Here are stocks that are in news today:
Results Today: Reliance Industries, Hind Zinc, UltraTech, Asian Paints, Zee Entertainment, Crompton Greaves, United Phosphorus, IndiaBull Finl, HT Media, Karnataka Bank, Supreme Inds, Aptech, Praj Inds, JSW Energy, Kalindee Rail, HSIL, Kirloskar Bros Investments, Fulford, Binani Inds, Excel Inds LKP Finance, Jayshree Chem and FACT
Reform wave? - Govt Sources Say -
Expect big ticket actions by August 15
'FDI in retail may be a reality by August 15'
Govt working to quickly build consensus on FDI issues
Cabinet likely to take up FDI in domestic airlines shortly
Keen to take up Basu's plan on fixed subsidy cap for diesel
Fin Min asked to come up with plan to control fiscal deficit
Cabinet approves 21% import duty on power equipments
CNBC-TV18 Alert - 5% Basic, 12% CVD, 4% SAD on All Power Equipments
On CNBC-TV18 - L&T Power Says
A 10% differential duty would have been more appropriate
Imposition of new duties to help domestic manufacturers
Imposition of new duties not the same extent we expected
Don't know if new duty imposition only for new orders
Hope imposition of new duties not only for future orders
Need to revive market for domestic power equipments
On CNBC-TV18 - BHEL Says
Need to see when duty imposition comes into effect
Real benefit to domestic manufacturers only 4%
A 10% gap still exists between domestic & Chinese cos
Today's decision not linked to divestment proposal for BHEL
Govt approves SAIL disinvestment of 10.82%
At CMO, to Rs 4160 Cr
Cabinet approves demerger of VSNL surplus land
VSNL surplus land to be demerged into a SPV
GoI to own 51.12% equity of SPV- Hemisphere Properties India
Maruti Suzuki Says (ET reports – Manesar plant faces lockout)
Nearly 100 executives hospitalised
Still assessing damage to property, facilities
Will soon announce decision about resuming ops at Manesar
Haryana Trade Min Says
'We have arrested 99 people so far'
Situation at Manesar plant under control now
Maruti management working to resume production on Monday or Tuesday
Taro Pharma Says
Board rejected
Sun Pharma's unsolicited, non-binding offer
Rejects Sun Pharma's buyout offer at $24.5/share
Offer inadequate, not in interest of co's minority shareholders
Sources Say Cabinet deferrers FCR Amendment due to TMC opposition
Persistent Systems Q1
Cons net profit at Rs.41.6 Cr Vs Rs.36 Cr (QoQ)
Cons income from ops at Rs.301 Cr Vs Rs.216.5 Cr (QoQ)
Stocks ex Dividend
Federal bank – Rs 9/Sh
Castrol India – Rs 7/Sh
Goa Carbon – Rs 4/Sh
KSE - Rs 11/Sh
Monsanto India – Rs 10/Sh
Nippo Battries – Rs 10/Sh
Other stocks and sectors in the news
Lanco Infra in talks for Rs 23000cr debt recast, if admitted to CDR, will be the biggest ever loan restructuring - ET
Gayatri Projects to sell stake in power JV to subsidiary of JSPL for Rs 1400cr - ET
RIL to bid for 2G spectrum across all circles in the coming auction - BS
Global investors including Temasek, China Investment Corp to invest in
RCom’s undersea cable unit, Global Telecommunication Infrastructure Trust - ET
IOB seeks Rs 1500cr capital from govt; $500mn MTN issue soon
Cadila Healthcare settles lawsuit with Somaxon over Generic Silenor - NW18
Lodha Developers set to buy
DLF’s NTC land for Rs 2500-2700cr- BS
Shanthi Gears open offer at Rs 81/sh, offer opens on Sept 5, closes on Sept 18
Welspun Global open offer at Rs 42/sh opens, issue opens on Sept 6, closes on Sept 20
Lloyds Steel open offer at Rs 11.65/sh, offer opens on Sept 6, closes on Sept 20
