Here are stocks that are in news today:
Results Today - Cairn India,
Hero MotoCorp,
Yes Bank, Dabur, Ambuja Cement, Central Bank of India, Indiabulls Real Estate, Novartis India, Mahindra Lifespace, Mahindra Composite, Atul, United Phosphorous, Uniphos Enterprise, SKF India, RSWM, Orient Refractories, Kirloskar Brothers, Astra Microwave
RBI:
-Announces more measures to
address forex market volatility-Ups banks' daily minimum need of cash reserve ratio (CRR) to 99 percent from July 27
-Limits each bank's liquidity adjustment facility (LAF) access to 0.5 percent of net demand and time liabilities (NDTL) as on Friday
-Banks need to maintain daily CRR balance of 99 percent of requirement
Alert: Banks daily minimum need of CRR is 70 percent currently
-Limits each bank's LAF access to 0.5 percent of NDTL effectively today
-Rs 75,000 crore cap on LAF stands withdrawn
RBI says:
-Today's measures to curb forex market volatility
-July 15 steps had restraining effect on forex volatility
Tata Motors: Sources
-Management meets top dealers; showcases 8 new products
-May launch new products starting Q4FY14
-Product pipeline includes 4 Sedans
-Product pipeline includes 3 Hatchbacks
-Product pipeline includes 'New-Look' CNG Nano
-Pdts to be built on entirely new platforms
-To focus on fuel efficient cars
-New products to have both diesel, petrol variants
Department of Economic Affairs (DEA) reminds Jet Airways and Etihad to submit replies to queries: Sources
-DEA sent missive seeking information on July 10
-DEA sent second missive on July 19
-DEA wants Jet and Etihad to expedite replies
-Foreign Investment Promotion Board (FIPB) may consider Jet-Etihad proposal on July 29
-If no reply forthcoming, then FIPB may defer matter
-
Jet-Etihad yet to file revised shareholding agreement (SHA) with FIPB
-No decision unless revised SHA analysed
-Effective control issues need to be addressed
HDIL Vs MIAL:
-Bombay HC reserves judgment; arguments concluded
-Bombay HC asks all parties to file short notes
Other stocks and sectors that are in news today:
-
Kumar Birla quits RBI Board as group in race for banking license – Agencies
-
SpiceJet CEO
Neil Mills quits-
L&T seeks shareholders' nod to raise USD 600 million
-
Crisil (CMP Rs 1188) Voluntary open offer at Rs 1210, offer opens today, closes August 6
-
Adhunik Metaliks to merge into arm Orissa manganese and Minerals – DNA
-SC to hear
SEBI-Sahara matter – adjourned from 18th earlier
-
Diamond Power board meet to mull bonus issue of shares
-
Best Eastern (CMP Rs 27): Promoters to sell 14.6 percent shares via offer for sale today; floor price fixed at Rs 50/share
-FMC permits algorithmic trade in 100 gm gold contracts
GHCL Q1:
-Net profit at Rs 27.8 Crore Versus Rs 29.3 Crore (YoY)
-Net sales at Rs 504.5 Crore Versus Rs 550 Crore (YoY)
Coromandel International Q1:
-Consolidated net profit at Rs 21.4 Crore versus Rs 115 Crore (YoY)
-Consolidated total income at Rs 1,898 Crore versus Rs 1,855 Crore (YoY)
-Consolidated EBITDA at Rs 109 Crore versus Rs 211 Crore (YoY)
-Consolidated EBITDA margin at 5.8 percent versus 11.4 percent (YoY)
Andhra Pradesh Paper Q1:
-Net profit at Rs 8.13 Crore versus loss of Rs 15.8 Crore (YoY)
-Net sales at Rs 256.3 Crore versus Rs 186.6 Crore (YoY)
3M India Q1:
-Net profit at Rs 12.6 Crore versus Rs 16.7 Crore (YoY)
-Net sales at Rs 413.5 Crore versus Rs 401.8 Crore (YoY)
Wabco India Q1:
-Net profit at Rs 35.4 Crore versus Rs 41.8 Crore (YoY)
-Net sales at Rs 249 Crore versus Rs 238 Crore (YoY)
Finance ministry sources say:
-May cut duty drawback rates
-FM to Tax deparment: Rupee depreciation has increased receipts
-FM to Tax deparment: Should look at reducing drawback rates
-Tax deparment to examine if it can cut rates retrospectively from April 1
-Saumitra Chaudhuri to submit report on rates within a month
