Here are stocks that are in news today:
Replacements in S&P BSE indices - effective todayExclusion-S&P BSE 500 - Wyeth-S&P BSE Small Cap - WyethInclusion-S&P BSE 500 - Sonata Software
Reliance Capital-To gain 12-fold from Yatra.com stake sale: TOI-Value of stake at Rs 500 crore which was purchased in 2006 at Rs 40 crore
Metal/Power/Cement in focus-Cabinet may decide coal auction floor price today-Cabinet may decide to fix floor price of Rs 150 per tonne
SBI Chairman Arundhati Bhattacharya says-Banks must be allowed to convert 30 percent debt in equity in loan recasts-Credit growth up 10 percent Y-o-Y, flat year-to-date-Seeing pick-up in commercial projects of realty companies-Repo rate cut would not make a big difference in lending-Have no exposure to SpiceJet
Finance ministry official says-Looking to sell stake in NMDC, National Fertilisers, RCF, STC, MMTC next fiscal-Cabinet approved 5 percent stake sale proposal in PFC and REC-Finance ministry expects Rashtriya Ispat's IPO in January-March-Draft cabinet proposal on 10 percent stake sale in Manganese Ore soonFinance ministry: Sources-PFC, REC divestment unlikely in FY15Alert: Cabinet committee on economic affairs (CCEA) approved 5 percent stake sale in PFC, REC each on November 20
Reliance Industries enters into a JV for textile business With China's Ruyi-Reliance Industries to hold 51 percent stake in JV, Ruyi will hold remaining 49 percent
RBI-Notifies rate subvention norms for women self-help groups-Women self-help groups can get loan up to Rs 3 lakh at 7 percent interest rate
India, Russia may sign energy pact during Russian President Vladimir Putin’s India visit: Reuters sources-India-Russia pact to include hydrocarbon supply by pipeline to India-Rosneft offers 10 percent stake in Vankor field to ONGC-Rosneft offers 49 percent stake in Yurubcheno-Tokhomskoye to ONGC-ONGC seeks 25 percent stake in Vankor field-ONGC seeks tax breaks on Yurubcheno-Tokhomskoye field-Not clear if Rosneft-ONGC deal will be finalised in New Delhi
Meeting of SpiceJet officials with Directorate General of Civil Aviation (DGCA) concludes-SpiceJet officials include COO Sanjiv Kapoor, CCO Kaneswaran Avili, CFO SL NarayananSources say-SpiceJet working on definitive plan to pay off dues-DGCA gives SpiceJet time till December 15 to come up with a plan
India wins WTO dispute on steel against USAlert: India had challenged US duties on hot rolled steelWTO says-US countervailing against Indian steel products illegal-US countervailing duty against Indian steel products illegal
Commerce ministry says-India has achieved a significant victory at WTO-Ruling will definitely help the domestic manufacturers-Relief to exporters buying raw material from PSUs like SAIL or NMDC-US method to calculate benefit w.r.t iron ore sale by NMDC unfounded-Will actively monitor implementation of WTO ruling by US
TDSAT sets aside DoT penalty of Rs 650 crore on Bharti Airtel-Telecom Disputes Settlement and Appellate Tribunal (TDSAT) sets aside Department of Telecommunications (DoT) penalty of Rs 100 crore on VodafoneAlert: DoT had slapped penalties on Airtel and Vodafone in July 2013Alert: Airtel, Vodafone offered subscriber local dialling (SLD) services between 2002-2005Alert: DoT said SLD services not permitted under licence agreement
TDSAT says-Penalty was slapped 8 years after SLD services discontinued-SLD services did not cause any loss to BSNL-DoT directed stoppage of services without verifying complaints-Penalties slapped are grossly disproportionate-Penalties are not means of revenue generation
Telecom commission finalises spectrum base price with some riders-Telecom commission finalises base price for 800, 900, 1800 MHz spectrum (Idea Cellular, Bharti Airtel, Reliance Communications, Tata Teleservices, MTNL in focus)-Telecom commission recommends Rs 3,646 crore per MHz reserve price for 800 MHz spectrum-Telecom commission fixes 800 MHz reserve price 17 percent higher than TRAI-Telecom minister to take final view on spectrum reserve price-Government targetting Rs 9,355 crore from spectrum auction
Infosys' CEO Vishal Sikka to CNBC-Founders still have a vast majority in the company-Infosys founders fully committed to company-Founders’ philanthropic work deserves greater appreciation-e-commerce has a huge opportunity in India-Huge opportunities for companies like Uber in India
Other stocks and sectors that are in news today:-SAT to hear DLF plea against SEBI order today-Wyeth ex-date for amalgamation-BASF to set up Rs 360 crore innovation campus in Navi Mumbai: DNA-BHEL to set up an integrated solar photo-voltaic manufacturing facility of around 500 MW per annum in Maharashtra: ET-Canara Bank revises interest rates on domestic/NRO/NRE term deposits w.e.f. December 10-RBI allows overseas investments by Indian alternative investment funds-Coal India says company to e-auction surplus coal from mines with evacuation constraints-Government may tweak gold import rules of star trading houses: Reuters sources-Coal India in pact with Solar Energy Corp to set up 750 MW solar power plants in MP-Tech Mahindra to allot 5 shares of company for every 12 held in MESL on merger
Disclosure: Reliance Industries has acquired management control of Network18, which owns TV18 Broadcast and moneycontrol.comDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.