Here are stocks that are in news today:
Karnataka High Court -Admits appeal against United Spirits (USL)-Diageo Deal -Declares sale transaction by United Breweries Holdings (UBHL) to Diageo voidAlert: Appeal was filed by creditors of UBHL-All amounts deposited by UBHL to court to remain till wind-up doneAlert: UBHL had deposited Rs 250 crore with Karnataka HCAlert: Creditors who appealed include BNP Paribas, IAE, ATRAlert: Creditors who appealed include Rolls-Royce and Partners Finance
UBHL-Diageo sources say-To move Supreme Court against Karnataka High Court decision-Co-operating with Karnataka High Court on procedure
UBHL to CNBC-TV18-'To consider our options after going through the judgment'-1 option is to appeal before SC when it re-opens in January
Vijay Mallya to CNBC-TV18-Will take necessary steps to protect interests of company, Diageo
Diageo says-Awaiting details of Karnataka High Court order-Awaiting receipt of written order of division bench of Karnataka HC-Do not believe there are any grounds for declaring sale void-Disappointed that company brought into private dispute between Kingfisher Airlines and its creditors-Intend to appeal before Higher Court against division bench order
Infosys-V Balakrishnan to resign company effective December 31Alert: V Balakrishnan was head of Infosys BPO and chairman of Infosys Lodestone-Inducts UB Pravin Rao as whole-time director-Inducts Kiran Mazumdar-Shaw as independent member of board
Infosys says-Kris Gopalakrishnan to head BPO business on interim basis-BG Srinivas to takeover as Lodestone chairman
V Balakrishnan to CNBC-TV18-Have been thinking about stepping down for sometime now-Want to get into private equity space-Waiting for SEBI approval for private equity fund-Top-level exits not to have huge impact on Infosys-Murthy's return was best thing that could have happened to company-Have no immediate plans to join another IT firm-Current attrition rate not a big issue for Infosys-'Infosys has good leadership bandwidth'-Did have detailed discussions with Murthy on leaving Infosys-'Murthy did not want me to leave Infosys'-'Have had good relationship with Murthy'-'Never felt sidelined at Infosys'-Recent exits will not impact relationships with clients-Internal process underway on short-listing people for CEO-Starting PE fund along with Mohandas Pai, Girish Paranjpe-'Infosys is making right moves & right changes'-Confident of Infosys attaining leadership position
Narayana Murthy to CNBC-TV18-Bala played integral role in Infosys growth over last 2 decades-Bala’s contribution & commitment has been extraordinary, will miss his presence & insights-Bala has been talking to me about start-ups over past few months-Wish Bala the very best & confident he will be excellent mentor & role model
On CNBC-TV18 - Mohandas Pai says-'Bala's exit a big blow for Infosys'-'Bala has put a team in place so succession not an issue'-Bala's resignation will create a gap between chairman & employees
On CNBC-TV18 Kiran Mazumdar-Looking forward to being part of board that will manage change-'Infosys is going through transformational change'-Believe Murthy will be able to avert markets' perception-'I am aware of the changing trends at Infosys'
Financial Technologies on Forward Markets Commission (FMC) order:-Order drawn up by FMC in a hasty manner-Bombay High Court will now hear the case on January 8Alert: Financial Technologies moved Bombay High Court versus FMC's order on 'fit & proper'
Financial Technologies counsel says-Financial Technologies has only 1 nominee on MCX board-MCX Board is controlled by FMC nominees-Principles of natural justice have been violated
Enforcement Directorate:-Launches search & seizure operations on Astha MinmetAlert: Aastha Minmet is one of 24 borrowers in default at NSEL-Conducts raids in 8 locations across India
SEBI issues show cause notice to Financial Technologies: SourcesSEBI issues show cause notice post FMC order on fit & properAlert: FMC pronounced Financial Technologies and 3 directors not fit & properSEBI asks Financial Technologies to reply by December 26
IOC hikes petrol price by Rs 0.41/litre (excluding VAT)-Government hikes dealers' commission on diesel by Rs 97/kL to Rs 1,186/kl with immediate effect-Diesel price hiked by about 10 paise per litre as government raises dealers' commission
Larsen and Toubro says-L&T IDPL seeks FIPB nod for FDI-Talks with global institutional investors for stake acquisition in L&T IDPL on-Contemplating initial infusion of Rs 1,000 crore into L&T IDPL-2nd tranche infusion to also be Rs 1,000 crore in L&T IDPL
Reliance Industries says-Mckinsey India chairman Adil Zainulbhai included on company's board-Adil Zainulbhai to join board as independent director
ICICI Bank announces new scheme on home loans, cuts rate by 15 bps: Sources-Interest rate on home loans up to Rs 75 lakh to be 10.25 percent-Interest rate on home loans above Rs 75 lakh to be 10.50 percent-New home loan scheme will be available till January 31
Other stocks and sectors that are in news today:-Axis Bank to replace Jindal Steel on S&P BSE Sensex today-Wipro signs pact with Europe's telecom operator Tele2 AB-Tyre companies in Focus: Import duty on natural rubber hiked to Rs 30/kg from Rs 20/kg-Finance ministry directs bank to recover 10 percent on bad loans by fiscal end-Commerce ministry want to curb royalty payments to MMC parents-GSK Pharma open offer opens on February 7, closes on February 21-GAIL sets Jan deadline for firms to lift US LNG: FE -DTC, GST unlikely before 2016: BS-Hospira now under US FDA lens: BS
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