HomeNewsBusinessStocksStocks in news: Reliance Communications, DLF, Bharti

Stocks in news: Reliance Communications, DLF, Bharti

Reliance Communications | Gujarat Fluorochemicals | Mawana Sugars | Ashok Leyland | Aptech | DLF | Geojit BNP | Bharti Airtel | YES Bank | Fresenius Kabi | Wockhardt | Bajaj Hindusthan | Gillette India and Lupin are stocks, which are in the news today.

July 08, 2013 / 10:33 IST
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Here are stocks that are in news today:

Results TodayGruh Finance Reliance Communications: Sources
-To demerge real estate business into separate company
-Separate realty company to be known as Reliance Properties
-Shareholders to get shares of Reliance Properties free
-Reliance Communications shareholders to get Reliance Properties' shares in 1:1 ratio
-Reliance Properties to be listed within next 3 months
-Reliance Properties valued around Rs 10,000 crore to Rs 12,000 crore
-Reliance Properties share valued at around Rs 40-Rs 60/share in Reliance Communications
-Reliance Communications to be a pure telecom company
-Reliance Properties to work with Chinese Realty company Wanda Group Reliance Communications says
-To unlock substantial shareholder value by demerger
-Monetisable value of company's real estate at Rs 12,000 crore
-No impact of demerger on company's profitability
-Separation of real estate part of company's strategic plan
-Properties include prime land at DAKC, Navi Mumbai and Delhi 
Alert: DAKC is Dhirubhai Ambani Knowledge City
-To take approvals of lenders, shareholders, courts for demerger Tamil Nadu CM writes to PM on Neyveli Lignite (NLC) union strike issue -It could have crippling impact on power availability in state
-Labor unrest will result in state losing 1178 mw of power
-Power shortages will entail additional power cuts in state
-Entire south zone will be affected by loss of 2500 mw
-Power generation has come down by 400 mw already
       
Department of Divestment - on NLC stake sale
-Asks Tamil Nadu govt to nominate officials for further talks with SEBI BGR Energy offer for sale (OFS): CMP Rs 123
-Subscribed 1.72 times; gets bids for 37.4 lakh shares
-Indicative price at Rs 119.24/share Lupin says: PTI
-Scouting for global acquisitions of brands
-Company looking at brands in US, Japan and China to expand global footprint SEBI on Gillette
-Freezes all corporate benefits of promoters for not meeting minimum public shareholding (MPS)
-Bars promoters, directors from dealing in securities of company
-Restrains promoters, directors from holding any new position
-Order shall come into force with immediate effect
-Promoters, directors can file their replies within 21 days
-Freezes 55.04 percent voting rights of promoters
-Effective voting rights of company, Poddar Group capped at 33.72 percent
-Freezes promoters' rights till company complies with MPS norms Wockhardt (stock under pressure on Friday)
-Company gets import alert from UK MHRA for Waluj plant
-Sales to UK market from Waluj less than Rs 100 crore per annum
-Products will be available for shipment from alternative sites
-To have negligible impact on financials Bajaj Hindusthan
-Company seeks shareholders' approval to divest its stake in Bajaj Energy
Alert: Bajaj Hindusthan holds 29.96 percent stake in Bajaj Energy Fresenius Kabi
-Receives warning letter from US FDA for API plant at Kalyani, India
-Warnings related to Good Manufacturing Practices (GMP) non-conformities regarding manufacturing
-US FDA warnings related to documentation practices
-US FDA warnings related to data integrity
-Will respond comprehensively to the warning letter
-'13 guidance incl expected 1-time charge to remediate issue Other stocks and sectors that are in news today:
-Yes Bank in talks with PE funds to sell 5 percent stake to raise USD 300 million – ET
-Bharti Airtel may merge Africa tower business – DNA
-LIC to invest Rs 2.5 lakh crore this year (both bond and equities)
-Ranbaxy Labs sacks 400 employees across various verticals – ET
-BNP Paribas looking to increase stake in Geojit by 4 percent – BS
-LIC stake in a listed company may be capped at 25 percent - ET
-DLF sells wind turbine project in Gujarat for Rs 325 crore
-Aptech buy back at maximum Rs 82/share
-Sundaram-Clayton IPP today, floor price Rs 293/share, to issue up 12.6 lakh shares
-Comptroller and Auditor General of India (CAG) tells NTPC, Coal India to settle row over payments – MINT
-Gujarat Fluorochemicals arm Inox Wind has filed DRHP with SEBI for Rs 700 crore IPO
-GAIL to take 5-10 percent stake with RCF in fertiliser plant at Talcher, Orissa: PTI
-Ashok Leyland gets order for 2,610 buses from Tamil Nadu body
-BSNL to invest Rs 4,000 crore for network expansion in FY14: PTI
-Mawana Sugars sells stake in Mawana Foods to Usha International
first published: Jul 8, 2013 08:47 am

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