Here are stocks that are in news today:
Results Today: United Spirits, Tata Motors, PNB, Sun TV Network, Indian Oil Corporation, Divis Labs, Crompton Greaves, UCO Bank, SREI Infra, Shasun Pharma, Rashtriya Chemical, Power Finance Corporation, Indian Hotels, NDTV, Max India, Kingfisher Airlines, Indian Bank, IL&FS Transport, City Union Bank, BEML, Great Eastern Shipping, Chambal Fertilizers, Westlife Developers, Subros Competition Commission of India sources on Jet Airways-Etihad-To consider Jet-Etihad deal at commission meeting on Monday
-Waiting for Air India views on Jet-Etihad deal
-Air India sought extension till November 8 to submit reply
-To consider internal report findings at Monday meeting
-Jet-Etihad submitted more details after making changes in deal
-Original deal papers filed in anticipation of government clearance
-Contours of deal changed since time of original filing
-Decision will be based on internal report, relevant rules
-30-day trigger for making deal public not yet triggered
-30-day trigger applicable from day of last clarifications
-Cannot be blamed for delay if filing 'half-baked/defective'
-Party took time in furnishing additional information
-Cannot say if deal will be cleared at next meeting Economic Offences Wing (EOW) sources
-EOW releases first order of attachment
-Borrowers' properties attached in first order
-Properties of ARK were listed in first order of attachment
-Official valuation of properties has not been done
-Confident value of assets to be enough for recovering investors’ money
-Have listed 20-25 properties for attachment in first order Power Minister says
-Cabinet Panel okays Power Grid FPO
-Cabinet Panel okays Power Grid 13 percent fresh issue, 4 percent share sale Mirc Electronics
-Board meeting on November 13 will announce results
-Board meeting to discuss fund raising through issue of equity shares through right issue Redington India
-Board approves sale either in part or wholly the investment in M/s. Easyaccess Financial Services
-M/s. Easyaccess Financial Services, a wholly owned subsidiary of company Hero MotoCorp
-Appoints Rajat Bhargava as head of strategy
-Marcus Feichtner to head engine design, development operations Other stocks and sectors that are in news today:
-S&P assigns BBB- to Kotak Mahindra Bank; outlook negative
-Drug Regulator ask Sun Pharma to halt clinical research at its Mumbai facility: ET
-ONGC, RIL to sign confidentiality pact on KG data: FE
-Vijaya Bank board to mull issue of preferential shares worth Rs 250 crore to government on November 11 Tech Mahindra Q2:
-Consolidated net profit at Rs 718 crore versus Rs 686 crore (QoQ)
-Consolidated revenue at Rs 4,771 crore versus Rs 4,103 crore (QoQ)
-Consolidated forex loss at Rs 26 crore versus gain of Rs 134 crore (QoQ)
-Consolidated other income at Rs 38 crore versus Rs 207 crore (QoQ)
-Other income includes forex loss of Rs 26 crore
-Consolidated EBITDA at Rs 1,111 crore versus Rs 864 crore (QoQ)
-Consolidated EBITDA margin at 23.3 percent versus 21.05 percent (QoQ)
-Dollar revenue at USD 758 million versus USD 724 million (QoQ)
-Debt stands at Rs 335 crore as on September 30
-IT attrition rate at 16 percent versus 15 percent (QoQ)
-IT utilisation rate at 75 percent versus 76 percent (QoQ)
-Vineet Nayyar says, 'Digital world is the next phase of company's growth'
From boardroom: Tech Mahindra says
-Rupee did have an impact on company’s earnings in Q2
-Overall impact on growth from rupee at 33-34 percent
-Traditionally, Q3 a weak quarter for company
-Saw significant growth in margins over & above rupee as well
-Further expansion of margins is extremely difficult
-Relationship with BT remains strong
-Continue to get highest share of BT wallet
-Not worried about 1 percent decline in utilisation rate Cummins India Q2
-Net profit at Rs 144.8 crore versus Rs 161 crore (YoY)
-Total income at Rs 932.7 crore versus Rs 1,087 crore (YoY)
-EBITDA at Rs 153 crore versus Rs 200 crore (YoY)
-EBITDA margin at 16.4 percent versus 18.4 percent (YoY) SpiceJet Q2
-Net loss at Rs 559.5 crore versus loss of Rs 163.5 crore (YoY)
-Net sales at Rs 1,246.1 crore versus Rs 1,172.9 crore (YoY) Aurobindo Pharma Q2
-Net profit up 5.7 percent at Rs 235 crore (YoY)
-Total income from operations up 27.6 percent at Rs 1,913.9 crore (YoY) Eicher Motors Q3
-Consolidated net profit at Rs 107.4 crore versus Rs 66 crore (YoY)
-Consolidated total income at Rs 1,736 crore versus Rs 1,483 crore (YoY)
-Consolidated EBITDA at Rs 210 crore versus Rs 111 crore (YoY)
-Consolidated operating margin at 12.1 percent versus 7.5 percent (YoY) Prestige Estates Q2
-Net profit at Rs 77.6 crore versus Rs 45.7 crore (YoY)
-Total income at Rs 475.3 crore versus Rs 241.4 crore (YoY)
-EBITDA at Rs 119 crore versus Rs 73 crore (YoY)
-Operating margin at 25 percent versus 30 percent (YoY) Arvind Remedies Q2
-Net profit at Rs 13.1 crore versus Rs 6.9 crore (YoY)
-Net sales at Rs 219.4 crore versus Rs 169.7 crore (YoY) MOIL Q2
-Net profit at Rs 90.6 crore versus Rs 108.6 crore (YoY)
-Net sales at Rs 226.8 crore versus Rs 229.5 crore (YoY) United Breweries Q2
-Net loss at Rs 18.6 crore versus profit of Rs 34.2 crore (YoY)
-Net sales at Rs 752.2 crore versus Rs 781.1 crore (YoY) TV Today Q2
-Net profit at Rs 13 crore versus loss of Rs 9.1 crore (YoY)
-Net sales at Rs 91.5 crore versus Rs 67.3 crore (YoY) Ingersoll-Rand Q2
-Net profit at Rs 18.6 crore versus Rs 16.6 crore (YoY)
-Net sales at Rs 148.4 crore versus Rs 141 crore (YoY) Radico Khaitan Q2
-Net profit at Rs 17.3 crore versus Rs 22.1 crore (YoY)
-Net sales at Rs 341.6 crore versus Rs 288.1 crore (YoY) Va Tech Wabag Q2
-Net profit at Rs 17.4 crore versus Rs 17.7 crore (YoY)
-Net sales at Rs 464.5 crore versus Rs 347 crore (YoY)
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