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Stocks in news: Vakrangee, Piramal Health, Mukta Arts

Jet Airways | HCL Infosystems | Vakrangee Software | Ashok Leyland | Piramal Healthcare and Mukta Arts are stocks, which are in the news today.

April 12, 2012 / 09:01 IST

Here are stocks that are in news today:

Listing today
-MT Educare, issue price Rs 80/share
-NBCC, issue price Rs 106/share

February IIP today
CNBC-TV18 expects 6.7% versus 6.8% (MoM)
(Range: 4.2% to 9.5%)

Delhi HC to hear IGL-PNGRB case on April 19
Indraprastha Gas
(IGL) counsel says
-No coercive action by PNGRB on pricing till next hearing
PNGRB Counsel
-IGL to levy fee fixed by PNGRB for now
-Only reduced transportation component

Jet Airways says
-Company owes Rs 22 crore to Bangalore airport
-Payments delayed due to rising fuel costs, rupee depreciation
-Arrears largely backed by bank guarantees

Finance Ministry sources say
-S&P meetings with Finance Ministry officials continue today
-S&P raised questions on fiscal deficit projections & USD 1 trillion infra investment target

Novelis (subsidiary of Hindalco) to set up automotive sheet manufacturing plant in China
-Novelis to invest USD 100 million to set up 120,000 tonne/year china plant

FDI in Pharma
-Government removes automatic nod for all brownfield pharma FDI
-All brownfield FDI in pharma to go through FIPB
-FIPB to continue vetting FDI in existing pharma companies
-Government had earlier introduced temporary measure of FIPB nod
-CCI yet to formulate policy for M&A in pharma sector
-100% FDI in green field projects allowed via automatic route

TDSAT to hear petition by Reliance Infratel overdue payments from Etisalat
Alert: Reliance Infratel has made claim of Rs 1,600 crore

Other stocks and sectors that are in news today:
-Japan's MS&AD Insurance close to buying 26% stake of New York Life in Max Life JV for USD 544 million – Agencies (press conference today)
-CCI to come out with final report on cement cartel in 15 days
-HCL Infosystems eyeing partner for manufacturing operations, in talks with 2-3 companies to sell stake: Sources
-Vakrangee Software goes ex bonus 1:1, stock split from Rs 10 to Re 1
-Sahara Sports likely to buy 20% stake in Talwalkars Fitness- ET
-Ashok Leyland via its subsidiary Avia Ashok Leyland to enter UK’s mid-range truck market- BS
-Aviation ministry moots ECB working Capital cap at USD 2 billion- FE
-Piramal Healthcare to sell knee-pain drug BST CarGel in Europe, to generate revenue of USD 200 million- ET
-Mukta Arts: Supreme Court dismisses company's appeal on film city land pact
-Siemens announces amalgamation of Siemens power engineering with self
-GMR Infrastructure allots 3500 secured non-convertible debentures aggregating to Rs 350 crore to ICICI Bank

first published: Apr 12, 2012 08:20 am

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