Here are stocks that are in news today:
Pipavav Shipyard to raise Rs 160 crore by issuing convertible warrants at Rs 78 (CMP Rs 77)
-To issue 50 lakh warrants each to Rakesh & Rekha Jhunjhunwala
-To Issue 5 lakh to Utpal Seth
-To issue 1 crore to promoter
SAIL led consortium bids for 4 iron ore blocks at Hajigak, Afghanistan
-Consortium include NMDC, RINL, JSW, JSPL, JSW Ispat, Monnet Ispat
Lavasa: Sources
-Top HCC officials call on PMO for Lavasa
-Ask PMO to intervene to speed up environmental clearance
-HCC alleges undue delay in MoEF's decisions
-EAC had suggested clearance for phase I of Lavasa
-MoEF set 5 pre-conditions for clearance
-Jayanthi Natarajan studying Lavasa case
-Clearance to Lavasa likely to be delayed
-Lavasa case is before a new bench of Bombay HC
Other stocks and sectors that are in news today:
-PG Electroplast IPO of 57.4 lakh shares with a price band of Rs 190-210/sh opens today
-Tata Autocomp shelves USD 260 million IPO
-ONGC begins pumping oil from KG field basin & has plans to start gas production by next year (ET)
-Govt has no proposal to reduce taxes on petro products as it earned Rs 1.02 lakh crore through taxes in 2010-11 (ET)
-Shree Renuka Sugar in talks with several PE companies to sell its 25% stake, to retire debt in its wholly owned company Renuka Brasil holdings (ET) (There is also buzz of sugar de-control)
-Cipla closes two of its four marketing divisions, move aimed at improving productivity (ET)
-Inter-Ministerial panel wants fertilizer & power companies to get a major share of domestic natural gas & rejected a proposal to introduce a pooled price mechanism (ET)
-JP Associates may rope in a partner for its cement business, currently in talks with South American based Cemex & Votorantim to dilute its stake upto 26% (BS)
-NTPC to setup a 500 mw coal based power plant in Srilanka with an estimated cost of Rs 3150 crore
-DLF to move the CCI by early next week to appeal against the CCI order imposing a Rs 630 crore penalty on the firm (BS)
-Dabur India
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