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Last Updated : Aug 25, 2014 08:51 AM IST | Source: CNBC-TV18

Stocks in news: HDFC Bank, Asian Paints, United Breweries

Infosys | HDFC Bank | Asian Paints | Larsen and Toubro | Motherson Sumi | United Breweries | Apollo Hospital | Gujarat State Fertilizers and Chemicals and Gitanjali Gems and HDFC Bank are stocks, which are in the news today.

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Todays L/H

Here are stocks that are in news today:

Larsen and Toubro chairman AM Naik says
-Have nearly Rs 2,500 crore with of water projects in gulf
-Looking to win at least one international bid in gulf
-Looking at waste management, water distribution projects
-Will bid for canal lining projects in India
-Four 700 MW nuclear power projects opportunities by end of year
-Investment trust guidelines clarifications still pending, not investor friendly as of now
-Expect to win couple of projects in airport business in domestic market
-Feel Navi Mumbai airport project is ill-planned
-Navi Mumbai airport project will not be successful till transportation issues sorted
-Roads business to pick up in FY15 with 2300 km new projects on EPC mode
-Roads business to pick up in FY15 with 3000 km projects on PPP mode
-Won 2 orders in West Asia, for Riyadh, Doha metro projects in FY14
-Secured order in consortium with Japanese company for dedicated freight corridor
-Company well-positioned for airport projects within and outside India
-Domestic nuclear segment to see ordering activity in FY15
-Addressing growing demand for specialised ships
-Target is to become EPC contractor of choice for major developers
-Started realty business by company's land parcel and in JV with other developers
-To consolidate all engineering services biz of company and L&T Infotech

AM Naik on Modi government's 100 days:
-In terms of strategy & directions & vision on policies, government has achieved 70 out of 100
-Have seen more alertness in bureaucracy with the new government
-Feel quicker implementation will take place, stuck projects will move
-Need large investments for large infrastructure projects
-For large investments, need to give returns to investors


Asian Paints says
-Subsidiary Berger International, Singapore plans setting up manufacturing facility in Indonesia
-Berger International files application for investment approval from Indonesian government

HDFC Bank sends fresh petition to government to up FII investment limit: Sources
-HDFC Bank petition reiterates HDFC's stake in bank not foreign
-HDFC Bank petition asks to up FII investment limit up to 74 percent
Alert: FIPB to decide on HDFC Bank's petition for 74 percent foreign investment
-Government officials say foreign investment in HDFC Bank already above 74 percent
-FIPB likely to meet August-end or early September
Alert: RBI earlier rejected HDFC Bank's proposal to up FII investment limit

Gitanjali Gems
-Seeks shareholders nod to raise up to Rs 175 crore
-Seeks shareholders nod for borrowing up to Rs 10,000 crore

Gujarat State Fertilizers and Chemicals (GSFC) says
-Ammonia-IV plant to undergo shutdown for 12 days from August 24
-Ammonia-IV plant to undergo shutdown due to technical issue
-Urea-II plant will also undergo shutdown

Apollo Hospital AGM today
-To consider revision in the borrowing limits of the company upto a sum of Rs 2500 crore
-Offer or invitation to subscribe to non convertible debentures on a private placement basis to raise upto Rs 500 crore

BSE's 53 scrips moving from T group to B group effective today, NSE moves 10 scrips
-Westlife Development
-Sequent Scientific
-Shiv-Vani Oil and Gas Exploration Services
-Atlanta Infrastructure and Finance

11 scrips to be transferred to T group effective today
-Twilight Litaka Pharma
-Arvind International
-Compact Disc India
-Tutis Technologies

Other stocks and sectors that are in news today:
-Tata Sons appoints James Shapiro Resident director in North America
-LIC chairman SK Roy says LIC to invest Rs 50,000 crore in equity market this fiscal: PTI
-Heineken bought additional 2.5 lakh shares (0.9 percent equity) at Rs 726 in United Breweries from McDowell Holdings on August 21
-CBI clears CB Bhave and KM Abraham over role in granting approval for MCX-SX
-India Inc to spend Rs 2000 crore during Oman-Diwali on advertisement, 5-year high record
-Motherson Sumi AGM today
-Infosys grants 22,794 restricted stock units to CEO Vishal Sikka

Oil Ministry says
-Secretaries panel formed on gas price revision
-Secretaries panel to consult all stakeholders on gas price
-Secretaries panel to submit report on gas price revision in 2-3 weeks
-Power, fertiliser, expenditure secretaries part of 4-member panel
-Additional Secretary, oil will be member secretary of panel

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First Published on Aug 25, 2014 08:24 am
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