Stocks in news: AB Nuvo, NTPC, Jet Air, Rel Cap, Bajaj Auto
Aditya Birla Nuvo | Emami | Marg | Khaitan Electricals | NTPC | Jet Airways | Coal India | Reliance Capital | Shree Ganesh Jewellery | Bajaj Auto and Neyveli Lignite are stocks, which are in the news today.
June 26, 2013 / 11:05 IST
Here are stocks that are in news today:
ING Vysya Bank QIP
-To issue 1.44 crore shares at price range of Rs 606-612/share
-To raise approximately Rs 880 crore
-To issue 1.56 crore shares at Rs 611.11 or higher on preferential basis to parent company to raise Rs 950 croreTamil Nadu CM writes to PM on Neyveli Lignite (NLC) divestment again
-Trade unions may go on indefinite strike from July 3
-Unrest may spread and continue for a long time
-Unrest may lead to shutdown of Neyveli power plants
-Expect GoI to reconsider decision on divestment
-Give GOI's 5 percent stake to state's public sector undertakings
-Company to comply with minimum public shareholding norms if stake given to TN public companies
-TN public sector undertakings eligible to buy company's under IPP
-SEBI may be asked to work out special arrangement with TN companies
-GOI's 5 percent stake can be given to TIDCO, SIPCOT & TIIC
Alert:
-TIDCO is Tamil Nadu industrial development corporation
-SIPCOT is State industries promotion corp of TN
-TIIC is Tamil Nadu industrial investment corporation Bajaj Auto says
-Received notice from workmen's union of Chakan plant proposing stoppage of work from June 28
-Union claims Management didn’t accept demand of giving option to subscribe to 500 shares at discounted price of Re 1/share
-Workmen have, however, stopped coming to plant from June 25, 2013
-Workmen have not given any reason of not coming to work Bajaj Auto Union Leader says
-Strike over wage, HR issues
-1,000 contract workers demand to be made permanent
-Bajaj Auto wrote to workers refusing to allot equity shares
-Workers want a pay hike of Rs 5,000 to Rs 25,000/monthTRAI sources say: cogencis
-Extended deadline for receipt of cable TV user data
-Extended deadline for cable TV user data till July 10
-Earlier deadline to give cable TV user data expired yesterday
-Cable companies asked TRAI to extend deadline to give user dataShree Ganesh Jewellery
-Board to mull issue of equity shares on preferential basis on June 27
-May issue of equity shares to non promoters/foreign investors Ex-Dividend
-Bank of Baroda – AGM – Rs 21.50/share
-CMC – AGM – Rs 17.5/share
-Union Bank of India – AGM – Rs 8/share
-Emami – Rs 8/share
-Gruh Finance – Rs 2.5/share
-Karnataka Bank – Rs 4/shareOther stocks and sectors that are in news today:
-Spectrum empowered group of ministers (EGoM) likely to meet today
-Reliance Capital to spin off retail lending and sell minor stakes to Sumitomo and Nippon – ET
-Civil aviation ministry objects to large presence of foreign nationals and nominees on Jet Airways board – ET
-NTPC and Coal India (CIL) to sign fuel pact, others to follow soon
-Sanofi, Novartis and GSK in race to buy Elder's formulation biz – ET
-SEBI likely to challenge SAT ruling on Marg and Khaitan Electricals open offers – ET (SAT allowed both companies to withdraw open offers)
-Cabinet Committee on Economic Affairs (CCEA) likely to take up gas pricing and coal regulator issue tomorrow: Sources
-Aditya Birla Nuvo to apply to RBI for banking licence
-Mines Minister says have sought law ministry opinion on Hindustan Zinc, Balco stake sale
-Emami – Bonus issue in ratio of 1:2
-Government extends deadline to July 3 for bankers to submit request for proposal (RFP) for divestment in National Fertilisers (NFL)
-HCC to file application to Govt (MCA) seeking permission to hike managerial remuneration to Ajit Gulabchand. Alert: Company seeks to hike remuneration to Rs 10 croreSEBI board clears new buyback norms
-50 percent of earmarked funds for buyback to be utilised by company
-25 percent of earmarked funds for buyback to be kept in escrow
-Tender offer mandatory if subscription >15 percent of net worth
-SEBI board okays clubbing FIIs, QFIs, sub accounts in new investment class
-Merged investor class will be foreign portfolio investor
-Foreign portfolio investor limit capped at 10 percent of equity
-SEBI board to seek fin min nod to implement changes Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
