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HomeNewsBusinessStocksStocks in news: IOC, Cipla, Shree Renuka, SAIL, Pipavav

Stocks in news: IOC, Cipla, Shree Renuka, SAIL, Pipavav

Nutek India | Indian Oil | Dabur India | KSK Energy | Emami | NTPC | JP Associates | Cipla | Shree Renuka Sugar | ONGC | SAIL | HCC and Pipavav Shipyard are stocks, which are in the news today.

September 07, 2011 / 09:09 IST
     
     
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    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
    first published: Sep 7, 2011 08:22 am

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