Here are stocks that are in news today:
Results Today:
Mphasis,
Rolta IndiaRBI launches foreign exchange (FX) swap window for PSU oil marketing companies
RBI says
-FX swap window to meet all daily dollar demand of PSU oil companies
-To buy/sell dollar/rupee swaps for fixed tenor with PSU oil companies
-Will undertake sell/buy dollar/rupee through a designated bank
-FX swap facility to get operationalised immediately
-FX swap facility will remain in place until further notice
Infosys says
-Ashok Vemuri steps down as global head - manufacturing & engineering services
-Sanjay Jalona to replace Ashok Vemuri as global head - manufacturing & engineering
Alert - Ashok Vemuri to join iGate as CEO: Reports
Bharti Airtel-Seeks shareholders’ nod to sell data centre operations to Nxtra data
-To sell data centre to arm Nxtra for Rs 177 crore
Bharti Airtel-Announces senior level management changes for Africa operations
-Manoj Kohli will relocate to India w.e.f. January 1, 2014
Alert: Manoj Kohli is currently based at company's Africa headquarter in Nairobi
-Christian De Faria to join Airtel Africa on September 16
-Faria to assume role of CEO-Airtel Africa from January 1, 2014
NSEL Investor Forum
-Writes to Consumer Affairs Ministry
-Alleges Forward Markets Commission (FMC) acting in favour of National Spot Exchange (NSEL)
NSEL fiasco -One special group and two working groups begin probe into issue
-Finance ministry oversight of commodity issues begins in earnest
-Special group of Department of Economic Affairs (DEA) secretary, including MCA Consumer Affairs secretary and revenue secretary
Alert: First working group of eight members chaired by Enforcement Directorate (ED) director
-ED group to focus on Foreign Exchange Management Act (FEMA) & Prevention of Money Laundering Act (PMLA) issues
-ED group examining violations NSEL, associates, participants
Alert: Second working group of four members chaired by RBI deputy governor
-Second group to suggest measures to prevent systemic impact
-Working groups to submit report in two weeks from now
NSEL founder Jignesh Shah says
-Need to chase 24 defaulted borrowers
-Need to follow process of law
-Board of NSEL has constituted a crisis management team
-'We will honour all commitments'
-'There have been lapses at NSEL, we will fix those'
-Extending full co-operation to forensic auditor
Other stocks and sectors that are in news today:
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Shree Renuka Sugars may sell stake in Brazalian unit to pare debt, mandates Standard Chartered: TOI
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Elder Pharma board meet today (may announce slum sale of domestic business)
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Financial Technologies: CM Maniar, N Balasubramanian resign as Directors
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Power Grid board approves investments worth Rs 209 crore
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Container Corporation board to mull bonus issue in ratio of 1:10 on September 12
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JK Paper hikes product prices by 5 percent to offset rising input cost: PTI
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Pioneer Distilleries open offer at Rs 64, open on August 30, closes on September 13
-Petroleum and Natural Gas Regulatory Board (PNGRB)-
Indraprastha Gas (IGL) case listed for hearing on today at SC
SEBI -Issues norms on trading by employees of credit rating companies
-Rating companies to have systems, policy to avoid conflict of interest
-Rating company, staff must not take advantage of sensitive information
Lok Sabha session-RTI Amendment Bill may come up for discussion in Lok Sabha today
-Lok Sabha to consider passage of Land Bill today
