Here are stocks that are in news today:
Results Today: Thomas Cook, ESAB India
GSK Plc To CNBC-TV18:-Open offer is GSK's commitment for India-Think the price offered is fair, committed to open offer-Have not had any separate discussions with investors-Specific actions on open offer fall under GSK India board-Will See Short-term Volatility In Markets Like India-Long-term prospects in India stay-Volatility on pricing policy & trade short-term in nature-India a key engine for company's unique model of volumes in emerging markets (EMs)-1st drug from Dr Reddy's Labs (DRL) JV ready, to file for nod in Europe this year-DRL JV drug combination therapy for cardio-diabetes-Plan to use European nods to seek approvals in EMs-Already sourcing generics from DRL for EMs, Brazil-Investing in Indian manufacturing to primarily support growth-Eventually plan to use India manufacturing for EM sales
Ashok Leyland says-Company considering sale of Chennai property-Have not sold company's Chennai property as of now-Exploring various options to cut down company's debt-Chennai property is also a non-core asset of company-To divest company's non-core assets to cut down debt
Coal Ministry-De-allocates over 12 coal blocks for delay in development-De-allocates coal blocks of Jindal Steel, Hindalco Industries, Tata Power, UltraTech Cement, Monnet Ispat, Sterlite Energy, Reliance Energy, GMR Energy, ArcelorMittal, Prakash Industries, JK Cement, Lanco Group
Inter-ministerial gropu (IMG) to meet on February 25 to review coal block allocation: Sources-IMG to review 10 coal blocks that need stage-2 forest clearance-About 15 coal blocks need stage-1 forest, environment clearance-5 coal blocks stuck at state level for want of mining lease-IMG not to review coal blocks stuck at state level for mining lease-Coal ministry de-allocates 29 coal blocks on IMG’s recommendation-IMG recommended de-allocation of 31 coal blocks-Allottees of 2 coal blocks have moved court for a stayAlert: SC directed govt to take action on 61 non-producing coal blocks-29 de-allocated coal blocks includes blocks of Essar Power, Tata Group, GVK, ArcelorMittal
Kingfisher Airlines says-CEO Sanjay Aggarwal submits his resignation to company-Sanjay Aggarwal’s resignation is under consideration, not accepted yet
Hero MotoCorp-Cuts vehicle prices By 2-5 percent-Cuts vehicle prices by up to Rs 4,500Hero MotoCorp says-'Decided to pass on benefit of excise duty cut to customers'-'Judiciously spread out price cut across our product portfolio'
January telecom data:-India added 85.8 lakh GSM users versus 68 lakh users (MoM)-Bharti Airtel added 24.3 lakh GSM users versus 18.1 lakh users (MoM)-Idea Cellular added 15.3 lakh GSM users versus 2.7 lakh users (MoM)-MTNL lost 95,861 GSM users versus 10,907 addition (MoM)-Videocon added 2.6 lakh GSM users versus 3 lakh users (MoM)
Finance ministry sources-Sought clarity on HDFC Bank's shareholding patternAlert: Foreign Investment Promotion Board had deferred plan to up foreign investment cap in HDFC Bank
On CNBC-TV18: BPL Mobile founder Rajeev Chandrasekhar says-'Can't comment on if Airtel is best suitor for Loop or not'-'Consumers are a service provider's biggest asset'-'Statements from telecom companies that tariffs may go up disturbing'-Issue of cartelisation is not unique to telecom sector-Acquiring 3 million Mumbai subscribers is valuable proposition for Airtel-'TRAI will & must intervene if there is any evidence of cartelisation'-'Assuming both Airtel and Loop are happy with the price'
Tara Jewels-DB International Asia sells 3.35 lakh shares at Rs 89/share-IDFC Mutual Fund buys 9.86 lakh shares at Rs 89/share
Other stocks and sectors that are in news today:-Tech Mahindra, Financial Technologies come closer to deal talk: ET-Aditya Birla Telecom gets Rs 2,400 crore tax notice, transfer of assets to Idea not tax exempt: TOI-India and ADB sign USD 130 million loan for railway sector investment program - Tranche-II-Muthoot Finance promoters may sell stake once RBI clears bank licence: BS-Quadricycle will be allowed to ply in cities across India from October 1, 2014-Vakrangee faces shareholder ire over issue of preference shares, doubt source of funds-CBI registers cases on imported coal supply to NTPC, NSPCL (NSPCL: NTPC-SAIL Power Co)
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