Thursday, August 7, 2008

Stocks in news: First Winner, Bharat Forge, IndusInd Bank

# Board meetings:
NRC results
# First Winner board meet on:
Installation of sizing machine & yarn dyeing project
Diversification into entertainment related business
Installation of new captive power plant at Tarapur
# Ex-dividend:
Bihar Caustic (Rs 1.50), Hotel Leela (50 p), KCP (Rs 2.50), Lumax Auto (Rs 1.50) and South Indian Bank (Rs 3)
# New IPO:
Austral Coke & Projects IPO opens today; offer of 72.6 lakh shares, price band Rs 164-196
# I-flex top management including Deepak Ghaisas, R Ravi and Rajesh Hukku may exit - ET
# Indonesian Govt has imposed $595m royalty charge on first generation coal co - DNA
# ICICI Bank discontinuing 2-wheller loans at the distributor's end - ET
# SAIL revamp cost trebled in 4 years, CVC to question steel ministry officials about the steep rise - Mint
# Idea Likely To Launch Mumbai Services By Last Week Of August: Sources
# Mid-size cars segment showing negative growth - ET
# PNB invites bid to sell its 74% stake in PNB Gilts, last date for EIO is August 14
# Govt says FY09 fertilizer subsidy seen at Rs 1.19 lakh cr: NW18
# Oil Min Says:
No Scope To Cut Retail Fuel Prices Despite Global Crude Prices Cooling
# NHPC:
Files Fresh IPO Draft Prospectus With SEBI
Government To Divest 5% Of NHPC Stake
NHPC To Go For Fresh Equity Issue Of 10%
# BSNL IPO gets go ahead, Raja to meet union representative today - FE
# Zandu Pharma files petition in Bombay HC challenging Emami's purchase of shares in the Co from Vaidyas - ET
# ACC's senior management to get Holcim shares as part of remuneration - ET
# Gopinath to sell 2% stake in Deccan - ET
# Bharat Forge to foray into ultra heavy forging biz - BL
# Union Bank Of India
Raises PLR By 75 bps To 14% From Aug 8
Hike To Impact Loans Linked To Floating Rates
No Impact On Existing Home & Education Loans
# IndusInd Bank hikes PLR by 75 bps to 17% with effect from Aug 4: PTI
# Eicher Motor July sales down 22% YoY at 1,850 units
# Nu Tek India Limited IPO price fixed at Rs 192/sh
# Simplex Castings consortium bags Rs 62.6 cr order from SAIL

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