Results Today: NTPC, Ashok Leyland, Apollo Tyres, Rcom, Cummins India, Central Bank, Punj Llyod, Claris Life, Sobha Developers, Essar Oil, Geodesic, Balrampur Chini, Varun Shipping, Shriram EPC, Pennar Inds, Hindustan Compo, Graphite India and Electrosteel casting.
Coal India divestment scheduled for FY14
IMG Agrees On 10% Stake Sale In Coal India: PTI
IMG Okays EoI For Legal Advisor, M-banks For CIL Divestment
Coal India Divestment Decision To Be Taken By CCEA
IMG To Monitor Situation As CIL Unions Opposing Divestment
HMT says
Govt’s recast plan to be implemented in phased manner
CNBC-TV18 Alert: Cabinet approved Rs 1,083 cr HMT revival package last month
Got govt nod to sell surplus land as part of revival plan: HMT
Bajaj Hindusthan, Educomp, MTNL, Aban Offshore, Glenmark Pharma, ITDC, Motilal Oswal Fin to be excluded from S&P BSE Mid Cap Index from May 13
SREI Infra, MphasiS, EIL, GMR Infra, Torrent Power, Indian Bank, Triveni Turbine to be included in S&P BSE Mid Cap Index from May 13
Nirmal told to complete Shree Rama Multi Tech open offer, with SC rejecting plea, Nirmal will have to make open offer at Rs 18.6/sh
Wipro says
SEBI okays share transfer to trust to meet public shreholding norms
CNBC-TV18 Alert: Wipro required to sell stake from Independent trust within 2 years
Other stocks and sectors in the news
Indian Hotels seek nod to hive off international operations – ET
Rolta to raise Rs 1000 cr in Singapore
CCI to probe Cipla, 4 others for anti-competitive practices in HP – ET
Gammon Infra gets nod to bid for port projects – ET
Fortis Healthcare to raise USD100m from IFC – BS
Tata Motors raises USD 285m in Singapore dollar bond
SAT stays Emkay payout till next hearing
Kotak Mahindra Bank gets shareholders’ approval to issue 2 cr shares to Heliconia at Rs 648/Sh
HT Media to mull buyback of shares on May 14
REIL Electricals board okays delisting plans; to seek shareholder nod
Astral Poly Technik to mull stock split on May 20
Bosch goes ex date to announce Dividend at Rs 60/sh
RIL goes ex date to announce Dividend at Rs 9/sh
ONGC may loose USD10 bn global bids to rivals - TOI
United Bank lead consortium put e-auction notice to recover Rs 3000 cr loan to Zoom Developers
Gati Q3
Cons Net Profit at Rs 5.7 Cr Vs loss of Rs 3.5 Cr (YoY)
Cons Income from ops at Rs 265.3 Cr Vs Rs 221.3 Cr (YoY)
Gati divests 40% stake in arm Gati Ship
Deepak Nitrite Q4
Net Profit at Rs 9.4 Cr Vs Rs 9.1 Cr (YoY)
Net Sales at Rs 305 Cr Vs Rs 249 Cr (YoY)
Escorts Q2
Net Profit at Rs 37.5 Cr Vs Rs 23.2 Cr (YoY)
Net Sales at Rs 997 Cr Vs Rs 1,026 Cr (YoY)
Zuari Global
Q4 net profit at Rs 1.5 Cr Vs loss of Rs 9.7 cr (YoY)
Q4 net sales at Rs 22.6 cr Vs Rs 23.5 cr (YoY)
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