Stocks in news: DLF, Asian Paints, Suzlon, RIL, IOC, BPCL

Published on Wednesday, May 13th, 2009 at 8:59 AM
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Author: admin (5507 Articles)

Here are stocks that are in news today:

Results today: Balaji Telefilms, Geojit Financial, Hindustan Motors, JK Lakshmi Cement, Lupin, Shriram Transport Finance

DLF – Exclusive: Sources Say
-Promoters to sell 16.8 crore shares via market sale, may raise nearly Rs 3,800 crore
-Promoters likely to sell approximately 9.9% equity via market sales
-Stake sale to take place via over-night book-building issue
-Private investment companies controlled by Rajiv Singh and family to sell stake

Telecom – Exclusive
-DoT (Department of Telecom) finalises terms for special audits of Bharti, Vodafone, Idea and Tata Tele
-Special audit to cover FY08 and FY09 revenue of telecom companies
-Audit to assess whether correct revenue data given to DoT
-Alert: Reliance Communication special audit already underway
SEBI grants Bharti 4-week extension to reply on Vodafone stake buy: sources

Asian Paints Q4 Consolidated
-Net sales at Rs 1,424.92 crore versus Rs 1,133.04 crore
-Net profit at Rs 101.14 crore versus Rs 94.52 crore

Here are stocks that are in news today:
Exclusive: Rambhaben Ukabhai Tanti, mother of Tulsi Tanti (Suzlon), to offload 30 million shares today
US bankruptcy judge holds Sterlite-Asarco deal exclusivity status: Reuters
Tata Steel plans Rs 3000 crore non-convertible debenture issue
RIL (Reliance Industries) may repay Rs 15,000 crore debt this fiscal – BS
RIL, Essar, IOC among 6 companies keen on Ratnagiri’s LNG terminal: PTI
Government may issue oil bond worth Rs 10,300 crore to IOC, BPCL and HPCL this week: PTI
Max India board meet on May 15 on issue of shares up to Rs 150 crore to IFC on preferential basis
Simbhaoli Sugars board meet on May 18 on buy back of FCCBs
Board meets: Television Eighteen to consider rights issue
Alok Industries still in NSE F&O curb

Indian ADRs: Wipro up 6%, Infosys up 3%, Satyam, Tata Motors up 1%, ICICI Bank up 4%

Source : MoneyControl

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