Here are stocks that are in news today:
Results Today: L&T, Petronet LNG, Info Edge India, VST Industries, Akzo Nobel India, Crisil
Hindalco says
-Taken aback by cash discovery at 1 of company's offices by CBI
-'Have taken very serious view of the matter'
-Instituted internal team of senior managers to investigate
-Have asked internal team to report findings at earliest
-Will continue to co-operate government agencies in investigation
NSEL case:
-Former NSEL MD & CEO Anjani Sinha arrested
Anjani Sinha recants his affidavit: Sources
-Anjani Sinha shifts blames on NSEL board
-Anjani Sinha to be produced before court on October 18
-Economic Offences Wing (EOW) to attach properties of accused in NSEL case from tomorrow
Forward Markets Commission (FMC):
-Appoints 2 more independent directors on
MCX board
-Appoints former SEBI member G Anantharaman on MCX board
-Appoints former
ICICI Bank tech officer Pravir Vohra on MCX board
-Appointed 6 independent directors so far, to appoint 1 more
UK Regulator
-Asks pharmacies to return 5 drugs made by
Wockhardt-Drugs recall post ban on Wockhardt Aurangabad unit
-Wockhardt can still sell 10 products from Aurangabad unit
-No proof of patient safety risk from Wockhardt drugs
Wockhardt says
-Impact of recalled drugs in UK at around 1 million pound
-Got UK regulator nod to manufacturing some products at Chikalthana unit
Oil marketing companies (OMCs) hold back petrol price cut of Re 1 per litre ahead of elections: Sources
-OMCs say cushion needed as cut not possible around elections
-OMCs had cushion of about Re 1 per litre on petrol price on October 15
-OMCs have lost in excess of Rs 400 crore on petrol this fiscal
-No petrol price cut to also make up for FY13, FY14 losses
Axis Bank says
-Seeing turnaround in Indian economy
-Q2 loan growth at 16.9 percent; CASA growth at 14.5 percent
-Continue to be a well capitalised bank
-Restructured assets at Rs 1,031 crore versus Rs 690 crore (QoQ)
-Slippages at Rs 618 crore versus Rs 680 crore (QoQ)
-Cost-to-income ratio stands at 41.53 percent
DLF:
-Promoters to inter-se transfer 0.9 percent company stake by November
-Mallika housing to transfer up to 16 million shares to Pia Singh
Panel for road developer’s bailout to be set up soon: PTI sources
-Rangarajan to head panel on road developer’s bailout
Other stocks and sectors that are in news today:
-Qatar Airways eyes 24 percent stake in
Spicejet: BS
-
Raymond plans stake sale in engineering arm, eyes Rs 300 crore: BS
-
HSBC India shuts retail broking, depository business
-Dumping
Financial Technologies could cost MCX-SX Rs 6200 crore in compensation: ET (Auditors of draft panel estimate)
-Defense ready to free up more
3G spectrum: ET
Blue Star Q2
-Consolidated net profit at Rs 3 crore versus Rs 4 crore (QoQ)
-Consolidated net sales at Rs 67.2 crore versus Rs 57 crore (QoQ)
Liberty Phosphate Q2
-Consolidated net profit at Rs 1.4 crore versus Rs 13.1 crore (YoY)
-Consolidated net sales at Rs 86.4 crore versus Rs 135.2 crore (YoY)
Berger International July-September quarter
-Net profit at Rs 47 crore versus Rs 49.4 crore (YoY)
-Revenue at Rs 143.5 crore versus Rs 142.2 crore (YoY)
Sabero Organics Q2
-Consolidated net profit at Rs 16.4 crore versus Rs 4 crore (YoY)
-Consolidated net sales at Rs 214.2 crore versus Rs 136.1 crore (YoY)
