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Stocks in news: Tata Motors, HDFC Bank, UltraTech, GMR, TCS

Tata Motors | United Spirits | Alstom T&D India | Tata Communications | TCS | Tata Power | HDFC Bank | Financial Technologies | UltraTech Cement | Jaiprakash Associates | NHPC and GMR Infrastructure are stocks, which are in the news today.

December 24, 2013 / 11:43 IST
     
     
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    Here are stocks that are in news today:

    Malaysia Airports-To buy 40 percent stake in Istanbul Airport from GMR Infrastructure-To buy GMR Infra's stake in Istanbul Airport at 225 million euros

    On CNBC-TV18 GMR Infrastructure says-Deal with Malaysia Airports not yet concluded-In right of first refusal (RoFR) process with regards to Istanbul Airport deal

    NHPC says-In pact with Orissa government to form JV for 6 hydel projects-Orissa Hydel projects to have total capacity of 1,020 MW

    Competition Commission of India (CCI) approves Ultratech Cement's buy of Jaypee Cement units (subsidiary of Jaiprakash Associates)UltraTech Cement-CCI approves deal with Jaypee Cement-To seek shareholders’ approval on January 20

    CNBC-TV18 exclusive: SBI chairman says-Asset quality stress continues to be a concern-Expect growth/investments to pick up post 2014 election-Flooded with liquidity, looking to support small borrowers-Difficult to implement insurance broking guidelines-Have sensitised officials about receiving gifts post Shyamal Acharya case-Have appointed bankers and expect to complete QIP by March 2014

    Financial Technologies says-Received show cause notice from SEBI on December 20-Replied to SEBI show cause notice on December 21

    FIPB says-To meet on December 30 to consider 12 proposals-To consider Vodafone, Tesco, HDFC Bank FDI proposals

    Delhi power distribution companies sources say-50 percent cut in tariff would mean Rs 3,500-4,000 crore loss-Tariff cut impact would have to be borne by state government-Delhi govt will have to hike subsidy for domestic powerAlert: Rs 550 crore power subsidy being borne this year by state-Demand for Comptroller and Auditor General of India (CAG) audit is sub judice in Delhi High CourtAlert: 80 percent of discom revenue goes into power purchase

    Tata group companies in focus-Promoter got pledge on 1.5 crore Tata Motors shares released December 20-Promoter got pledge on 1 crore Tata Communications shares released December 20-Promoter got pledge on 2.135 crore Tata Power shares released December 20-Promoter Tata Sons got pledge on 87 lakh TCS shares released December 20                           F&O inclusion-Mahindra & Mahindra Financial and Apollo Hospital-Inclusion in the F&O space from next contract onward Tata Housing-In pact with Alstom T&D India to buy Bangalore unit land-To buy Alstom T&D's 20-acre Bangalore unit land for Rs 120 crore

    BSE to shift 14 securities to T2T segment effective today-Edserv Softsystems, Alliance Integrated Metaliks, Asian Oilfield Services-BSE to shift 8 securities and NSE to shift 2 stocks back to rolling segment with effect from December 24 2013-Includes names like Aftek, Morepen Laboratories

    November Data-Crude oil output up 1.1 percent at 3.14 million tonne (YoY)-Natural gas output down 11.3 percent at 2.89 billion cubic metre (YoY)-Refinery capacity utilisation 100.7 percent versus 107.0 percent (YoY)-Oil refinery output down 5.0 percent at 17.80 millio tonne (YoY)

    HDFC MF-In pact to buy all 8 schemes of Morgan Stanley MF in India-Acquires combined assets of 8 schemes worth Rs 3,290 crore

    Other stocks and sectors that are in news today:-Fitch affirms Tata Motors at BB; outlook stable-Suntory joins race to buy out Whyte and Mackay: ET-Domestic airfare up 25 percent on Christmas travel: BS-SREI Infra to keep its United Spirits shares, company unable to sell as banks have moved court to grab these: BS-Jaypee to sell 2 power units to TAQA, Canadian pension fund for atleaset USD 1.5 billion: Mint-India evacuates all its oil employees from South Sudan; to shut down oilfields amid escalating violence: PTI

    first published: Dec 24, 2013 08:40 am

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