Here are stocks that are in news today:
RBI to buy Rs 10,000 crore of 4 GILTS via OMO on Friday
-To Buy 7.99%, 2017 via auction on Friday
-To Buy 7.83%, 2018 Gilt via auction on Friday
-To Buy 8.79%, 2021 Gilt via auction on Friday
-To Buy 8.08%, 2022 Gilt via auction on Friday
RBI sources say
-OMO planned in case government expenses are held up
-OMO planned to avert higher liquidity crunch
-Yields did go up too fast
-Markets aware borrowing is usually frontloaded
GOI may mull presidential directive to Coal India (CIL) on FSAs
-Presidential directive under article 37 of MoA of CIL
-Directive would enforce government decision on coal FSAs
-Coal India indecisive on trigger level of 80%
-Board approved all other clauses in the FSA proposal
-Coal India to give a report on board meet to Coal minister tomorrow
-Independent directors not sure about domestic production
-Using article 37 under MoA an option
-Unlikely to meet PMO deadline of March 31 for signing FSAs
-Hopeful of beginning process of signing FSA after that
Godrej Properties
-Announces redevelopment project in Mumbai
-Will redevelop 18 residential buildings in Mumbai
-Company's unit to get 87.5% of revenues rising out of free sale area
Lloyd Electricapproves scheme of arrangement, 'Heat Exchangers Business' of Perfect
-Radiators & Oil Coolers would be demerged and transferred to LEEL, 54 shares of Lloyd Electric will be allotted for 100 shares of PROC
NTPC to halt expansion of gas-based projects due to non-availability of fuel
-NTPC commissions Unit I of 500 MW Vallur Thermal Power Project
Other stocks and sectors that are in news today:
-KS Oils: Bankers led by SBI approve CDR package
-Patni delisting offer closes today; offer so far
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