Here are stocks that are in news today:
Fuel price hike-Petrol prices hiked by Rs 2.35/l excluding value added tax (VAT) (BPCL, HPCL, IOC in focus)
-Diesel Prices hiked by Rs 0.50/l excluding VAT IOC says:
-See company's FY14 revenue loss on fuel sale at Rs 76,000 crore
-See PSU companies' FY14 revenue loss on fuel sale at Rs 1.44 lakh crore
-Currently losing Rs 12.12/litre on retail diesel sale MCX says:
-Venkat Chary resigns as Chairman
-CM Maniar, Prakash Apte, Shvetal Vakil resign as directors
-Chairman Venkat Chary to step down due to age limit criteria
-Lambertus Rutten, PR Barpande resigns as directors
-Earmarked Rs 232 crore for settlement guarantee fund
-Forward Markets Commission (FMC) nominates Santosh Kumar Mohanty as independent director
CNBC Awaaz exclusive economic offences wing (EOW) official:
-Have initiated preliminary enquiry into National Spot Exchange (NSEL) case
-Have collated all required details
-Will summon all NSEL officials including Jignesh Shah soon
-Will also summon directors of all defaulting companies
-NSEL filed complaint against former CEO Anjani Sinha
-Have to complete investigation into NSEL issue within 2 months August Auto Sales: Tata Motors Y-o-Y
-Total sales at 49,611 units versus 71,826 units
-Domestic sales at 44,717 units versus 67,453 units
-Exports at 4,894 units versus 4,373 units August Auto Sales: M&M Y-o-Y
-Total sales at 37,897 units versus 45,836 units
-Domestic sales at 35,159 units versus 42,826 units
-Passenger vehicle sales at 15,821 units versus 21,831 units
-Exports at 2,738 units versus 3,010 units August Auto Sales: TVS Motor Y-o-Y
-Total sales at 1,55,532 units versus 1,54,647 units
-Total 2-wheeler sales at 1,48,469 units versus 1,50,740 units
-Domestic sales at 1,27,095 units versus 1,35,513 units
-Exports at 27,425 units versus 17,934 units
Considering buybacks in NHPC, NTPC and Coal India: Finance ministry sources say
-Divestment, ETFs to begin once market stabilizes ONGC Videsh Q1 (Y-o-Y)
-Net profit up 72 percent to Rs 837 crore versus Rs 487 crore
-Crude oil production up 16 percent to 1.335 million tonne
-Natural gas output up 19 percent to 0.807 billion cubic meters Muthoot Finance
-Public issue of secured and unsecured, redeemable, NCDs opens today
-Face Value of Rs 1000 each, aggregating upto Rs 150 crore, with an option to retain another Rs 150 crore Annual general meetings today
-Indraprastha Gas
-Wockhardt Hero MotoCorp: Sources
-Company's Haridwar unit workers call for strike
-No production at Haridwar plant on Friday & Saturday
-Haridwar workers demanding creation of new union body
Alert: Haridwar plant has over 3,000 workers including contract
-Currently, Haridwar plant only company facility with no workers union
Alert: Hero Motocorp has 3 plants; Gurgaon, Daruhera & Haridwar
-Issue arose when management sacked 1 worker on disciplinary grounds Hero MotoCorp to CNBC-TV18:
-Served show-cause notice to one worker on Friday
-Notice issued for misrepresenting facts
-Handful of misguided workers abstained from work in protest
-Impact on production was very insignificant
-Confident of quick resolution of matter
-Stand firm in adherence to code of conduct
-Issues with workers have been amicably resolved
-All protesting workers have returned
-Despatches from Haridwar plant going on Banking secretary says:
-A discussed non-performing assets (NPAs), debt recast & financial inclusion with banks
-Advised banks to reduce NPAs
-No consideration for wilful loan defaulters
-Rupee heavily undervalued at the moment
-Have a plan for capital infusion in PSU banks
CNBC-TV18 Exclusive: Govt sources
-Coal Ministry seeks law ministry & Attorney General views on coal banking
Sources say opinion sought on:
-Disposal of surplus coal produced by captive mines
-Whether coal banking permissible under coal mines act?
-Whether govt empowered to frame coal banking policy?
-Whether banked coal can be deemed as transferred to Coal India?
-Attorney General & Law ministry can offer any other advice they want
-BK Chaturvedi panel to submit coal banking report in 30 days Other stocks and sectors that are in news today:
-Bharti Airtel in talks to acquire Loop telecom: ET
-Cooper Tire says shareholders to vote on September 30 on acquisition by Apollo Tyres: Reuters
-Fortis Healthcare promoter gets 4.07 crore pledged shares released
-Govt appoints MO Rego as Deputy MD, IDBI Bank with immediate effect
-Govt may relax gold import norms soon: Sources Consumer price index (CPI) data: July CPI industrial workers inflation at 10.85 percent Gross domestic product (GDP) Q1FY14
-GDP at 4.4 percent versus 4.8 percent (Q-o-Q)
-GDP at 4.4 percent versus 5.4 percent (Y-o-Y)
-Services growth at 6.6 percent versus 6.6 percent (Q-o-Q)
-Services growth at 6.6 percent versus 7.7 percent (Y-o-Y)
-Industry growth at 0.2 percent versus 2.7 percent (Q-o-Q)
-Industry growth at 0.2 percent versus 1.8 percent (Y-o-Y)
-Agriculture growth at 2.7 percent versus 1.4 percent (Q-o-Q)
-Agriculture growth at 2.7 percent versus 2.9 percent (Y-o-Y)
-Construction growth at 2.8 percent versus 7 percent (Y-o-Y)
-Manufacturing sector growth at -1.2 percent versus -1 percent (Y-o-Y)
-Mining growth at -2.8 percent versus 0.4 percent (Y-o-Y)
-Electricity growth at 3.7 percent versus 6.2 percent (Y-o-Y)
-Trade, hotels growth at 3.9 percent versus 6.1 percent (Y-o-Y)
-Private consumption rises by 1.6 percent
-Exports contract by 1.2 percent
-Capital formation contracts by 1.2 percent
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!
