Here are stocks that are in news today:
Results Today: Hindustan Unilever (Q3 Poll), Bank of Maharashtra, Kotak Mahindra Bank, Indiabull Real Estate, Dish TV, Indiabull Finance, Polaris Financial, Indiabull Securities, Welspun Corporation, Onward Tech, Tata Sponge, VST Industries, Mahindra Composite, A P Paper, Everest Industries, Heritage Foods, Sterling Holiday Resorts, Aptech, Kansai Nerolac, Kirloskar Oil Engines, Kirloskar Pneumatic, Elantas Beck, Four Soft, Saint Gobain, Rane Brakes, Maral Overseas, Symphony Department of Economic Affairs (DEA) secretary says:-Import duty on gold & platinum hiked to 6% from 4%
-Customs duty to be reviewed if gold imports moderate
-Mulling changes in gold deposit schemes
-April-December gold imports estimated at USD 38 billion
-To reduce minimum quantity for gold deposit schemes
-To meet demand for gold domestically
-Gold import seen down on duty hike, unlocking of gold ETF
-Gold import duty hiked with immediate effect
-Minimum tenure of gold deposit scheme to be cut to 6 months
-Finance Ministry to give link between Gold ETF & gold deposit schemes
Alert: Minimum tenure of gold deposit scheme currently 3 years
-SEBI notification on gold ETF in 2-3 weeks Hero MotoCorp wage negotiation talks fail: CNBC-TV18 Exclusive: Sources
-Workers threaten to slow production or go for tools down protest
-No breakthrough in wage talks after 5-hour meeting today
-Workers threaten to protest if demands not accepted Also Read
Cues: Are domestic factors pushing market near 25000?
Houseviews: 2 stocks that you can buy, 2 you can avoid Hero MotoCorp:
-'Overall welfare of workers is our top priority'
-'To take prudent decisions in best interest of our workers'
-Have had several rounds of talks with Gurgaon plant union
-Will continue to engage with workers to reach amicable solution
-Won't be coerced by external pressure tactics Power Minister:
-Discussed divestment & coal regulator with FM and Coal Ministry
-Looking at coal block prospect for 8,400 MW project for NTPC
-NTPC to participate in coal blocks allocation
-3 blocks to be reallocated to NTPC post Law Ministry's nod on Tuesday
-No decision taken on coal regulator RBI permits hotel companies to borrow ECBs to repay rupee loans
Alert: Manufacturing, Infra companies allowed to repay rupee loans with forex borrowings Gitanjali Gems board approves equity share issue for USD 250 million
-Share issue via QIP/ADRs/GDRs/FCCBs &/or compulsory convertible securities or combinations Cairn India Q3
-Consolidated net profit at Rs 3,345 Crore Versus Rs 2322.2 Crore (QoQ)
-Consolidated income from operations at Rs 4,278 Crore Versus Rs 4,443.1 Crore (QoQ)
-EBITDA at 3,258 Crore Versus Rs 3,425 Crore (QoQ)
-Consolidated forex gain at Rs 236 Crore Versus loss of Rs 786 Crore (QoQ)
-Other income at Rs 182 Crore Versus Rs 223 Crore (QoQ)
-To pay interim dividend of Rs 5/share Cairn India says
-Rajasthan block October-December average output at 169,977 bpd
-October-December average gross output up 21% at 205,014 bpd (YoY)
-Cuts Rajasthan production guidance to 200000-215000 bpd by FY14-end
-Production ramp up to 40,000 bpd in Bhagyam by only FY14-mid
Alert: Cairn has all GoI approvals to hit 40,000 bpd in Bhagyam
Alert: CNBC-TV18 reported cut in production guidance
-To drill additional 100 wells for new exploration in Rajasthan
-USD 2 billion capex for FY14, FY15 combined
-Cash increased to USD 2.7 billion Asian Paints Q3:
-Consolidated net profit at Rs 335 Crore Versus Rs 257 Crore (YoY)
-Consolidated income from operations at Rs 3,053 Crore Versus Rs 2,567Crore (YoY) Shree Cement Q2:
-Net profit at Rs 217 Crore Versus Rs 59.2 Crore (YoY)
-Net sales at Rs 1,428 Crore Versus Rs 1,195.8 Crore (YoY) Geometric Q3
-Consolidated net profit at Rs 19.1 Crore Versus Rs 17.9 Crore (QoQ)
-Consolidated revenue at Rs 251 Crore Versus Rs 261 Crore (QoQ) Raymond Q3
-Consolidated net profit at Rs 12.8 crore Versus Rs 61 crore (YoY)
-Consolidated net income at Rs 1052.7 crore Versus Rs 954.4 crore (YoY) Zensar Tech Q3
-Consolidated net profit at Rs 48.7 Crore Versus Rs 32.2 Crore (QoQ)
-Consolidated net sales at Rs 525 Crore Versus Rs 537 Crore (QoQ) Supreme Petrochem Q3:
-Net profit at Rs 27.06 Crore Versus loss of Rs 7.25 Crore (YoY)
-Net sales at Rs 788.5 Crore Versus Rs 491.5 Crore (YoY) JK Paper Q3
-Net loss at Rs 2.08 Crore Versus Rs 7.42 Crore (YoY)
-Total income from operations at Rs 368.52 Crore Versus Rs 327.1 Crore (YoY) Jubilant Industries Q3
-Net loss at Rs 18.3 crore Versus loss of Rs 20.4 crore (YoY)
-Total income Rs 232 Versus Rs 276.6 crore (YoY) Automobile Corporation Q3
-Net profit at Rs 3.14 crore Versus Rs 5.55 Crore (YoY)
-Net sales at Rs 63.2 crore Versus Rs 78 crore (YoY) JSL Industries Q3
-Net profit at Rs 72 lakh Versus Rs 1.46 crore (YoY)
-Total income at Rs 16.7 crore Versus Rs 18 crore (YoY) Other stocks and sectors that are in news today:
-Oil Ministry: Ready to resolve Reliance Industries (RIL) row via talks, says Rangarajan panel proposal on gas pricing will go to the cabinet soon: ET
-Reliance Communications in talks with RIL for network sharing deal: ET
-Arshiya International board appoints SBI caps to recast Rs 2500 crore loan: ET
-Bhushan Steel rights issue opens today, ratio 1:15, price Rs 335/share
-Orient Refractories open offer at Rs 43/share
-Prestige Estate IPP price band Rs 161-170/share, issue opens and closes on January 23
-Bombay, Haryana & Punjab HC allow amalgamation of Siemens Power Engineering with Co
-MBL Infra bags additional orders worth Rs 147.37 crore
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