Stocks in News: Coal India, IOB, Jet, Alok Ind

Here are stocks that are in news today:

Coal India restructure: PTI
-Govt to shortlist applications for advisors
-Govt received applications from firms like KPMG, McKinsey
-Govt may announce name of advisors in April 1st week

Mahindra Satyam extends amalgamation plan with Tech Mahindra by 6 months
Tech Mahindra says
-Merger of Satyam with company to be completed by September 30

GAIL
-Signs MoU with oil ministry for performance targets
-Targets over 84.05 mmscmd gas marketing in FY14
-Targets over 110 mmscmd gas transmission in FY14

Core Education in SEBI scanner for all edged price manipulation: Sources
-Stock movement of last two months being investigated

Amtek Auto sells 51 percent stake in its subsidiaries ARGL and ACIL
-Amtek Auto says ARGL & ACIL cease to be subsidiaries of company henceforth

SEBI: (This is an interim order)
-Bars Zenith Infotech founders from securities market with immediate effect
-Asks Zenith Infotech to pay USD 33.93 million as bank guarantee

ILFC:
-Successfully removes 1st aircraft (A321) from India
Alert: Move to repossess aircraft after Kingfisher Airlines (KFA) failed to pay ILFC

ILFC to CNBC-TV18:
-Will go to court if KFA does not pay penalties
-If KFA not in a position to pay, will go to its parent company
-Will pursue every legal avenue to ensure KFA pays penalties
-Penalties due as KFA stopped making payments to ILFC
-Expect to recover balance aircraft within next few weeks

CNBC-TV18 Exclusive: Directorate General of Civil Aviation (DGCA) sources
-KFA lessor DVB seeks de-registration of its 2 aircraft
-DGCA heard presentations by KFA aircraft lessor DVB
-DGCA to decide on de-registration before April 8
-DGCA to study HC order for precedence
-DGCA to consult ministry before passing order
Alert: KFA originally had a fleet of 67 aircraft (A320 & ATRs)
Alert: KFA's 40 aircraft have been de-registered so far
Alert: DVB had leased 2 aircraft (A320s)
Alert: DVB moved HC asking for de-registration of its 2 aircraft leased to KFA
                          
Africa becomes Maruti's top export destination; overtakes Europe: CNBC-TV18 Exclusive
-In FY14, Maruti to focus on non-european markets
Maruti says:
-Africa accounts for over 30 percent of Maruti's exports currently
-Top African export markets include Algeria, Egypt, Angola
-Total exports to Africa at over 30,000 units in FY12
-Europe's share to Maruti's exports at 25 percent currently
Alert: Europe constituted 75 percent of Maruti's exports in 2009-10
-European exports down 33 percent in FY12; non-european up by 10 percent
-African exports jumped 50 percent in FY12; LatAm increased 60 percent
-Focus to be on non-european markets in FY14
-‘African exports have helped cushion impact of sales decline in Europe’

Karnataka HC adjourns United Breweries Holdings and KFA tax case till today
Alert: 8 creditors filed winding up petition against KFA & UBHL

TRAI says
-To take legal step versus cable companies not giving user information
-Many cable operators have not implemented user management system

Other stocks and sectors that are in news today:
-Coal India board approves conversion of liabilities worth Rs 2,539 crore of Bharat Coking Coal into preferential shares
-L&T to buy out Pantaloon in non-life JV for Rs 500 crore
-Moody's downgrades IOB, OBC and Syndicate Bank ratings
-Mahindra Lifespace acquires 1 m sqft land for residential development in Mumbai, Bangalore
-MTNL board approves raising NCDs worth Rs 3,000 crore
-Banks initiate crackdown on wilful defaulters, finance ministry wants proceedings fast-tracked: BS
-Alok Industries rights issue opens on March 30, closes on April 27, to raise Rs 550 crore, ratio 2:3 at Rs 10/share
-Diageo open offer for United Spirits at Rs 1440 per share to open next week: BS
-Jet Airways leases aircraft, crew to Etihad
-Honda to launch another 100 cc bike, to take in Hero’s Splendor: ET
-HUL puts prime property in Kolkata on block
-Precision Wires surrenders 14 acre land acquired in Andhra Pradesh
-Torrent Power allots 10.10 percent NCDs of up to Rs 300 crore
-HSIL says sold entire investment in wholly-owned subsidiary AGI glasspack
-A2Z Maintenance transfers 18.4 percent stake in arm A2Z E Waste Management to Sardana Recycling