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Stocks in news: Titagarh Wagons, Simbhaoli, Hotel Leela

ABG Shipyard | Titagarh Wagons | Simbhaoli Sugars | Trent | Kingfisher Airlines and Hotel Leela are stocks, which are in the news today.

February 19, 2013 / 09:51 IST
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Here are stocks that are in news today:

Supreme Court
-Allows operational units in Mundra Port SEZ to continue operations
-Remands Mundra Port SEZ case back to Gujarat HC
-Construction work at Mundra Port SEZ to be stopped

RBI deputy governor Anand Sinha says:
-New banking licence norms to issued before FY13-end
-Talks with finance ministry on banking licence norms over
-Draft norms allow companies to apply for banking licence

On CNBC-TV18: Ashok Chawla says
-Competition commission of India (CCI) sought more information from United Spirits (USL)-Diageo
-Today is last day for USL & Diageo to submit information
-CCI will take a decision soon after information submitted
-CCI to issue order to probe alleged cartelisation by oil marketing companies (OMCs)
-Had found DLF to be guilty of abusing dominance
-CCI's modified buyer agreement will have to go through judicial appraisal
-Believe modified buyer agreement is good for consumers, developers

Hotel Leela board okays sale of company's IT park building in Chennai to Reliance Industries (RIL)
-Hotel Leela to sell IT park building to RIL for Rs 170.17 crore

UB Holdings hikes loan limit for Kingfisher from Rs 300 crore to Rs 750 crore
-UB Holdings reduces investment limit from Rs 1,200 crore to Rs 750 crore

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CNBC-TV18 exclusive sources say:
-Government softens stance on Vedanta's Lanjigarh mining operations
-Govt files fresh affidavit in SC
-Govt to allow Vedanta to mine bauxite if gram sabha consents

Govt says:
-Written Gram Sabha consent on resettlement package mandatory
-Forest Rights Act (FRA) can be overruled if land acquisition unavoidable
-FRA can be extinguished using eminent domain
-Eminent domain to be used only if acquisition unavoidable
-Eminent domain to be used if gram sabha consents to package
Alert: Govt in SC had said eviction not possible

Other stocks and sectors that are in news today:
-Power Industry players to raise fuel crunch issue with power minister today: BS  
-Trent to buy TVS Shriram’s stake in Landmark for Rs 84 crore
-Simbhaoli Sugars to mull issuing up to 40 lakh CRPS (cumulative redeemable preference shares) worth Rs 40 crore on March 12
-Titagarh Wagons to restructure its business; to transfer HEMM (Heavy Earth Moving & Mining Equipments) division to another subsidiary
-ABG International buys 2.45 percent stake in ABG Shipyard for Rs 50 crore

SEBI probes large-scale 'pump-and-dump' of stocks
Alert: SEBI suspects certain brokers and companies luring investors into artificially high trade volumes

first published: Feb 19, 2013 08:26 am

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