Here are stocks that are in news today:
Network 18 rights issue opens today-To issue 89.98 crore shares at Rs 30/share
-Rights ratio of 307 shares for every 50 shares held
(Moneycontrol.com is part of the Network18 Group) Reliance Industries (RIL) buys a total of 3.9 crore shares in buy back
-RIL buyback at an average price of Rs 715.7/share
-RIL uses a total of Rs 2794.3 crore for buyback
-RIL share price now above maximum buyback price of Rs 870/share
-RIL regains status as most valued company in India Another big ticket move is expected on cabinet agenda this week: Sources
-Cabinet may consider power debt restructuring package on Thursday
-Power debt package proposes restructuring of SEB dues Finance Minister P Chidambaram to CNBC-TV18
-Marginal slippage in FY13 fiscal deficit over budget estimate
-Will try to hold fiscal deficit at 5.1% of GDP in FY13
-Will not allow a large slippage in fiscal deficit
-To present path of fiscal consolidation within few weeks
-Issues w.r.t capital market, taxation, disinvestment to be addressed
-Cabinet and CCEA to meet this Thursday; to consider multiple issues
-Final view on implementation of general anti-avoidance rules (GAAR) by PM/cabinet likely
-Do not think a ratings downgrade is looming large
-Will not roll back any of the decisions taken recently
-Petrol deregulated, free to be revised even on daily basis
-LPG cylinder cap could change consumption behaviour Stocks Ex-Dividend
-Jagran Prakashan: Rs 3.5/share
-Kavveri Telecom: Rs 4/share Inter ministerial group (IMG) recommends: Sources
-Bank guarantees submitted by Tata Power and Hindalco for a Jharkhand coal block be revoked
-IMG to meet again today Other stocks and sectors that are in news today:
-Tech Mahindra to buy 51% in Comviva Technologies for Rs 260 crore (Comviva is Bharti group company)
-Coal India (CIL) board may consider price pooling issue today: PTI (Board meeting today)
-Hindalco raises Rs 9900 crore for its aluminium project in Odisha
-Jaiprakash Associates looking to cut debt via sale of power assets: Mint
-Kingfisher Airlines (KFA) bankers want company to pledge its band as collateral: BL
-Selan Exploration approves buyback at maximum Rs 350/share
-Alstom Holdings to acquire 6.21 crore shares of Alstom T&D India at Rs 187.64/share
-Schneider Electric Infrastructure has made an open offer to acquire 6.21 crore shares (26% stake) in Indian arm at Rs 83.10/share
-Sun Pharma Advanced Research Company (SPARC) rights issue extended till September 21, rights issue in the ratio of 1:7, at Rs 67/share: FE
-KEI Industries board meet to consider preferential allotment of 33 lakh shares at Rs 18/share to promoters (CMP Rs 16.5/share)
-JNPT scraps container terminal deal worth Rs 8,500 crore of ABG consortium: ET
-Change in Circuit Filter: Kingfisher Airlines - 10%
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