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Stocks in news: Hero Moto, Amtek Auto, Tata Chem, Infosys

Hero Motocorp | Amtek Auto | Clutch Auto | Tata Chemicals | REC | SAIL | Infosys | UTV | Deccan Chronicle and Tata Power are stocks, which are in the news today.

August 25, 2011 / 09:01 IST
     
     
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    Here are stocks that are in news today:


    Ratan Tata on Tata Power
    -Land acquired for coastal power project
    -Reviewing projects in Arunachal due to geopolitical situation
    -Indonesia to impact imported coal price for Mundra
    -Govt needs to review tariffs for imported coal UMPPs
    -Coal blending to help little, but situation is acute


    Deccan Chronicle
    -Buyback to end today
    -Company will finish buying 3.45 crore shares at Rs 70/share
    -Spent nearly Rs 240 crore on the buyback


    CCI to give nod to UTV & Walt Disney stake sale: Sources
    -CCI nod likely within a week

    Other stocks and sectors that are in news today:
    -Infosys in USA face fresh charges of irregularities, as Texas employee alleges more irregularities in I-9 form compliance & tax payments (FE)
    -SAIL plans 10 more processing units to ramp up hot metal capacity from the current 14 mt to 24 mtpa (FE)
    -REC in talks with two foreign banks to setup a commercial bank through the JV route in India (Mint)
    -Tata Chemicals to raise its stake in EPM mining from 13.76% to 30.6% for around USD 41 million
    -Clutch Auto approves allotment of 8.2 lakh shares at Rs 50/sh to the promoters
    -Amtek Auto board to consider buyback
    -Ex Dividend: Hero Motocorp at Rs 35/sh, Ultratech Cement at Rs 6/sh, Motherson Sumi at Rs 2.75/sh
    -F&O Ban: ABG Shipyard, Gitanjali Gems-India signs double tax avoidance agreement with Georgia

    first published: Aug 25, 2011 08:01 am

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