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Stocks in news: IRB Infra, R Power, L&T, Cipla, SAIL

Compact Disc | FDC | Oracle Financial | JSW Steel | NTPC | Murudeshwar Ceramic | ONGC | IRB Infra | Reliance Power | Jet Airways | L&T | Cipla and SAIL are stocks, which are in the news today.

January 28, 2011 / 08:35 IST

Here are stocks that are in news today:

Results Today: ONGC, OBC, Titan, Jaiprakash Associates, Bank of Baroda, Siemens, Sun TV, Allahabad Bank, Alok Industries, Binani Cement, Crompton Greaves, IFB Agro, IOB, Panacea Bio, P&G, Sona Koyo, Sterlite Tech and Federal Bank

SAIL Chairman says
-SAIL FPO will come this fiscal   
-Have got legal opinion of advocate general
-Will take a final call on FPO in a day or two

Ex-dividend
-MRF: Ex dividend by Rs 44
-Container corp: Ex dividend by Rs 7.5
-Amara Raja: Ex dividend by Rs 2
-Godrej Consumer: Ex dividend by Re 1

RINL IPO - Govt sources say
-RINL IPO unlikely in 2011
-RINL IPO likely only in FY13
-RINL to undergo capital restructuring pre-FPO
-RINL has paid up equity capital of Rs 8000 crore
-RINL could consider converting part equity into debt
-RINL to appoint merchant bankers for restructuring shortly
-RINL recently awarded Maharatna status

Other stocks and sectors that are in news today:
-Cipla promoters in talks to sell their stake to a global buyer, Merck racing ahead to acquire the stake (ET)
-L&T may sell its stake in its infotech arm after failing to expand it in a bigger business (ET)
-Jet Airways plans of raising funds through QIP of USD 400 million falters as FIPB rejects request for relaxation of 49% FDI limit (DNA)
-ICVL group decides not to cunter Rio Tinto

first published: Jan 28, 2011 08:24 am

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