Here are stocks that are in news today:
Kingfisher Airlines (KFA): Agencies
-In talks with 1 investor for restart of operations
-Seeks USD 234 million damages from engine supplier IAE
-KFA says IAE supplied defective engines to company
M&M August
-Domestic tractor sales at 13,543 versus 17,771 units (MoM)
-Tractor exports at 615 units versus 698 units (MoM)
-Total tractor sales at 14,158 units versus 18,469 units (MoM)
-M&M arm Ssangyong Sales at 11,610 units in August, up 27.1 percent (YoY)
Escorts August auto sales
-Total tractor sales at 3,911 units versus 6,790 units (MoM)
-Domestic tractor sales at 3,823 units versus 6,743 units (MoM)
SBI-Ups stake in Bank State Bank of India, Indonesia (BSBII) to 99 percent
-Buys 23 percent stake in BSBII from PT Ravindo Jaya
CBI opposes Shahid Balwa's plea in 2G spectrum case: PTI
Alert: Shahid Balwa sought exemption from personal appearance
Radico Khaitan-Has begun preliminary talks to sell a minority stake to Japan’s oldest liquor co Suntory Holdings: ET
-The Japanese spirits major is expected to pay close to Rs 870 crore for 26 percent stake
Alert: Current market capitalisation of Rs 1600 crore; deal buzz values the company close to Rs 3500 crore
Other stocks and sectors that are in news today:
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Bharti Airtel revises some post paid mobile rates effective September 8: PTI
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Financial Technologies in focus: NSEL’s third payout day today
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Hexaware Technologies open offer to begin on October 18, end on October 31
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SAIL August steel product sales at 1.09 mt versus 0.93 mt (YoY)
-RBI says: FIIs share purchase limit in
Tech Mahindra raised to 35 percent
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Coromandel Engineering to mull rights share issue on September 5
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Religare Enterprises to acquire Macquarie stake in wealth management JV
-Telecom minister Kapil Sibal's meeting with
telecom companies' leaders deferred till September 11: PTI
-BIFR approves merger of Bharat Heavy Plate & Vessels with
BHEL-
Diamond Power bags order worth USD 30.48 million
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Bank of India sells 5.25 lakh shares of MCX at Rs 393/share
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NTPC set to aggressively bid for Rs 40000 crore worth of UMPPs in Orissa and Tamil Nadu: ToI
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DLF's subsidiary DLF Brands has ended its agreement to sell Italian company Alcott’s collection: ET (Brand said to be not performing too well in India)
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Mahindra Lifespace plans to raise about Rs 400 crore funds by issue of shares to institutional investors (QIP Route): ET
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ACC to invest Rs 600 crore for setting up a 15 lakh tonne factory at Kharagpur: ET
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ONGC/
Essar Oil - Both shortlisted to bid for development of Iraq’s USD 4.4-billion Nassiriya oil field and the construction of a new 3,00,000 barrels per day refinery: ET
-Supreme Court to hear
GAIL Plea against Gujarat Petronet today (GAIL had filed petition seeking termination of gas sale agreement with GSPCL)
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Zensar Technologies has appointed an investment banker in New York to scout for acquisition between USD 25 million and USD 75 million in US: BS
Wockhardt Chairman Habil Khorakiwala
-Issues at Waluj plant an inexcusable lapse
-Have taken corrective and pre-emptive measures
-Appointed senior professional as head of quality
-Advisors & consultants to help adhering to good manufacturing practise (GMP) practices
-Initiated internal and external compliances training program
-Responded to US FDA's form 483 on Chikalthana plant
-Seeking meeting with USFDA and MHRA to discuss progress
-Drugs Controller General of India (DCGI) inspected Chikalthana plant, did not find any issues
-Revisiting plan to shift production from Waluj to Chikalthana
-Shifting new production filings from Waluj to Shendra
-Expecting USFDA inspections of Shendra in October 2013
-Laid quality compliance measures at Waluj
-To expand new quality systems across all plants
-Replaced company's head of quality, now reports directly to MD
