Oct 14, 2013, 10.11 AM | Source: CNBC-TV18

Stocks in news: Wockhardt, Cairn, MCX, Tech Mahindra, Jet

Wockhardt | Cairn India | IOC | Bosch | TTK Prestige | MCX | Wipro | HCL Technologies | Financial Technologies | Jet Airways | Tech Mahindra | Jaiprakash Power | JSW Steel and JSW Energy are stocks, which are in the news today.

Here are stocks that are in news today:

Results Today: Reliance Industries, IndusInd Bank, CMC, AP Paper, Bajaj Corp

Wockhardt - Yet another setback
-UK's health regulator withdraws good manufacturing certification of company's Chikalthana facility
-Received a letter from Medicines & Healthcare Products Regulatory Agency, United Kingdom (UKMHRA) whereby the agency has decided to withdraw previously issued GMP Certificate to company's facility situated at L1, MIDC, Chikalthana, Aurangabad
-Will be issuing a restricted GMP (good manufacturing practice) Certificate to the site along with a statement of non-compliance for the said site

Big banking reforms on cards, say RBI governor (small PSU banks to be in focus)
-To ease entry for foreign banks

Economic offences Wing (EOW) sources on NSEL
-It's a clear case of Ponzi scheme; accounts fished
-Cannot find records of warehouses prior to August 8
-Probing issue of possible kickbacks to Anjani Sinha
-Going through books of accounts; questioned former CFO Kotian
-Agreements between borrowers & National Spot Exchange (NSEL) loosely worded
-NSEL gave borrowers options to postpone loan payment

Cairn India - Delhi High Court says
-10 percent capital gains applicable on Cairn share sale
-Quashes AAR ruling on Cairn India share sale
>AAR is Authority for Advance Ruling
>AAR ruled 20 percent capital gains tax applicable

IOC buys 5 m barrels of West Africa Oil via tender for December lifting: Reuters sources
-IOC makes first purchase of Nigeria’s Okwuibome Oil: Reuters
IOC says
-Stopped building work at Orissa refinery
-Shut pipeline on east coast

Oil minister Veerappa Moily says
-Oil companies monitoring operations
-Some shipping diverted for safety

-To suspend manufacturing operations at Jaipur plant on October 19 and October 28-November 2
-To suspend manufacturing operations at Bangalore plant on October 15 and 31

TTK Prestige Q2
-Net profit flat at Rs 30.3 crore (YoY)
-Net sales at Rs 345.5 crore versus Rs 335.5 crore (YoY)
-EBITDA at Rs 44 crore versus Rs 51 crore (YoY)
-EBITDA margin at 12.8 percent versus 15.2 percent (YoY)

Reliance Industrial Infrastructure Q2
-Net profit at Rs 5.9 crore versus Rs 6.1 crore (YoY)
-Income from operations at Rs 20.7 crore versus Rs 19.2 crore (YoY)

Other stocks and sectors that are in news today:
-Forward Markets Commission (FMC) to order special audit of MCX : ET
-Revision clause likely to salvage PPP core projects: ET
- NHPC to raise Rs 1000 crore via NCD issue, open of October 18, closes on November 11
- Cairn 's Barmer plan gets regulatory approval: FE
- Wipro , HCL Technologies in race for Indian Post project: BS
- Apollo Hospitals to invest Rs 2000 crore in next 3 years to add 2800 beds across country: Reports
- Tata Tele to seek promoter funding to bid for spectrum: BS
- Financial Technologies : Anjani Sinha likely to report at EOW today
- Jet Airways : Jet Etihad deal likely to be taken in CCI today
-RBI says Tech Mahindra ups FII investment limit to 45 percent from 35 percent
- Elder Pharma appoints Alok Saxena as MD & CEO
-Bayer Challenges IPAB’s compulsory license order to Natco Pharma on cancer drug Nexavar
- UB Holding : Promoter releases pledge on 16 lakh shares on September 6
- JSW Steel : Promoter creates pledge of 14.15 lakh shares on October 10
- JSW Energy : Promoter creates pledge of 2.45 crore shares on October 10
- Jaiprakash Power : Promoter creates pledge of 1.48 crore shares

August IIP at 0.6 percent versus 2.8 percent (MoM)
-Manufacturing sector growth at -0.1 percent versus 3 percent
-Electricity sector growth at 7.2 percent versus 5.2 percent
-Mining sector growth at -0.2 percent versus -2.3 percent
-Basic goods growth at 1.5 percent versus 1.7 percent
-Capital goods growth at -2 percent versus 15.6 percent
-Intermediate goods growth at 3.6 percent versus 2.4 percent
-Consumer durables growth at -7.6 percent versus -9.3 percent
-Consumer non-durables growth at 5 percent versus 6.8 percent
-Consumer goods growth at -0.8 percent versus -0.9 percent
-July IIP revised to 2.8 percent versus 2.6 percent earlier
-April-August IIP at 0.1 percent versus 0.2 percent (YoY)

Set email alert for
Wockhardt Cairn India IOC
Bosch TTK Prestige Rel Ind Infra
MCX India NHPC Wipro
HCL Tech Apollo Hospital TataTeleservice
Financial Tech Jet Airways Elder Pharma
Tech Mahindra Natco Pharma UB Holdings
JSW Steel JSW Energy Jaiprakash Pow


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