HomeNewsBusinessStocksStocks in news: Coal India, SKS Micro, Suzlon, Essar Oil

Stocks in news: Coal India, SKS Micro, Suzlon, Essar Oil

Kingfisher | Coal India | SKS Microfinance | ONGC | Suzlon | HCC | Essar Oil and Dr Reddy's Labs are stocks, which are in the news today.

June 25, 2012 / 10:28 IST
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Here are stocks that are in news today:

Finance Minister Pranab Mukherjee
-Indicated steps would be announced with respect to economy, in consultation with RBI
-Indicated stepping up on reforms, FDI, rupee and cabinet reshuffle
-Talks on dollar denominated infra bonds – buzz
 
Government says: DowJoneswire
-Will take steps to boost exports, increase Dollar flows
-May cut excise duty on some products to boost local demand
-No decision yet to raise foreign investments limit in bonds PMO asks for removal of 3-year moratorium on fuel supply agreements: Sources
-PMO agrees to 65% trigger lever for the first 3 years
-Increase triggers level from 4th year in between 65-80%
-PMO in favour of pre-2009 level of penalty
-Make up for the shortfall of coal through imports
-Coal India asked to work on price pooling and discuss with companies
-Import of coal through state trading agencies Gujarat HC bench disqualifies Essar Oil case: PTI
Alert- Essar Oil had filed petition seeking state government to allow repayment in instalments and waive interest in relation to its sales tax deferment liability Dr Reddy's Labs sources say: Newswire18
-Rebuilding product portfolio for Europe 
-Europe product revamps to ease pricing pressure
-To focus on chronic therapy drugs in Germany
-May move away from drug tenders in Germany Other stocks and sectors that are in news today:
-Coal India hikes prices in select Western blocks by 10-15%: PTI
-Suzlon sells China unit for Rs 340 crore
-ONGC is mulling to list ONGC Videsh Ltd next year to raise funds for acquisitions: FE
-AP high court has issued an interim order suspending the DRDA’s notice to cancel SKS Microfinance’s registration in Mahabunagar district: BS
-GVK has launched legal proceedings against Kingfisher Airlines for dishonored cheques: ET
-Jet Airways has sought govt approval to reduce flights to the north east by half to cut losses: BS
-MahaGenco has taken Coal India arm to the competition tribunal: BS
-Tata Communications is eyeing deals in the UK and US: FE
-Maruti has started trail runs of a new 800cc car: Mint
-Govt revives plan to convert Rs 523 crore IFCI debt into equity: ET
-SAIL to pay Rs 200 crore to fund CRPF presence at mines in Chattisgarh: ET
-RINL approaches Steel Ministry to defer IPO: PTI
-Cyrus Mistry joins Tata Global as non-executive director effective June 22nd -SBI Chairman meeting on Kingfisher Airlines scheduled next week Prime Minister Manmohan Singh says
-Cabinet reshuffle is a legitimate expectation
-No international solutions to India's problems
-Have to work harder to restore fiscal balance
-Reaches out to foreign investors; promises end to obstacles
-India needs FDI & portfolio capital inflows
-Urgent attention required by all on whatever the RBI says
-No fear of stagflation, confident of 7% GDP
-Confident Rupee to return to a more stable path 2G Spectrum DoT sources say 
-Reserve price linked to cabinet decision on spectrum pricing
-May move cabinet note on spectrum pricing policy next week
-Draft Cabinet Note proposes to levy market discovered spectrum price on telcos
-Market determined price may be charged on reframed spectrum
-Market determined price likely to be charged for remaining license period prospectively
first published: Jun 25, 2012 08:12 am

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