Here are stocks that are in news today:
Cabinet committee on economic affairs (CCEA) clears Jet Airways-Etihad dealAjit Singh says
-CCEA has cleared Jet-Etihad deal
-CCEA clearing Jet-Etihad good for aviation, passengers
-Deal took time as it went through regulatory agencies Wipro announces organisational changes
Wipro says
-Shaji Farooq to be head of BFSI
-Soumitro Ghosh to lead Wipro InfoTech
-GK Prasanna to Head Global Infrastructure services Coal India says
-Company to pay performance linked bonus to workers by October 9
-FY13 total bonus payout seen over Rs 1,000 crore Tata Power
-To set up 400 MW Hydel plant in Georgia
-To set up 185 MW in phase 1 of 400 MW Georgia Hydel plant Govt mulls wider play for airport bids; unlikely to insist on past experience: Government sources
-GMR Infrastructure and GVK Power believed to be keen on experience clause
-Open to allowing new players to bid for 6 AAI airports
-Past experience not necessary for bidding for airports
-Unlikely to change key experience clause in master concession agreement (MCA)
Alert: GVK & GMR opposed to experience relaxation
-Winners would need to retain existing AAI staff
-'Once staff incorporated, past experience not necessary'
Alert: 6 airports include Chennai, Kolkata & Lucknow, Ahmedabad, Guwahati, Jodhpur
-Issues discussed at planning commission meeting yesterday
Alert: Tatas exploring possible entry into airports
Alert: Big boost for Tatas; keen on airports after airline foray Other stocks and sectors that are in news today:
-Banks to cut interest rates in some sectors by at least 1%: Finance ministry sources
-TPG eyes minority stake in Manappuram Finance: ET
-Tata’s SREI mull stake sale in Viom: ET
-Rajesh Exports blames MCX for misuse of account, says company suffered Rs 50 crore loss, files criminal complaint
-Denso India fixes delisting price of Rs 145/share
-SC adjourns Goa mining case till October 22
-NHPC says proposing to raise Rs 1,000 crore through public issue of tax-free bonds
-CRISIL cuts rating outlook on Jindal Saw FDs to 'negative' NSEL issue: Bombay High Court
-Grants temporary relief to Lotus Refinery in NSEL case
Alert: Advaya legal is advising Lotus Refinery in case against NSEL
-Appoints receiver to inspect warehouses of NSEL
-Asks receiver to submit report within 2 weeks
-NSEL to maintain status quo w.r.t. goods in question
-NSEL likely to refer Lotus Refinery dispute to arbitration
-Bombay High Court to hear NSEL against Lotus Refinery case on October 18 Forward Markets Commission (FMC) bars NSEL, group companies from commodity auctions
-FMC raises concerns on NSEL’s auction, bidding process
FMC says
-Got complaint former MD's companies bid at NSEL’s auction
-5-member panel to oversee future auctions of NSEL
-FMC bars bidding by NSEL group cos, associates in auction
Alert: NSEL recently auctioned castor seed, sugar stock NSEL on e-Series:
-No commodity, funds pay-in & pay-out on October 3 and 4
-Not to derive or disclose any redemption price on October 3 and 4
-Units transferred to NSEL pay-in account through company shall be transferred back
-For unit holders having CDSL account, units can be retained by members Finance ministry says
-Governor Rajan discussed credit growth with FM
-Credit growth sluggish in some sectors
-Government to enhance capital infusion in banks
-Decided in principle to up capital infusion in PSU banks
-Capital infusion in PSU banks to be beyond budgeted Rs 14000 crore
-Additional capital infusion to enable lending at lower rates
-Lending at lower rates to stimulate demand
-More capital will help banks to up lending to 2-wheelers, consumer durables
-More lending by banks will boost capacity, jobs & output
-FY14 capital infusion in banks to be 'enhanced sufficiently'
-Lower interest rates will depend on lending capacity of banks
-Extra capital to banks to hinge on lending capacity
-Will meet banks to understand sectors that need demand push
-Banks to decide on sectors where lower rates will boost demand SEBI oks pre-emption rights, ROFR, tag/drag rights in SHAs/AoA
-SEBI permits call & put options in SHA/AoA, subject to conditions
-SEBI says conditions includes 1-year holding period & actual delivery
Alert: ROFR: Right Of First Refusal
Alert: SHA: Shareholder Agreement
Alert: AoA: Articles Of Association
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