Stocks in news: HCL Tech, Prime Focus, Gitanjali, GMR, NMDC
HCL Tech | Prime Focus | Gitanjali Gems | GMR | Balmer Lawrie | Novartis | IndusInd Bank | NMDC | IDBI Bank | Tata Metaliks and Aditya Birla Nuvo are stocks, which are in the news today.
March 28, 2013 / 10:19 IST
Here are stocks that are in news today:
Set back for GMR on financial relief to highway project: CNBC-TV18 Exclusive
-NHAI board refers proposal on financial relief to highway projects to govt
Alert: GMR had exited Ahmedabad- Kishangarh highway project
Alert: GMR had quoted premium of Rs 636 crore for project
Govt sources say:
-NHAI board discussed relief on issues like premium payment
-NHAI board discussed relief for all highways under stress
-Finance ministry & plan panel opposed any move on financial relief
-Roads ministry to decide whether to refer issue to cabinetQ3 current account deficit (CAD) number on Thursday could be significantly large: CNBC-TV18 exclusive: Sources
-Q3 CAD may come in at close to 6 percent
-Govt mulls cut in withholding tax to 5 percent on G-Secs and debt
-Only Rs 15 crore paid as withholding tax
-FIIs caps in debt instruments could be hiked by up to USD 5 billion
-Keen to hike FDI caps to manage CAD
-Keen to hike FDI cap in defence, news to 49 percent
-May consider smaller tranches for upcoming divestments
Alert: CAD for H1FY13 had widened to 4.6 percent
Tata Metaliks
-Terminates JV with Japan-based Kubota Corp & Metal One Corp
-Sign memorandum of settlement with workers' union at RediAditya Birla Nuvo
-Allots 66.8 lakh shares to promoters at Rs 910.86/share on warrant conversion for Rs 608.45 crore (CMP: Rs 970.8)
-Post warrant conversion promoters stake has gone up from 51.04 percent to 53.76 percentNeyveli Lignite: PTI
-Invites bids from global firms to buy coal mines overseas
-Bids to provide fuel security to company's thermal power plantsFrom Cogencis Sources - IDBI Bank:
-Eyeing sale of 3.2 crore shares of 100 companies in April
-Eyes sale of shares of 100 unlisted companies in April
-Hope sale of shares of 100 companies boosts April-June profitGovt sets April-September non-levy sugar quota at 10.4 mt: cogencis
-Govt says no monthly restriction on non levy sugar sale in April-September
-Govt says no conversion of unsold April-September non-levy quota to levyAAI chairman VP Agarwal says:
-Have proposed a 3-way JV to supply jet fuel to airports
-AAI, oil companies (private & public) & airlines to form JVs
-Reliance, Essar & Shell interested in forming JVs
-Proposal to end state owned oil companies monopoly in supplying aviation turbine fuel (ATF)
-Arrangement to bring down cost of ATF Other stocks and sectors that are in news today:
-Nifty Changes: IndusInd Bank and NMDC to replace Wipro and Siemens in Nifty effective April 1 (i.e. Monday)
-Sugar companies: CCEA may take up the issue of sugar decontrol today in its meeting
-JSPL appoints K Rajagopal Group CFO & Director
-Supreme Court to give order on Novartis' Glivec patent plea on Monday
-Supreme Court to hear Sterlite Industries' plea on Tuticorin plant operations on April 2: cogencis
-Clariant Chemicals board okays textile chemical, paper, emulsion operations sale at Rs 209.1 crore
-Balmer Lawrie board approves bonus issue in the ratio of 3:4 shares
-Gitanjali Gems has decided to defer issue of FCCBs
-GMR arm divests stake in 2 coal blocks in Africa for Rs 270 crore: ET
-Prime Focus - bids for US based company Rhythm (company recently filed for bankcruptcy): ET
-HCL Tech bags USD 100 million Ford contract: BS
-Banks stare at MTM losses as bond yield surge: BS Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
