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Stocks in news: GSK Pharma, Coal India, Clariant Chemicals

GSK Pharma | Coal India | Tilaknagar Industries | Accel Frontline | Tech Mahindra | Heidelberg Cement | Wheels India | Clariant Chemicals | Polaris Financial | Essar Ports | GMR Infrastructure | Torrent Pharma | Kingfisher | Tata Motors | HPCL and ONGC are stocks, which are in the news today.

December 16, 2013 / 10:41 IST
     
     
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    Here are stocks that are in news today:

    GSK-Initiates voluntary open offer for GSK Pharma at Rs 3,100/share-Parent looking to hike stake from 50.7 percent to up to 75 percent-Intends to keep GSK Pharma listedAlert: Current market price of GSK Pharma at Rs 2,468/share-HSBC Securities manager to GSK Pharma open offer-To spend £ 629 million or Rs 6,400 crore on GSK  Pharma open offerAlert: GSK Pharma open offer price at a 25.6 percent premium to current market price

    GSK says-Open offer to up exposure to a strategically important market-Good liquidity opportunity at an attractive premium-Offer period expected to begin in February

    Oil Minister Veerappa Moily says-CCI clears ONGC's Rs 2,379 crore Assam project-CCI clears projects worth about Rs 7,947 crore in oil sector-Transferred Rs 1,615 crore to 1.27 crore LPG consumers as of December 10-DBT in phase for LPG cylinders has been a great success-Have written to state chief ministers not to reduce VAT on DBTLAlert: DBTL: Direct Benefit Transfer for LPG consumer-CCI clears HPCL's Awa-Salawas pipeline project-CCI clears GSPL's Mundra LNG project-Election result will not cause UPA to panic-'Decisions are taken in interest of country'-Decision on monthly diesel price hike taken by core committee-Balanced view will be taken on Kirit Parikh committee report-Finance Ministry and Oil Ministry will take decision on Indian Oil-Thinking of part rollback of bulk diesel pricing norm-Important to understand market conditions for IOC divestment-Finance Ministry anxious for IOC divestment, but will have to look at market

    Tata Motors-November global wholesales at 81,957 units versus 88,881 (MoM)-November global wholesale commercial vehicle sales at 31,254 units versus 38,067 (MoM)-November JLR wholesales at 39,956 units versus 36,157 units (MoM)

    SEBI may look to re-examine its order on Jet-Etihad: Sources-SEBI may approach CCI seeking clarity on its order-SEBI may seek to know how Etihad may have joint control-Up to government to take the final call on Jet-Etihad

    I-T Dept asserts first claim to recover dues from Kingfisher Airlines (KFA)-I-T Dept maintains that dues to it will have to be settled first by KFA

    Torrent Pharma says-Valuation based on expected cost and revenue synergies-Acquisition to help strengthen women healthcare, vitamins segments-'On a MAT basis, share will increase by 0.7 percent in IPM'-'Debt will be in form of bank borrowings'

    NSEL case update: Economic Offences Wing (EOW) sources say-Borrowers PD Agro, Astha Minmet, Yathuri Associates express interest in settlement-3 borrowers expressed interest in MoUs with NSEL for settlement-Statement of investors have been recorded-Have attached assets of Spin-Cot textiles today-Have recorded statement of Shankarlal Guru-NSEL directors to be questioned before filing chargesheet-May summon brokers for question and answer before filing chargesheet-Have asked brokers to submit books of accounts-Have attached 318 bank accounts so far-Have attached 225 properties so far-Book value of attached properties at about Rs 3,612 crore-Attached shares & investments worth Rs 251 crore

    GMR Infrastructure on Istanbul Airport JV-Right of first refusal (ROFR) process of stake sale in JV is in progress -Deal is not yet concluded

    EGM and AGMs today-Corporation Bank, EGM-Indian Overseas Bank, EGM-Mawana Sugars, AGM-Punjab National Bank, EGM-Visa Steel, EGM

    Polaris Financial-Appoints S Swaminathan as CFO -S Swaminathan to succeed Natarajan Narayanasamy as CFO-N Narayanasamy to now head strategic business unit, Polaris Europe

    Essar Ports to develop 3 iron ore berths at Vizag Port-Vizag Port berth order has concession period of 30 years-To develop iron ore berths at Vizag Port on BOT basis-Vizag Port iron ore berths' combined capacity 23 mtpa-Estimated cost of Vizag Port order Rs 1,200 crore

    Clariant Chemicals-To mull sale of leather operations on December 16-To mull acquisition of Masterbatches business on December 16

    RBI says-October services exports at USD 12.56 billion versus USD 12.29 billion (MoM)-October services imports at USD 6.96 billion versus USD 6.79 billion (MoM)

    Aviation Minister says-Planning Commission gave blue print to modernise airports-Decided to take up 20 airports of AAI under PPP model

    Other stocks and sectors that are in news today:-Gold import curbs may go as current account deficit falls dramatically: ET-IL&FS Infra Asset Management raised Rs 750 crore for Infra fund: ET -Reliance Retail, Samsung tie up for after sale services: ET-CCI recommends Coal sector reforms to end Coal India monopoly: ET-New gas policy may not be notified even in Mid-January-Fertiliser ministry seeks Rs 10,000 crore more subsidy payment: PTI-New banking licence unlikely this fiscal: FE (Committee to meet today)-Tilaknagar Industries buys top IFB Agro liquor bands: BS-Accel Frontline open offer at Rs 45/share-Q3 advance tax data: Sources say HDFC likely to have paid Rs 650 crore versus Rs 560 crore (YoY)-Tech Mahindra: Vice-Chairman Vineet Nayyar sells 5.5 lakh shares on Wednesday, Thursday-Real estate stocks in focus: SEBI board to meet on December 24 to mull REITs and Corporate Governance regulations-Heidelberg Cement: Board meets today to consider issuance and allotment of the debentures aggregating to Rs 370 crore on private placement basis, to its non-resident parent/group-Wheels India: Board meets today to consider issue of equity shares on rights basis to non promoter to comply with the minimum public shareholding requirements

    first published: Dec 16, 2013 09:00 am

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