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Stocks in news: Tera Soft, Monnet Ispat, Bharti, SBI, KFA
DLF | Pritish Nandy Communication | Tera Software | Vakrangee Software | Monnet Ispat | PNB | Bharti Airtel | SBI and Kingfisher are stocks, which are in the news today.
Results today - ABB, Ranbaxy Labs, Gujarat Gas and SKF India
Dewan Housing QIP book launched -Plans to raise USD 60 million, upside option upto USD 100 million -QIP issue floor price Rs 255.5/sh
Kingfisher Airlines: Sources say -KFA submits revised appeal to I-T to lift freeze on accounts -KFA commits to pay entire outstanding in tranches
SBI to CNBC-TV18 -Company has not given any fresh loans to Kingfisher Airlines -Company has not committed to give any fresh loans to KFA -Expressed surprise at report on SBI package to KFA -Not considering giving any fresh loans to KFA
KFA update: Sources say -I-T department files caveat in Bombay Karnataka HC -I-T department says must be heard before account freeze lifted
Econet: -Seeks USD 3 billion damages from Bharti Airtel Econet Vs Airtel: -Dispute over ownership of its subsidiary Airtel Nigeria -South Africa-based Econet Wireless filed suit on Wednesday
Bharti Airtel says -Have not received any notice w.r.t Econet's statement -Econet's statement is spurious & misleading -Circa 5% held by Econet has been set aside since 2006 -Final resolution of ongoing litigation pending -Econet's baseless claims are bound to be fully rejected -Have full faith in Nigerian legal system
KSB Pumps Q4CY11 (YoY) -Net sales at Rs 226.4 crore versus Rs 173 crore -Net profit at Rs 16.2 crore versus Rs 12 crore
BCB Finance IPO opens today, closes February 27 (1st IPO on BSE SME platform) -To raise Rs 8.85 crore -To issue 35.4 lakh shares @ Rs 25/sh
Other stocks and sectors that are in news today: -CCI issues notices to 5 domestic soda ash makers (Tata Chemicals, DCW, Gujarat Heavy Chemical, Nirma, Saurashtra Chemical) for alleged price manipulation -Bhushan Steel rights issue at Rs 335, ratio 1 share for 15 shares held -PNB approves preferential issue of 1.28 crore shares GoI and 1.58 crore shares to LIC at Rs 1003.69/sh -Monnet Ispat buy back at maximum Rs 500/sh -MSP Steel and Power defers preferential issue of 1 crore shares to promoters and non promoters -Hero Motocorp inks technology sourcing pact with Erik Buell Racing -Vakrangee Software board meet today to consider bonus Issue, stock split and hike in authorized capital -DLF to sell 350 flats for Rs 500 crore in Gurgaon -Tera Software board meet on February 29 to consider issue of warrants -Pritish Nandy Communication board meet on March 2nd to consider raising of additional funds -Stocks in F&O ban includes - ABG Shipyard and Alok Textiles