Here are stocks that are in news today:
Moody’s Says:-US FDA import alert on Ranbaxy credit negative for Daiichi Sankyo
-See limited immediate impact of import alert on Ranbaxy Labs Violations of companies act seen in National Spot Exchange (NSEL): Sources
-Violations of Forward Contract Regulation Act (FCRA) also seen in NSEL
-Violations to attract criminal prosecution
-Some violations also liable for financial penalty DEA secretary says:
-To hold next NSEL review meeting tomorrow
-RBI, Enforcement Directorate (ED) have submitted reports on NSEL issue Government sources on NSEL:
-Mayaram panel finds no systemic implications
-Mayaram panel identifies laws violated by NSEL
-Panel suggests measures for systemic stability in spot market
-Mayaram panel evaluating making Forward Markets Commission (FMC) statutory body
-Evaluating amendment of FCRA to make FMC rules stringent
-Government cannot interfere in settlement for investors
-Panel not looking into Financial Technologies' stake sale in MCX
-Mayaram panel to meet again to conclude report Finance ministry sources say on NSEL issue:
-Expect Mayaram panel report to be finalised tomorrow
-Have found lot of actionable points in sub-panels' reports NMDC says:
-Around 150 meters of conveyor belt burnt in Naxal attack
-Belt restoration work has already been taken up
-Expect belt restoration work to complete within 3 days
Alert: Naxal torched conveyor belt in NMDC's Chhattisgarh plant
-Naxal attack will not affect production, despatches Holcim-Ambuja Deal: Ambuja Cements says
-Received observation letter from NSE on September 17
-NSE observations incorporate SEBI observations too
-SEBI observations: 2 steps of July 24 deals interdependent
-Both steps of the transaction were always inter-linked
-Seeks shareholder approval for both transaction steps
-Seeks shareholder nod to buy Holcim India stake Maruti Suzuki says:
-Minor fire reported at Manesar Powertrain plant
-No injury, production loss due to fire at Manesar plant
-Work at Manesar plant remains normal IIFL NCD update:
-Company raises Rs 530 crore in the first two days of issue
Alert: Base issue size for IIFL NCD is Rs 525 crore
-Issue fully subscribed; public issue open till October 4
Alert: Overall issue size of IIFL NCD is Rs 1,050 crore
Oil secretary:
-Discussed with Reliance Industries (RIL) issue of fall in KG-D6 gas production
-Discussed with RIL issue of company relinquishing some D6 area Axis Bank & HCL Technologies
-FIPB to consider proposals of Axis Bank & HCL Technologies to raise foreign shareholding limit today
-Would also consider 30 other proposals, including six from the pharmaceutical sector Shrey Chemicals
-Company to mull buying up to 24 percent in Trilogic Digital on September 26
-Company to also mull acquiring Shlok Media Ex-Dividend
-Gitanjali Gems Rs 3/share
-NMDC Rs 4/share
-Sun Pharma Rs 2.50/share
-Tech Mahindra Rs 5/share Other stocks and sectors that are in news today:
-Supreme Court to continue hearing in Goa mining case today
-Reliance Broadcast board okays delisting of company's shares
-Heidelberg plans to increase capacity to 15 mtpa in 3-4 years; plans to invest over Rs 8,000 crore
-Network18 Media: Promoter releases pledge on 1.5 crore shares on September 11 (Moneycontrol.com is part of the Network18 Group.)
-ARO Granite board approves bonus issue in ratio of 1:2
-Videocon Industries promoter to sell 0.61 percent stake or 18 lakh shares via offer for sale on September 24
-Cabinet Committee on Economic Affairs (CCEA) may take up premium recast of highway projects on Friday: PTI
-Promoter Suntrack Commerce pledged 1.6 million Emami shares on September 12
-Suzlon Energy sells 75 percent in China arm for USD 28 million to Poly LongMa Energy
-AGM: Power Grid Finance Ministry:
-Orders small-bore austerity measures across government departments
-Issues ban on creation of new government jobs in current fiscal
-Announces 10 percent cut in non-plan expenditure
-Bans government purchase of vehicles
-Foreign travel by government officials should be restricted
-Announces curbs on government seminars and conferences
-No meeting should be held in 5-star hotel
-Government officials must travel in economic class except apex officers
-Non-plan expenditure excludes interest payment, debt repayment
-Non-plan expenditure excludes defence capital, salaries, pension
-Non-plan expenditure excludes finance commission grants to states
-Do not fill up posts lying vacant for more than a year
-Holding of conferences abroad strongly discouraged Fertiliser ministry seeks Rs 12000 crore under special arrangement to pay subsidy: PTI
-Fertiliser ministry writes letter to finance ministry seeking Rs 12,000 crore of special banking arrangement (SBA).
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