Here are stocks that are in news today:
Results today: Bajaj Auto, Cairn India, Yes Bank, Ultratech Cement, Indiabulls Real Estate, IDBI Bank, Hexaware Tech, Sterlite Tech, Thermax, Dewan Housing, KPIT Cummins, Dhanlaxmi Bank, Exide, Industries, SREI Infra, Mahindra Forgings, GHCL, Piramal Healthcare, Bajaj Holdings, HSIL, Bharat Bijlee, Noida Toll, Kirloskar Brothers, AGC Networks, Hindustan Media Ventures, Wabco India, Ashapure Minechem, DCW, Deepak Fertilizers, FAG Bearings, Gujarat Alkalies, Gujarat Industries Power, GSFC, Indiabulls Securities, ESAB India, GM Breweries, Gujarat Narmada Valley fertilizer, Sagar Cements, State Bank of Travancore, Swaraj Engines, Nilkamal, Excel Crop Care, Indiabulls Power, Indoco Remedies, Granules India, Repro India, Kewal Kiran Clothing, DB Corp, Fresenius Kabi, Infoedge India
National Housing Board notifies
-No penalties on pre-payment of loans from housing finance companies
-Uniform interest rates for all customers irrespective when the loan is taken
-Impact on LIC Housing Finance, Dewan Housing, HDFC, GIC Housing
Bombay HC dismisses Punj Lloyd plea over USD 130 million ONGC contract
-Punj Lloyd approached HC claiming price privilege for local bidders
-Contract was for sub-sea pipeline connecting Bombay high
-Punj Lloyd has option to approach SC for relief
Jaipal Reddy says
-No view so far on capping LPG sale to households
-For first time international oil prices have been high for so long
-Rupee depreciation huge concern for oil sector
-Losing Rs 24,000 crore due to rupee depreciation
-Under-recoveries by OMCs likely at Rs 1.21 lakh crore this financial year
-Finance Ministry yet to firm up subsidies for this fiscal
-Wrote to Finance Ministry on losses on account of diesel must be reduced
-Loss on diesel alone in Rs 67,000 crore
-15% of diesel consumption by passenger vehicles
-Not practical to have dual pricing for diesel
-Financial condition of oil PSUs fairly 'fragile'
-Had asked FM to introduce duties on diesel cars
-Not received law ministry's advice on RIL cost recovery at KG-D6
-Finance Ministry has still not released Rs 15,000 cr compensation for Q1
-Have been pleading Finance Ministry for higher compensation for OMCs
-DGH insisting on RIL drilling more wells as per FDP
-To limit upstream firms' share of subsidy burden to 33%
Maruti Suzuki says
-Continue talks with striking workers
-Manesar plant headcount now at 600 versus 400 on Tuesday
-Produced 300 Swift cars on Wednesday
Maruti update sources say
-Meeting between Maruti management, workers, Haryana govt positive
-Second round of meeting to be held this evening
Infotech Enterprises says (From Boardroom)
-Confident of improving margins in coming quarters
-FY12 revenue growth expected at 20-25%
Other stocks and sectors that are in news today:
-Listing today: M&B Switchgears, issue price Rs 186/sh
-Moser Baer amicably resolves all issues with 150 striking workers
-AP Paper to use the sale proceeds for expansion in its textile & tea businesses
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