Stocks in news: Guj Pipavav, Aegis, Tata Coffee, SAIL
Gujarat Pipavav | Aegis Logistic | Nitesh Estate | Sezal Glass | HDIL | IOC | United Spirits | MRPL | BPCL | Binani Cement | Hindustan Motors | L&T | Jet Airways | Tata Coffee | SAIL and HDFC are stocks, which are in the news today.
January 14, 2011 / 08:38 IST
Here are stocks that are in news today:
Results today: HDFC, Godrej Prop, REI Agro, Hindustan MediaSAIL Q3 (Disappointing numbers, revenue, profits lower than expected) (YoY)
-Revenues up 14.5% at Rs 11312 crore versus Rs 9878 crore (up 4.7% QoQ ) (expectation Rs 11378 crore)
-PAT down 34% at 1107 crore versus Rs 1675 crore (up 1.6% QoQ) (expectation Rs 1468 crore)
-OPM at 15.9% versus 26.1% (versus 15.7% QoQ ) (expectation at 19.4% ) Tata Coffee signs MoU with Starbucks for strategic alliance in India (Could be sentiment negative for Jubiliant Foodworks)
Tata Coffee says
-To jointly explore development of Starbucks retail stores
-MoU for sourcing, roasting beans in company's India facility
-Sourcing agreement is non-exclusive
-Have signed non-binding agreement for Starbucks' India entry
-Agreement with Starbucks a pure alliance, not a JV
-No regulatory issues for JV with Starbucks
-Starbucks has to take a call on contours of possible JV
-Starbucks a great brand; welcome entry into India
-Will look at investing in new facilities with Starbucks
-Expect first Starbucks store to roll out in 6 months
-Decision on retail operations to be taken by StarbucksJet Airways: Naresh Goyal says
-Will launch QIP soon; waiting for govt clearance
-Domestic air traffic growth to be 15% in next 5 years
-International air traffic to be 15-20% in next 5 years
-Jet Airways says in pact with Godrej Properties to develop Mumbai BKC Plot
-To develop sell 750,000 sq feet of Mumbai BKC plotVed Jain says: CNBC TV18 exclusive
-Only IL&FS chose to invest in Maytas Properties
-28 companies were approached by SBI Capital Markets
-Our estimate of liabilities was Rs 1,700 crore plus
-19 companies refused to come forward; did not find value
-9 companies carried due diligence; 7 did not find Maytas attractive
-Govt's role only through me to oversee Maytas Properties'Govt says
-Closely monitoring inflation
-To review export-import of commodities regularly
-To impose curbs on export of goods if needed
-To reduce import duty goods when needed
-Farm output hike only lasting solution to check food price
-Committed to contain adverse impact of inflation
-NAFED, NCCF to sell onions at Rs 35/kg
-1,000 tonne onion import contracted so far
-Secretary panel to review inflation situation in states
-To take stringent action against hoarding
-Cartelisation by traders to be strictly dealt with
-Suitable help to be given for bumper kharif crop storage
-To ask states to exempt horticulture products from APMC Act
-Ministerial panel to monitor primary articles inflation
-Chief economic advisor to head panel to monitor inflation
-Urge states to mull waiving mandi tax,octroi, local leviesOther stocks and sectors that are in news today:
-BF Investments and Kalyani Investment list today post scheme of arrangements
-Securities in F&O ban: Kingfisher Airlines, Chambal Fertiliser
-L&T delivered its first four fry shielded canisters for Transnuclear- an USA based power operator firm. (ET)
-IL&FS will hold a stake of 80% of the total equity in Maytas Properties (ET)
-Hindustan Motors to half its share capital to Rs 80.58 crore which will reduce in its accumulated losses (BS)
-Union Bank of India in meeting with investors to raise 125 million swiss francs in its first sale of debt (BS)
-Binani Cement set to invest Rs 4200 crore in Gujarat & setup a Greenfield cement plant of 2.5mtpa (BL)
-BPCL set to process 22% more crude oil in the fiscal year beginning from April 1 (BL)
-MRPL buys spot crude from Brunei to avoid petroleum product supply disruption (BL)
-PNB enters factoring business, enters in a Joint venture by picking up 30% stake in IFFSL (BL)
-United Spirits set to acquire sovereign distilleries in a Rs 230 crore deal (TOI)
-Government may limit FDI in pharma sector at 49% (TOI)
-IOC entered in agreement with Nuclear Power Corporation to setup power plants across the country (HT)
-HDIL may prepay debt with Andheri land deal money, has to repay debt of Rs 500 crore till fiscal 2012 of the total debt of Rs 4102 crore (DNA)
-Sezal Glass signs as MOU with Government of Gujarat - planned investment of 750 crore to set up float glass manufacturing facility
-Nitesh Estate has acquired 51% stake in a SPV - Nitesh Urban Developers
-Gujarat Pipavav signed MOU with Gujarat govt to expand port facilities involving an investment of Rs 1700 crore in stages
-Aegis Logistics signed MOU with APM Terminals, Pipavav 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!
