HomeNewsBusinessStocksStocks in news: Ashoka Buildcon, Wheels India, FACT, APW

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
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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, 2013 Fresh 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 bill Land 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 bureaucracy Cabinet 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 investment Also Read: Bull's eye: Buy IFCI, Jet Airways, PTC India, short HDIL Spectrum 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 gas Bharti 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 quota Moody's
-Revises PNB's, Bank of Baroda and Canara Bank outlook to negative from stable
-Outlook revision on increased risk posed by asset quality Other 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
first published: Dec 14, 2012 08:02 am

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