Here are stocks that are in news today:
DLF-DLF to monetize Rs 3000 crore worth office space: TOI-DLF has explored options to monetize some commercial assets outside NCR, worth about USD 500 million or Rs 3,000 crore-GIC of Singapore, Blackstone and IT park developer Ascendas are among the investors who were approached
Change in circuit filter-Polytex India from 20 percent to 10 percent-Forbes Gokak from 10 percent to 5 percent
Electrosteel Castings-CBI has registered a case against Electrosteel Castings & associate company ElectroSteel Steel-Case for alleged criminal conspiracy and cheating in acquiring a coal block mine in Jharkhand
ICRA has upgraded its ratings to the bank facilities of SRS as under:-Long term rating for line of credit (LOC) from BBB to BBB+ (stable)-Short term rating for line of credit (LOC) from A3+ to A2
Fund action:Radico Khaitan-Morgan Stanley Asia sells 6.7 lakh shares at Rs 90/share-As of September 2014, Morgan Stanley Asia Singapore Pte held 27.1 lakh shares i.e. 2.04 percentDr Datson's Labs-Heshika Growth Fund sells 6.8 lakh shares at Rs 10.55/shareMarksans Pharma-VAN ECK VIP Emerging Markets Fund buys 21.3 lakh shares at Rs 61.4/shareNCC-VAN ECK VIP EMERGING Markets Fund buys 38 lakh at Rs 83/share
Speciality Restaurants-L&T Equity Fund buys 11.4 lakh shares at Rs 175/share-Anjan Chatterjee (Promoter) sells 12 lakh shares at Rs 175/share-As of September 2014, Anjan Chatterjee held 1.54 crore shares i.e. 32.86 percent stake
Crompton Greaves-Bags order from Belgian company Northwind-Wins order to monitor offshore high voltage substation-Has 60 percent share in operations & maintenance of substations
SEBI: PTI-Bars 260 entities for securities market fraud-Suspects tax evasion, black money laundering via stock exchange platforms-To refer cases to I-T Department, ED & other agencies SpiceJet-Gives options to modify cancelled/rescheduled ticket-Revokes additional charges on modification
Tata Power says-Technical snag developed in unit 7 at Trombay station-Extent of fault/repair to be known once rotor end rings dismantled
8K Miles issues 14 lakh convertible warrants on preferential basis-8K Miles allots convertible warrants at Rs 398.60/share
R Systems board approves buyback of shares up to Rs 6 crore-R Systems buyback of shares at maximum Rs 100/share
Other stocks and sectors that are in news today:-State Bank of Travancore board approves draft letter of offer for rights issue-Axis Bank/L&T/ITC in focus: Government no longer looking to sell Specified Undertaking of UTI's (SUUTI's) stake in private-sector companies through the exchange-traded fund (ETF) route-German conglomerate Siemens looking at expansion of its manufacturing base of healthcare equipment such as X-ray and other products in India to cater to the global market-MOIL: Govt has started the process of appointing merchant bankers for the disinvestment which could fetch around Rs 500 crore to the exchequer-Emco board approved the proposal to seek approval for making private placement offer-M&M in order to win market share, has lined up close to a dozen launches for new year-Bharti Airtel: Huawi Technologies has secured a three-year contract from Bharti Airtel for supply of base stations and other equipment for its 4G networks in Karnataka and Tamil Nadu Telecom circles-FIBP approves HDFC Bank's plan to raise Rs 10,000 crore: Sources-Bajaj Auto bags order from Sri Lankan government for 1.25 lakh Discover-125M bikes-Essel Propack: Bombay HC approves merger of arm EP Lamitubes with company-Government ratifies 8.75 percent interest rate for EPFO subscribers for FY15-Flipkart raises USD 700 million in financing round
RBI deputy governor HR Khan says-Lot of telecom companies interested in payment bank-Banks can also form joint ventures with telecom companies-Bharat Bill payment system will be in place by 2015-end-RBI has made relaxation for prepaid card payments-SBI has been a major player in mobile banking-Proposals from banks including SBI for tap-and-go banking
GST Bill Fine Print-Goods and Services Tax (GST) will replace number of indirect taxes-GST shall be levied & collected by Government Of India-GST council shall be constituted within 60 days of Constitutional Amendment Bill implementation-GST council shall be chaired by FM Arun Jaitley-MoS Finance, State FMs will be GST council members-Vice-chairman of GST council shall be elected from members-GST council quorum will need 50 percent attendance of members-GST council decisions through 3/4th majority, voting-GST council may decide on modalities to resolve disputes-Centre to have 1/3rd weightage in votes, states to have 2/3rd-Alcohol kept out of GST ambit-Centre to compensate states for revenue losses due to GST for up to 5 years-1 percent additional tax on inter-state trade of goods for 2 years-Revenue from 1 percent additional tax to go to states
Central Board of Direct Taxes (CBDT) signs first bilateral APA with a Japanese trading companyAlert: APA is Advance Pricing Agreement-First bilateral APA negotiation took 1.5 years-CBDT signs agreement at 3 levels under bilateral APA with Japan-First agreement between competent authorities of India and Japan-2nd agreement between CBDT and Japanese company In India-3rd agreement between Japanese tax authority & the group company in Japan
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