Stocks in news: Ashoka Buildcon, Wheels India, FACT, APW
Ashoka Buildcon | Wheels India | Coromandel International | Honeywell Automation | FACT and APW President Systems are stocks, which are in the news today.
December 14, 2012 / 09:15 IST
Here are stocks that are in news today:
APW President Systems delisting floor price Rs 164 a share
-Company not willing to pay more than Rs 195/share (CMP Rs 244)
-Bid opens on January 3, closes on January 9, 2013Fresh round of reforms; Cabinet clears
-Land acquisition bill
-Committee on investment (new avatar of NIB)
-Urea investment policy
-Finalises spectrum policy
-Cabinet okays amendments to judicial accountability billLand Bill
-70 percent owners ok must for public projects
-80 percent owners ok must for private projects
-Compensation to be double the market rate in urban areas, 4 times in rural areas Executive director at DLF, Rajeev Talwar on Land Bill
-Net present value needs to be determined in terms of costs
-Business viability, cost of projects to go up under land bill
-Land bill will create extra burden on bureaucracyCabinet committee on investment
-PM to head cabinet committee on investment
-Cabinet investment panel to fast-track nod to mega projects
-To fast-track projects with Rs 1000 crore plus value, initially the infra ones
-To give timeline within which ministries would take decision
-All infra ministries in cabinet com on investmentAlso Read: Bull's eye: Buy IFCI, Jet Airways, PTC India, short HDILSpectrum Policy
-900 mhz and 1800 mhz to be auctioned together
-Cabinet okays 30% cut in base price in 4 circles
-Plan for another round of spectrum auction
-Fresh spectrum sale at lower base price
-To re-auction 900 mhz band in Delhi, Mumbai and Kolkata circles Urea investment policy
-To give 12-20 percent post tax returns on fresh capital infused in Greenfield projects
-Expects investments of Rs 35000 crore
-Investments for 8 million tonne capacity said to be lined up
-Subsidy reimbursement cap on urea said to be raised to USD 20/mbtu
-Cabinet gives FACT time till June 2013 to shift to gasBharti Infratel IPO
-Issue closes today
-Overall issue subscribed 1.21 times; QIB 2.89 times, Retail 0.06 times, NII 0.1 times SEBI on flash crash
-Puts in place guidelines, risk controls to prevent flash crash
-Stock Exchanges not to accept any order more than Rs 10 crore
-Stock Exchanges to ensure brokers implements value/quantity checks
-Brokers to cap unexecuted orders below threshold limits
-10 percent dynamic price band for F&O, index stocks
-Dynamic price band to be hiked in increments of 5 percent
-SEBI put brokers in risk-reduction mode once they reach 90 percent of collaterals RBI Deputy Governor says - PTI
-RBI expects inflation to moderate further in 2-3 months
-This may lead to cut in interest rates by the RBI
-'We are trying to bring down inflation'Honeywell Automation offer for sale, floor price set at Rs 2150/sh
-Parent to sell 6.5% stake in offer for sale window today Food Minister
-Hope to eventually scrap non-levy sugar quota
-Aim to move to half-yearly non-levy sugar quotaMoody's
-Revises PNB's, Bank of Baroda and Canara Bank outlook to negative from stable
-Outlook revision on increased risk posed by asset qualityOther stocks and sectors that are in news today:
-Coromandel International to acquire Liberty Phospates: DNA
-Titan Europe makes open offer for 14.38 percent of Wheels India stake at Rs 725.38/share (CMP Rs 748)
-Oil marketing companies to float Rs 3500 crore global tender for ethanol: ET
-Government extends deadline for sale of October-November sugar quota till December 31: Sources
-SFIO asked to probe fraud by 83 companies: PTI (Companies include Ambuja Cements, ACC, Ultra Tech and Sesa Goa)
-PFC's Rs 4590 crore tax-free bond issue opens today
-Power companies to cut rates after Calcutta HC ruled that regulators cannot fix provisional tariffs: ET
-Ashoka Buildcon loses a road toll contract in Maharashtra: ET
-BSE to launch first ever SME Index today 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!
