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Stocks in news: Centrum Capital, Elder Pharma, SBI, PFC

Centrum Capital | Marico | Elder Pharma | SBI | Power Finance Corp | Ranbaxy | RIL | Grasim| ABB and Apollo Tyres are stocks, which are in the news today.

May 11, 2011 / 09:27 IST

Here are stocks that are in news today:


Results Today: Grasim, ABB, Apollo Tyres, ARSS Infraprojects, BF Utilities, McNally Bharat Engineering, Kernex Micro, Ispat, ICRA, Deepak Fertilizers, Usha Martin, Usha Martin Education & Solutions, Ruchi Infra, Sirpur Paper Mills, Arshiya International, Bhagwati Banquets, Venky's India, WS Industries, JMC Projects, Tanla Solutions


Oil Ministry says next EGoM meet likely on May 17 or 18
-Oil Companies plead to raise petrol prices by Rs 5-6/litre


Oil Ministry calls meeting on cuts in KG-D6 Gas supply to non-core users
Oil Ministry, Joint Secretary to meet stakeholders on May 11
Hardy Oil says
-RIL relinquishes 25% of KG-D9 exploration area
-No identified prospects exist in KG-D9 relinquished area
-KG-D9 license extended by 6 months till June 30
 
MIAL to Kingfisher
-MIAL writes to Kingfisher Airlines on dues of Rs 105 crore
-Sets deadline of May 25 for payment
-If KFA fails to pay, MIAL to invoke cash & carry action


Ranbaxy says
-Will discuss Lipitor generic opportunity closer to time
-Cannot say with certainty when US FDA issues could be solved

Other stocks and sectors that are in news today:
-SBI hikes its deposits & lending rates by 75 bps to 14% with effect from May 12
-Listing tomorrow: Servalakshmi Paper
-F&O Ban: Power Finance Corp
-Elder Pharmaceuticals to form a 50:50 Joint Venture in Guernsey for web marketing of VMS products manufactured by UK and European Companies.
-Singapore based hedge fund alleges FCCB fraud against Tamilnadu based co Karur Packagings as the co manipulated its exemption scheme (ET)
-Marico ends talks to buy a majority stake in Australian based Unibic biscuits shelving its plans to enter in the Rs 11,000 crore biscuits market (ET)
-Centrum Capital board approves allotment of 1.05 lakh shares @ Rs 1418/sh to M/s. Future Capital Holdings

first published: May 11, 2011 08:27 am

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