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Last Updated : Sep 11, 2014 09:09 AM IST | Source: CNBC-TV18

Stocks in news: IDFC, ONGC, Tata Motors, Coal India, DLF

Tata Motors | ONGC | Coal India | NHPC | Nestle India | DLF | Hathway Cable | Future Consumer | Info Edge | Mirc Electronics | NTPC and IDFC are stocks, which are in the news today.

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Todays L/H

Here are stocks that are in news today:

Cabinet Committee on Economic Affairs (CCEA)
-Approves Coal India, ONGCNHPC share sale
-Approves comprehensive telecom policy for northeast region
-Clears 5 percent stake sale in ONGC
-Clears 10 percent stake sale in Coal India
-Clears 11.36 percent stake sale in NHPC

Government proposes to garner approximately Rs 23,000 crore from Coal India offer for sale (OFS): Sources
-Government proposes to garner approximately Rs 17,000 crore from ONGC OFS
-Government proposes to garner approximately Rs 3,200 crore from NHPC OFS
-20 percent retail investor quota likely in NHPC, ONGC, Coal India OFS
-5 percent discount proposed for retail in ONGC, Coal India, NHPC OFS
-0.25 percent of paid up equity reserved for employees in ONGC OFS
-1 percent of paid up equity reserved for employees in Coal India OFS
-0.56 percent of paid up equity reserved for employees in NHPC OFS


5 trade unions of Coal India oppose CCEA decision on divestment: Sources
Sources on Coal India Trade Unions:
-Will continue to protest under 'work to rule' from September 18-20
-Will intensify protest against disinvestment in Coal India
-May resort to strike if government continues to go ahead with disinvestment
-Will take a final call on strike on September 21
Alert: Unions demanded no divestment and cut in e-auction on August 31

August auto sales: Tata Motors
-Jaguar Land Rover (JLR) global retail sales up 9 percent at 30,249 units (YoY)
-YTD JLR sales up 13 percent at 304,854 units (YoY)

-To raise up to Rs 2,000 crore via share sale to QIBs
-IDFC says floor price for share sale set at Rs 143.70/share

NTPC says
-Board approves investment of Rs 10,570.8 crore in 2 projects
-Board approves investment in Tanda super thermal power project, stage-II
-Board approves investment in Rammam hydro electric project, stage-III

Info Edge
-Closes QIP issue, raises Rs 750 crore
-Info Edge approves issuance of up to 1.01 crore shares at issue price of Rs 740/share

Mirc Electronics to issue 32.71 crore shares at Rs 6/share via rights issue
-Mirc Electronics says rights entitlement ratio is 5 equity shares for every 13 equity shares held on the book closure date

Other stocks and sectors that are in news today:
-Nestle India board declares Rs 30/share as second interim dividend for 2014
-DLF gets shareholders nod to raise upto Rs 5,000 crore via debenture
-Hathway Cable seeks shareholders’ nod to issue up to 47 lakh equity shares at Rs 320/share to FIIs
-Future Consumer says operations at company's 110 acre food park facility at Tumkur, Karnataka proposed to commence by end of September

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First Published on Sep 11, 2014 08:20 am
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