Friday, August 29, 2008

Stocks in news: Punjab Chemicals, Jai Corp, Gremach Infra

Stocks in news:

* Board meetings:
Punjab Chemicals to consider acquiring product portfolio
* Ex-dividend:
Gujarat Alkalies (Rs 3.50) and Varun Shipping (50 p)
* Inflation for weekended Aug 16 at 12.40% Vs 12.63%
* June 21 inflation revised to 11.91% vs 11.63% earlier
* Trading in NSE currency derivative segment to begin today
* CNBC Impact; SEBI On DIP Norms:
To Allow Filing Draft Offer For Issues At Regions Up To Rs 50 Cr
Alert: Filing Draft Offers In Regions Earlier Was Up To Rs 20 Cr
Sub A/cs In Foreign Corp/Individual Category To Be Excluded From QIB
* Ratan Tata says:
Significant Rise In Raw Material Costs May Result In Ind Recession
Looking At JVs In Mozambique, Ivory Coast, Oman
* Tata Motors: On NewsWire18
Not To Hike Car Prices Now: Tata Motors Official
Aim To Improve FY09 Margins Via Cost Cuts: Tata Motors Official
Vehicle Demand Seen Improving From Oct: Tata Motors Official
* GHCL:
Some Shareholders Seek Replacement Of Sanjay Dalmia As Director
Gets Sec 257 Notice Challenging Directorship Of Sanjay Dalmia
Alert: GHCL AGM On Sep 12
* Kalpana Morparia
Leaves ICICI Group As VC, Insurance & AMC Business
To Join JPMorgan India As Country Head
* Wadias, Danone close to resolving dispute, French Co may give control once it receives its dividend - ET
* Recession in steel likely: Ratan Tata
* Greater Noida Airport plans short down, Attorney General says new airport must wait till DAIL capacity is saturated - DNA
* Cement prices fall in North by Rs 5-10/50kg bag as supply improves - ET
* Jai Corp eyes gas distribution biz - ET
* Petrobas eyes 2 OVL oil fields in Brazil - ET
* Gitanjali pulls out of bid to buy US based retail chain Whitehall - ET
* Zenith Computers unveild low cost PC at Rs 11,999
* Deccan to be rebranded as Kingfishre Red - BS
* Tainwala Chemicals and Plastics open offer at Rs 16.15/sh
* Tata Steel global eyes $1bn PE deal, may offload 8-10% stake - Mint
* BSE gets SEBI in principle nod for exchange-traded Currency derivatives
* Unitech subsidiary gets 4.4 MHz spectrum in 1800 MHz GSM band in Madhya Pradesh
* Mascon Global board GDR issue up to $60 mn
* Nectar Lifesciences board approves splitting FV of shares from Rs 10 to Re 1
* Gremach Infrastructure gets formal approval from Maharashtra govt for metals SEZ
* IOL Netcom board meet on Sep 4 to consider issue of shares / convertible warrants on preferential basis
* Tata Steel Q1FY09 (Including Corus)
Cons PAT At Rs 3,901 Cr Vs Rs 2,431 Cr
Cons Sales At Rs 43,508 Cr vs Rs 31,162 Cr

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