Here are stocks that are in news today:
Results today: ITC, ICICI Bank, IDBI Bank, Adani Port, Adani Power, GAIL, Bharat Electronics, Bharat Forge, Colgate Palmolive, Indian Overseas Bank, Wockhardt, Shree Cement, Sterlite Technologies, TVS Motor, Arshiya International, CCIL, Essar Oil, Gateway Dirstriparks, HT Media, Just Dial, KEC International, Noida Toll Bridge, Pantaloon Retail, Praj Industries, Repco Home, Shoppers Stop, Taj GVK, Welspun India
NHPC buyback likely in 40-50 days: Finance ministry sources
-PSU ETF proposal close to being finalised
-10-12 of top 20 PSUs to form basket for PSU ETF
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Power Grid FPO likely in November
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Coal India's 5 percent divestment to yield Rs 9,000 crore
-Coal India buyback or special dividend likely
Vedanta Chairman Anil Agarwal says:
-Government unnecessarily taking time to decide on
Hindustan Zinc (HZL), BALCO divestment
-Government needs to take a call on exiting HZL, BALCO
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Cairn produces oil at USD 3 a barrel as against ONGC’s cost of USD 40 a barrel
-Open to buying Cairn Energy's 10 percent in Cairn India at a later stage
-No formal talks yet with Cairn Energy to buy its stake in Cairn India
Infosys announces major leadership expansion
-Adds 12 members to the executive council (EC) team
Alert: Executive council had 16 members as of FY13
-Adds Ganesh Gopalakrishnan to executive council
Alert: Ganesh Gopalakrishnan is senior VP, information systems at Infosys
-Adds Dheeshjith VG, Eric Paternoster to EC
Alert: Dheeshjith VG is senior VP, growth markets at Infosys
Alert: Eric Paternoster is CEO & president, Infosys Public Services
-Adds Gautam Thakkur, Haragopal Manigupudi to EC
Alert: Gautam Thakkur is CEO & MD of Infosys BPO
Alert: Haragopal Mangipudi is senior VP, Finacle business at Infosys
-Adds Jackie Korhonen, Manish Tandon to EC
Alert: Jackie Korhonen is senior VP & country head for Australia, NZ
Alert: Manish Tandon is senior VP, Life Sciences at Infosys
-Adds Muralikrishna K, Ravi Kumar S to EC
Alert: Muralikrishna K is senior VP, computers & communications at Infosys
Alert: Ravi Kumar is senior VP, insurance at Infosys
-Adds Ronald Hafner, Sanjay Jalona, Subu Goparaju to EC
Alert: Ronald Hafner is CEO, Infosys Lodestone
Alert: Sanjay Jalona is senior VP, manufacturing at Infosys
Alert: Subu Goparaju is senior VP, Infosys Labs at Infosys
Other stocks and sectors that are in news today:
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REC may take over Abhijeet group projects to recover dues: Mint
-SEBI and government plans sweeping changes to allow MFs access to PF money: ET
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SKS promoter entity plans to move CLB against company for not allowing board seat: ET
-SIFO charges
Deccan Chronicle, directors with violation: ET
-LIC, IDBI reject PE firms call to list NSE: ET
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Unichem Lab gets US FDA approval for hypertension drug Norvasc generic
-Food Minister says to mull industry's demand for
sugar import duty hike Idea Cellular Q2 Q-o-Q
-Consolidated net profit Rs 447.6 crore versus Rs 462.7 crore
-Consolidated revenue at Rs 6,323.3 crore versus Rs 6,538.8 crore
-Consolidated EBITDA at Rs 1,971.5 crore versus Rs 2,076 crore
-Consolidated EBITDA margin at 31.2 percent versus 31.75 percent
-ARPM at 44.7 paise versus 43.7 paise
-Average revenue per user at Rs 164 versus Rs 174
Idea says
-Revenue market share stands at 16.2 percent
-Incremental revenue market share growing at over 30 percent
-Traditionally Q2 a weak quarter for telecom industry
-Proposal of QIP has a window of 1 year
-Looking at raising Rs 3,000 crore via QIP
-Fund raised via QIP will be earmarked for spectrum auction
-Will not use capital for debt reduction
-Have free cash flows of over Rs 2,000 crore to reduce debt
NMDC Q2 Y-o-Y
-Net profit at Rs 1,318 crore versus Rs 1,679 crore
-Total income at Rs 2,480 crore versus Rs 2,612 crore
-EBITDA at Rs 1,494 crore versus Rs 1,935 crore
-Operating margin at 60.2 percent versus 74.1 percent
Biocon Q2 Y-o-Y
-Consolidated net profit at Rs 102.1 crore versus Rs 89.6 crore
-Consolidated revenue at Rs 740.8 crore versus Rs 628.6 crore
-Consolidated EBITDA at Rs 176 crore versus Rs 153 crore
-Consolidated operating margin at 23.7 percent versus 24.3 percent
Biocon says
-FY14 outlook remains positive; capex commitments on track
-Expect regulatory approval for Biosimilar Trastuzumab soon
Tata Sponge Iron Q2 Y-o-Y
-Net profit at Rs 18.3 crore versus Rs 25.8 crore
-Net sales at Rs 180.3 crore versus Rs 188.5 crore
Atul Q2 Y-o-Y
-Net profit at Rs 55.5 crore versus Rs 48.7 crore
-Net sales at Rs 574.3 crore versus Rs 537.1 crore
Essar Shipping Q2 Y-o-Y
-Net loss of Rs 11.2 crore versus loss of Rs 36 crore
-Total income from operations at Rs 491.5 crore versus Rs 782.4 crore
JK Tyre Industries Q2 Y-o-Y
-Consolidated net profit at Rs 65.8 crore versus Rs 55.3 crore
-Consolidated net sales at Rs 1,799 crore versus Rs 1,867 crore
JK Tyre
-Board okays preferential issue of equity shares/convertible securities to promoters
-Promoters' shareholding to go up by 5 percent to 52.34 percent post preferential issue
Thomas Cook Q3 Y-o-Y
-Consolidated net profit at Rs 15.2 crore versus Rs 10 crore
-Consolidated total income at Rs 436.7 crore versus Rs 105.5 crore
Deepak Fertiliser Q2 Y-o-Y
-Net profit at Rs 45.4 crore versus Rs 40.6 crore
-Total income at Rs 990 crore versus Rs 691 crore
Monsanto India Q2 Y-o-Y
-Net profit at Rs 7.6 crore versus loss of Rs 12.1 crore
-Net sales at Rs 95.5 crore versus Rs 56 crore
Rane Engine Q2 Y-o-Y
-Net loss at Rs 49 lakh versus loss of Rs 3.51 crore
-Net sales at Rs 64 crore versus Rs 62.8 crore
FIPB did not take up Swedish company H&M's FDI proposal today
Alert: H&M has proposed to invest Rs 700 crore in India
Ratan Tata to CNBC-TV18
-Next step to get NOC from aviation ministry
-Excited about FIPB approval to Tata-Singapore Airlines
-'A lot of work needs to be done at our end now'
-Have met finance minister today
-Will apply for NOC to aviation ministry shortly
