Here are stocks that are in news today:
Results Today: Bajaj Corp
Reforms unleashed: Cabinet clears
-49% FDI in Insurance and Pension
-Company’s Bill, 2011
-Forward Contracts Act and Amendments to Competition Act 2002
-All airport projects cleared
HDFC block deal
-Current market price - Rs 788.2 per share
-Carlyle to sell HDFC stake worth USD 850 million (Rs 4500 crore)
-Carlyle to sell 5.7 crore shares
-Deal in price range of Rs 760-781 per share
-Book to close today; Citi sole bookrunner
Zee group sells part stake in IVRCL
-Asian Satellite Broadcast sells 72.9 lakh shares (2.73 percent equity) at Rs 49 per share
-Jay Properties sells 1.17 crore shares (4.38 percent equity) at Rs 49.35/share
-Zee group may exit IVRCL: reports
Central Bank CMD says
-In banks interest that Kingfisher Airlines remains afloat
-Plan to cut deposit rates soon
-To offer home, auto combination loans in 15 days
M&M September auto sales
-M&M 2-wheeler sales at 8,122 units
-M&M arm Ssangyong September total sales up 6.8 percent at 10,147 units (YoY)
Union minister for corporate affairs and power Veerappa Moily says
-All airport projects cleared by the Cabinet
-Mangalore, Coimbatore, Trichy to be international airports
-3 regional airports to be converted into international airports
Cabinet okays
-Grant of Rs 130 crore to ITI for salary payments
-Ban on export of edible oil to continue
-Cabinet okayed model pact for infrastructure debt funds
Other stocks and sectors that are in news today:
- Adani Power promoters to sell 3.58 crore shares via offer for sale on October 8
-Coal and power ministries to discuss fuel supply agreement (FSA) today
-SC agrees to review quashing of JSW, Kalyani Steels mining lease
- Tata Power is scouting for coal assets in US and Columbia: PTI
-AV Birla plans to invest Rs 6000 crore into solar energy, buys into Electrotherm ’s Gujarat venture: ET
- Godrej Properties launches 12-acre luxury villa project in Bangalore
-Future Group may sell Pantaloon’s stake in Generali JV to L&T Insurance for Rs 600 crore: ET
- Britannia close to sell its 6 acre Bangalore land for approximately Rs 550 crore: BS
- Videocon secures USD 2.2 billion fund commitment from 12 Indian banks for its Oil & gas business: FE
-Hong Kong based newsprint supplier Adonis files winding up plea against Deccan Chronicle Holdings (DCHL): TOI
-SEBI notifies norms for e-IPOs
