HomeNewsBusinessStocksStocks in news: Rel Infra, M&M, Sun Pharma, Jet, Rel Power

Stocks in news: Rel Infra, M&M, Sun Pharma, Jet, Rel Power

Coal India | Gayatri Projects | United Phosphorous | ONGC | Tata Motors | Reliance Infrastructure | M&M | Sun Pharma | 3i Infotech | Jet Airways | Jaiprakash Power | Reliance Power and Godrej Industries are stocks, which are in the news today.

December 18, 2012 / 11:20 IST
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Here are stocks that are in news today:

Credit Policy today: Consensus is going for a CRR cut  Jaiprakash Power accelerated global tender launched: Sources to CNBC-TV18
-JP Infra Ventures to sell 5 crore shares via AGT
-Option to upsize by additional 5 crore shares
-AGT price band at Rs 39-41.50/share Reliance Power
-Promoters to sell 5.42 percent in company via offer for sale (OFS) on December 19
-Floor price shall not be publicly disclosed by sellers
-Axis Capital sole broker to Reliance Power stake sale Godrej Industries says
-Temasek to invest Rs 572 crore in Godrej Agrovet for 19.9 percent stake
-Temasek values Godrej Agrovet at Rs 2850 crore Kingfisher Airlines-lenders meet
SBI says
-Did not discuss sale of non-core assets with Kingfisher
-Kingfisher yet to submit detailed long-term business plan
-Special bank group to monitor Kingfisher's revival plan
-Kingfisher tells SBI that company does not need more funds from lenders to resume operations
-Kingfisher tells SBI that company needs Rs 425 crore to restart partial operations Also Read
Market watch: All eyes on RBI's credit policy today
Bull's eye: Buy Voltas, Jet Airways, DB Realty Jet-Etihad executives evaluated deal contours over weekend: Sources
-Etihad Airways planning to pick up 24 percent stake in Jet Airways
-If deal inked, Jet Airways to shift international base to Abu Dhabi
-Etihad Airways executives to meet Kingfisher as well
Government sources say
-Etihad stake buy talks with Kingfisher, Jet Airways in final stages
-Etihad to finalise India partner by next week
-Jet Airways, Kingfisher to make presentation to Etihad on stake sale Finance Ministry to announce capital infusion for PSU banks shortly: Sources to CNBC-TV18
-SBI to get Rs 3000 crore of capital infusion; PNB to get Rs 1000 crore
-Bank of India, United Bank, IDBI, Syndicate Bank to also get capital
Alert
-Rs 15600 crore budgeted for capital infusion this fiscal Disinvestment Secretary DK Mittal says
-Hindustan Zinc, BALCO stake sales to be put forward to Cabinet soon
-No IPOs expected in FY13 81 securities included in T2T group w.e.f. December 21
-Includes 3i Infotech, Moser Baer and Piramal Lifesciences  Other stocks and sectors that are in news today:
-Sun Pharma acquires URL business from Takeda (deal size not disclosed)
-Reliance Infrastructure’s Rs 11000 crore phase II Mumbai metro project faces termination in absence of substantial progress: BS
-M&M in advanced negotiations to buyout Navistar stake in the 51:49 commercial vehicle JV: TOI
-United Phosphorous has completed in buyback of 1.92 crore shares for Rs 223.4 crore at an average price of Rs 116.4/share
-ConocoPhilips in talks to buy stake in ONGC blocks: BS
-Tata Motors on an austerity drive as demand dips: ET
-Gayatri Projects raises Rs 75 crore via QIP
-RBI allowed real estate developers and housing finance companies to raise USD 1 billion abroad for low cost housing projects: ET
-Government says Coal India submits preliminary plan to develop 119 mines
-Change in Circuit Filter: Kolte Patil - 10 percent
-South Korea’s Doosan Heavy Industries & Construction Co Ltd said on Tuesday it won a 600 billion order from NTPC Ltd to provide two boilers for use at a power plant in Chhattisgarh, India: Reuters Divestment dues to be used for PSB and insurance companies’ recapitalisation: Sources to CNBC-TV18
-Finance Ministry moves cabinet committee on economic affairs CCEA with proposal on National Investment Fund
-Divestment dues to be used for share buys in PSU rights issue
-Divestment dues also for preferential share allotment of PSUs to GoI
-Present fund managers of PSUs to be discharged of work
Alert
-National Investment Fund (NIF) fund managers are UTI, SBI and LIC AMCs
-NIF to come into consolidated fund of India
-NIF corpus at Rs 1814 crore on August 31, 2012
-New empowered group of ministers led by FM to decide use of NIF proceeds
-Government to provide Rs 17474 crore for PSB recapitalisation in FY14
first published: Dec 18, 2012 08:08 am

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