Here are stocks that are in news today:
Results Today: NIIT Technologies, Liberty Shoes, Maharashtra Scooters, Geojit BNP
Competition Commission of India (CCI) gives clean chit to 5 steel manufacturers, says no evidence of cartelisationCCI says-5 steel manufacturers are SAIL, Tata Steel, JSW Steel, ISPAT Industries and Essar Steel-Steel prices are fixed after negotiation with customers-Customers did not confirm cartel like behaviour by steel manufacturers
UB group challenges HC order on United Spirits (USL) stake sale to Diageo: Sources-Diageo also moves SC challenging HC order on USL stake buy-UB group to seek SC hearing on USL stake sale on WednesdayAlert: Karnataka HC said USL stake sale to Diageo null amd voidAlert: Karnataka HC order had questioned transfer of funds between both players
Government says-IOC looking to buy more crude oil from Canada-IOC recently bought one cargo of Canadian crude oil-BPCL urged Libya for reviving term contracts for oil supply
From PTI: Competition Appellate Tribunal (COMPAT) says-To issue notice to CCI on its order to slap penalty on Coal India (CIL)-Did not stay CCI’s Rs 1,773 crore penalty on CIL-Matter will be looked into during next hearing, scheduled on February 11Alert: CCI slapped penalty on Coal India on charges of anti-competitive practices-Status quo should be maintained until further orders regarding CCI's direction to modify fuel supply agreements and to cease, desist from unfair practices
Attorney General (AG) gives new opinion on January 8 paves way for Hindustan Zinc (HZL) stake sale: SourcesAG opines: Sources-HZL ceased to be a government company almost 10 years ago-HZL shares can be sold in open market-‘One way out to sell shares in open market if market price considered fair’-Government selling HZL shares is a policy decision-CBI’s preliminary enquiry (PE) in HZL’s original divestment a fait accompli-‘Did not have to consider question of amendment of acquisition Act’-Did not have to consider the fact CBI had filed PE in original divestment
Engineers India FPO likely to hit market next month: Government Sources-Government aims to raise Rs 500 crore via Engineers India FPO-Engineers India road shows for FPO to begin January 16-To hold Engineers India road shows in Singapore, Hong Kong
NSEL case update: Economic Offences Wing (EOW) says-6 brokers have been summoned for questioning-Nirmal Bang, Ventura and Best Deal have been summoned-Have directed Anand Rathi, Motilal Oswal and Geojit to submit additional documents
Alphageo India gets extension of contract from Oil IndiaAlphageo India says-Oil India additional contract value is Rs 15.71 crore-To complete Oil India contract by June-end
CMC Q3 Consolidated (Q-o-Q)-Net profit at Rs 70.54 crore versus Rs 67.3 crore-Net sales at Rs 560.9 crore versus Rs 560.7 crore-EBITDA at Rs 91 crore versus Rs 67.3 crore-EBITDA margin at 16.2 percent versus 15.8 percentCMC says-Expect to maintain Q3 margin in Q4-Q3 revenue from US market at 59 percent versus 61.1 percent
Merck-Reliance Mutual Fund buys 2.56 lakh shares at Rs 549/share-American Fund Insurance A/c sells 1.42 lakh shares at Rs 549/share-Smaller Cap World Fund INC sells 1.14 lakh shares at Rs 549/share Escorts-Goldman Sachs Singapore PTE sells 15 lakh shares at Rs 121/share-Morgan Stanley Asia Singapore PTE buys 15 lakh shares at Rs 121/share
Coal India in focus-Board meeting today on special dividend-CNBC-TV18 had reported the company may pay 15-20/share as a dividend-Competition Appellate Tribunal stays Rs 1,773 crore fine on Coal India, next hearing on February 11
Other stocks and sectors that are in news today:-Vedanta Resources received 99.81 percent votes in favour of Cairn India buyback-Apollo Tyres: Promoters release pledge on 31.8 lakh shares on January 8-MCX-SX board approves 1:1 rights issue-UCO Bank declares interim dividend of Rs 2/share-Godrej Properties launches phase 3 of Godrej E-City in Bangalore-Deccan Chronicle to mull share issue on preferential basis on Thursday-Gati: Derive Investments buys 4.7 lakh shares at Rs 61/share-IT body rules against Birla Unit's plea, which challenged Rs 2400 crore tax demand: ET-Gujarat HC orders shutdown of 12 units of Adani Ports and SEZ-Enforcement Directorate likely to file charges against Kanimozhi, Raja in 2G spectrum case: ET-CNG to cost upto Rs 15 more from April: ET (Indraprastha Gas in focus)-Former chief executive of Reliance Power Chalasani to join Punj Lloyd
December CPI inflation at 9.87 percent versus 10.14 percent (MoM)CPI Data:-December CPI food inflation at 12.16 percent versus 14.72 percent (MoM)-December Core CPI inflation at 8.05 percent versus 7.97 percent (MoM)-December CPI urban inflation rate at 9.11 percent versus 10.53 percent (MoM)-December CPI rural inflation rate at 10.49 percent versus 11.66 percent (MoM)-December CPI combined fuel, light inflation at 6.98 percent-December CPI clothing, bedding, footwear inflation at 9.25 percent
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