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Last Updated : Aug 18, 2015 10:28 AM IST | Source: CNBC-TV18

Stocks in news: Eicher, IIFL, Rel Comm, Birla Corp, Sun TV

Eicher Motors | Religare | Neyveli Lignite | NDTV | IIFL | Vedanta | Mahindra & Mahindra | Reliance Communications | L&T Finance | Birla Corporation | SAIL and Sun TV Network are stocks, which are in the news today.

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Here are stocks that are in news today:

IndiGo to CNBC-TV18
-India constantly growing at a faster pace than expected
-Difficult to say how planes we would replace
-Need orders like Airbus’ to address growth plans
-Typically keep airplanes for 6 years
-Created a fleet plan in the DRHP filing
-DRHP filing clearly shows the growth strategy
-Market share is not something we actively track or try to grab
-All you have to do to increase market share is drop prices

On CNBC-TV18: Airbus India says
-Very proud to be supplier of aircraft to IndiGo
-Talking to SpiceJet on a possible order
-Will increase sourcing from India going forward


FM Auction: Government sources say
-Government to challenge two HC decisions on Sun TV: PTI
Alert: Government to challenge decisions of Madras & Delhi High Courts
-Government to challenge decision allowing Sun Group to participate in auction

Government says
-Production of kharif crops hit by poor monsoon
-Unseasonal rains in February-March hit production of rabi crops
-Setback in kharif as well as rabi seasons, food production falls in 2014-15
-Foodgrain output falls to 252.68 million tonnes in 2014-15 versus 265.04 million tonnes

Coal & Power Minister Piyush Goyal says
-Government keen to find a sustainable solution for ailing discoms
-In dialogue with several states about discoms, understanding their problems
-Some states have serious crisis looming large on the discom side
-Government can only facilitate a turnaround of state discoms
-Central government cannot finance discoms' financial crisis
-Have told states that govt cannot be a 'bailout bank'
-Can help ailing discoms with government funded schemes
-Have a number of plans to support ailing discoms
-Not yet finalised any extension of financial restructuring plan
-Financial Restructuring Package (FRP) plan drawn in 2012 was not a very sustainable long term plan
-Implementation of FRP was delayed which widened losses of discoms
-Government never monitored milestones promised by the states under FRP
-Document on Ultra Mega Power Project bids has been finalised by the Sinha Committee
-In talks with states for readiness of regulatory clearances
-Want UMPPs to be bid out on 'plug & play' model

Government likely to fix miners' contribution to district mineral foundation (DMF) at 30 percent
-Government will notify DMF guidelines soon after consultations with PM Modi: PTI sources

Government mulls 100 percent FDI in rubber & coffee sectors: Sources
-Department Of Industrial Policy & Promotion finalises note on allowing 100 percent FDI in rubber & coffee sectors
-Companies involved in rubber, coffee plantation may be allowed 100 percent FDI
-Companies involved in processing of rubber & coffee likely to be allowed 100 percent FDI

Adani Ports to ink MoU for Vizhinjam Multipurpose Deep Sea Port Project
-Kerala CM Oommen Chandy to urge PM Modi to relax cabotage rules for proposed Rs 7,525 crore Vizhinjam port

RBI cancels certificate of registration for 7 NBFCs including Religare Finance
-Religare says company decided to voluntarily surrender NBFC license of Religare Finance

Other stocks and sectors that are in news today:
-Food Safety and Standards Authority of India likely not to appeal Bombay HC’s order on Nestle Maggi: ET
-Birla Corp - Ownership disputes between Birlas and Lodhas may create hurdles for buyout of Lafarge India units: ToI
-L&T Finance eyes Rs 1000 crore from private equity: BS
-Mahindra and Mahindra gets shareholder’s nod to raise Rs 5000 crore through issuance of securities
-Reliance Communications shortlists bidders for infratel stake
-Vedanta to issue NCDs worth Rs 2000 crore
-IIFL launches Rs 1000 crore startup fund
-NDTV’s e-commerce venture Gadget 360 raises undisclosed funding from investors
-Neyveli Lignite to set up 600 MW solar capacity
-Madhu Kapur Vs YES Bank case: Bombay High Court says cannot allow fresh notice of motion at this stage
-United Bank cuts interest rates on some domestic term deposits w.e.f. August 21
-Coffee Day Enterprises gets SEBI nod for Rs 1,150 crore CCD IPO: PTI
-Eicher Motors: Royal Enfield announces direct distribution arm in North America
-SAIL, Prime Gold JV sets up 1 lakh tonne TMT Steel unit in Madhya Pradesh

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First Published on Aug 18, 2015 08:18 am
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