Stocks in news: Hindustan Zinc, JP Power, TCS, Sesa Goa
Tata Motors | Hindustan Zinc | Jaiprakash Power Ventures | Brigade Enterprises | Coal India | Reliance Power | Jindal Steel | Infosys | TCS | Sesa Goa and SKS Microfinance are stocks, which are in the news today.
September 10, 2013 / 09:58 IST
Here are stocks that are in news today:
SKS Trust seeks commensurate directorship in SKS Microfinance: Sources
Alert: SKS Trust recently hiked stake in SKS Microfinance to 12.69 percentSources on SKS Trust:
-Company asked to induct Vikram Akula as additional director on SKS Microfinance's board
-Company asked to induct V Akula to board immediately as AGM delayedTelecom regulator cuts spectrum reserve price by 80 percent
-Telecom Regulatory Authority of India's (TRAI's) recommendations have come after two previous attempts at selling air waves or spectrum failed due to high reserve pricesGovt issues notification to bring commodity exchange under Finance Ministry: Network18 Exclusive
-Forward Markets Commission (FMC) to be under department of economic affairsTCS pips Infosys in large tax department deal
-Deal to set up & manage new software platform for tax department
-Infosys was also shortlisted for the 5-year deal
-Valuation of deal is likely at Rs 200 crore
-Project to help simplify taxation and eradicate tax evasion
-Software platform to be ready within 12 months
-TCS will also provide human resources management (HRM) across departments
-Project will enable E-filing, assessment & scrutiny Indian arm of MNCs to be in focus, RBI eases norms to hike stake
-Alstom, Cummins, GSK, Heidelberg, SKF India, Wyeth, HUL, Crisil etcCNG prices hiked by Rs 3.70/kg in Delhi: PTI
-Mahanagar Gas hikes price by Rs 3/kg in Mumbai
Goa to lift suspension on mining leases after Ganesh festival: PTI
-Around 24 mining leases to be signed in first phase
-Mostly mining leases belong to Sesa Goa, Chowgules, Salgaocars, othersGoa government says
-Withdrawal of suspension order does not mean that mining activity in those leases could resume
-Mine owners will have to wait for us to lift ban on exports & fresh extractionsInfosys Latin America BPO head Humberto Andrade quits
-Aniket Maindarkar to replace Andrade as LatAm BPO Head
Infosys says:
-Have undertaken certain reorganisation within company
-Reorganisation to further improve client focus and competitiveness
V Balakrishnan & Chandrashekar Kakal to get additional roles in company: Sources
-Consulting & Systems Integration to come under Chandrashekar Kakal
Alert: Chandrashekar Kakal was earlier heading business IT services
-Stephen Pratt will also run utilities and resources vertical in North America
-Growth markets to have a new reporting structure
-All country heads to report to life sciences head V G DheeshjithOther stocks and sectors that are in news today:
-Vedanta may sweeten Hindustan Zinc offer by 10 percent: BS
-Abu Dhabi utility eyes JP Hyro assets in HP: ET (Listed entity Jaiprakash Power Ventures to be in focus)
-Jyoti Structures okay’s issue of Rs 40 crore fully redeemable non convertible debentures
-Brigade Enterprises launches luxury residential project in Mysore
-Coal Ministry to department of divestment - Conditions not conducive for Coal India stake sale: From PTI
-Reliance Power pulls out of JV with Shell for LNG Terminal
-Jindal Steel & Power (JSPL) share buyback to begin on September 16, end on March 15
-Tata Sons appoints Nitin Nohria as non-executive director (Nitin Nohria is dean of Harvard Business School)Hero MotoCorp says:
-Investment in Rajasthan R&D centre at Rs 450 crore
-Company's three units to create direct employment for 3500 workers
-Three units to create indirect employment for 2500 workers
-Three units include global parts centre at Neemrana
-Three units include Rajasthan R&D centre and upcoming manufacturing plant
-Very bullish on festive season
-Supplying aggressively to dealers
-Will look at getting into motorcycles with 230cc engines
-Rajasthan centre to provide solutions for local and export markets 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!
