Stocks in news:
* Board meetings:
Helios & Matheson, Monnet Ispat and Quintegra Solutions results
* Ex-dividend:
Apar Ind (Rs 4), Emami (Rs 4.50), FDC (Re 1), Hind Rectifiers (Rs 2), JP Associates (20 p), Satyam (Rs 2.50), Tata Power (Rs 10.50) and TVS Electronic (Re 1)
* Ex-split:
India Info & Sesa Goa come out of ND period
* Dempo group to sell 40% stake in iron ore firm, proceeds to be used for Goa Carbon - BS
* Inflation for week-ended Aug 2 up at 12.44% vs 12.01%
* Hindalco Rights Issue
Board Panel OKs Rights Issue at Rs 96/shr; Each Shr Has FV Of Re 1
Investors Get Right To Buy 3 Shrs For Every 7 Held
Co To Close Books On Record Date Of Sep 5
5 banks to underwrite Hindalco rights issue - Mint
* Hindalco's Australian Copper mine has turned out to be commercially unviable - ET
* Tata Steel in fresh talks to sell Corus unit; may get over Rs 3,000 cr
* Reliance Infratel scraps IPO plans as Sebi deadline lapses
* Trai as DoT to take action against GSM players (Bharti, Idea, Vodafone) if they fail to connect their network to R Com's GSM network by Aug 21 - ET
* Tata Power, Reliance Infra, DLF and CESC in race to acquire WB based Dishergarh Power Co - DNA
* Govt changes norms for ultra power projects, Reliance Power to benefit - Mint
* DoT starts 3G auctions, invites request for proposal to select agency to conduct e-auction - DNA
* Reliance Big Entertainment, Soros deal struck over valuations - ET
* Datacom promoters (HFCL) alleges Videocon has passed of Rs 1000 cr loan from Bank (SBI) to its own contribution to Datacom's equity - ET
* IDRs(Indian Depository Receipts) will have to pay STT - ET
* Minda eyes Italy's Vimercati, deal valued at $50-55m - ET
* Institutions will have to pay 100% for IPOs soon - BS
* Aviation ministry suggest reduction tax burden on ATF along with hiking FDI limit - DNA
* Pricing, cost may hit DR Reddys AOK bid which is worth 2bn euros - DNA
* Electrotherm close to buying mines abroad - DNA
* ONGC refuses to reimburse service tax on onshore vessels they hire - DNA
* Cosmo Films plans Rs 240 cr expansion - BL
* Nagarjuna Const foraying into power sector - BL
* Rolta eyes $2bn sales for Nuke projects - BS
* JSW's Mozambique unit likely to face delays - DNA
* Hindustan Sanitarwary eyes 2 acquisitions in Europe - ET
* Govt ropes in pvt players for Delhi slum rehab, DLF, Omaxe, Raheja express interest - ET
* Excise waived for goods used in ultra power projects - BL
* Rel Comm Net Adds 1.75 m Subscribers In July (CDMA + GSM)
* Bharti Airtel crosses 75 m subscriber mark; becomes 4th-largest single-country operator globally
* Tata Group to invest Rs 150 cr to power Gujarat cement plant
* Vakrangee Softwares board approves preferential / right issue
Monday, August 18, 2008
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