notice issued for cancelling Delhi & Mumbai license -Notice to Etisalat DB for failure to roll out services -Cancellation notices set to be issued to other companies -TRAI recommended cancellation of 69 licenses CNBC-TV18 alert: -Etisalat DB already show caused on eligibility norms
TRAI Recommendations - Sources -Cancel 8 Uninor licenses in Assam,North-east, J&K, Haryana -Cancel Uninor licenses in MP, Punjab, HP, Rajasthan -Cancel 4 Aircel licenses in Rajasthan, Haryana, MP, Punjab -Cancel 14 Loop licenses in TN, Maharashtra, Gujarat, AP, Karnataka -Cancel Loop licenses in WB, Kerala, UP (W&E), HP -Cancel Loop licenses in Bihar, Assam, North-east, J&K CNBC-TV18 alert -Etisalat given 60 days to reply to show cause notice
