Here are stocks that are in news today:
NTPC sources say-Decision on signing fuel supply agreements (FSAs) deferred by company's board
-Deferment due to lack of clarity on FSAs from Coal India (CIL)
-FSAs to be discussed by company's board post clarification from CIL
-NTPC to stick to deadline for inking FSAs
Alert
-NTPC to sign FSAs with CIL for 30 mt of coal; board met today DGCA sources on Kingfisher Airlines (KFA)
-Seeks more details from KFA on its finances
-Asks KFA how it will garner funds for payment of dues
-Have asked KFA for commitment on funding
-Will like to see assurance from UB group on funding
Alert
-KFA VP Hitesh Patel met DGCA earlier KFA pilots send fresh missive to management over dues
-KFA pilots write to management on December 24 on unpaid salaries
-Pilots yet to get May salaries as promised
-No communication from KFA management on dues Airport Authority of India (AAI) says
-KFA should clear Rs 300 crore dues before restarting operations: TOI Also Read
SP Tulsian sees Nifty near 6100 by mid-Jan; picks 4 stocks
Bull's Eye: Short HDIL, L&T, RIL; buy Escorts Wipro CFO says
-No change in leadership of both infra and consumer care biz
-'Demerger to help us run our biz cost effectively'
-'Demerger to help run our biz with taxation point of view'
Alert
-Wipro EGM held for approval of demerger Ambuja Cements
-To expand capacity in West Bengal to 2.4 million tones at an investment of Rs 325 crore: PTI
-Plans to invest Rs 2000 crore in cement capacities in Rajasthan and in other northern region: DNA Other stocks and sectors that are in news today:
-Piramal Group is in advanced talks to buy TPG’s 20.27 percent stake in Shriram Transport Finance: ET
-Reliance Communications calls for lower base price in CDMA auction: ET
-City Union Bank rights issue closes today
-HDFC Bank cuts base rate by 10 basis points ahead of RBI meet: FE
-SEBI has objected to a plan by Blackstone to reclassify the Hinduja family, founders of Gokaldas, as public shareholders, instead of promoters: BS
-Chettinad Cement board approves delisting (CMP Rs 978/ share, Promoter stake at 88.44 percent)
-Amrit Banaspati delisting for 18.97 lakh shares via reverse book building process, offer opens on January 18, closes January 23 (CMP Rs 148/share) RBI extends date of implementation of Basel III, by three months to 1 April: PTI
-Basel-III was to be implemented from January 1 RBI releases Financial Stability Report
RBI report says
-Global risks high on US fiscal cliff resolution delay
-Local growth risks due to persistently high inflation
-Domestic growth risks from fall in domestic savings
-External sector imbalances remain a worry
-Rising gold imports have worsened current account gap
-Lower share of savings invested in financial products
-Rupee exchange volatility high against other currencies
-Banks' capital positions comfortable
-Banks' asset quality deterioration challenge for Basel-III
RBI Governor
-Indian economy growth has moderated in recent quarters
-Indian economy growth hit by global cues, policy uncertainty
-Looking at deterioration in banks' asset quality
-Stress tests show Indian banks resilient to severe shocks
-Growth is sustainable only if it is inclusive
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