Stocks in news:
· Re-listing:
Lords Chloro Alkali (after reduction of capital)
Hindustan Copper from Sep 9
· Ex-split:
Sona Koyo still in ND period (out on Sep 10)
· Board meetings:
Valiant Communications on buyback
· Ex-dividend:
Aban Offshore (Rs 3.60), ONGC (Rs 14) and REC (Rs 3)
· Ex-bonus:
JM Financial at 3:2
· Ex-split:
JM Financial from Rs 10 to Re 1; goes into ND period, out on Sep 15
· Govt not "in hurry" for private participation in N Power projects: Minister of state for power - FE
· KKR eyes BT's stake in Tech Mahindra - ET
· Metavante, which owns 20% stake in First Source, appoints Goldman Sachs to sell its stake, first round bid expected this month - FT
· Singur deadlock ends:
Mamata Banerjee calls off agitation; state govt, Trinamool reach consensus
No construction at ancillary units until joint panel report out
Tata sources say: no communication from West Bengal govt yet
· SAT allows Sasken to proceed with buyback; condition imposed by SEBI to place orders on daily / weekly basis stayed
· S Kumar Nationwide set to acquire Italian shirting firm for 75m euro - Mint
· ONCG renews drilling in Cauvery deepwater block, hope of a breakthrough soon - BL
· Sebi clears Future Venture IPO with few riders, co need to utilize the fund within 3 yrs and the needs shareholder approval to buy more than 20% stake in any co - ET
· ADAG buys 75% stake in US based Webcaster Willow TV for $60-70m
· Wipro puts 3000 employees under scanner for under-performance, some may be asked to leave - ET
· Bulk diesel user will have to pay market price of Rs 22/litre under dual pricing mechanism - ET
· Govt to dilute stake in 2 PSU fertilizer co Hindustan Fertilizer Corp and Fertilizer Corp India to raise Rs 700 cr - ET
· RBI may agree on release on Inflation data on monthly basis - PTI
· Jaisal Securities open offer at Rs 50/sh
· Visa Steel is said to have piped Tatas, Jindal for Tangarpada chrone ore in Orrisa - DNA
· Hotel Leela launches floating casino in Goa, to contribute Rs 25 cr revenues in first yr of operations
· Logix Microsystems board approves preferential issue of 1.25 lakh shares at Rs 320/sh to buy Add-on-Auto LLC
· IOL Netcom board approves issue of 60 lakh convertible warrants at Rs 120 on pref basis to non-promoters
· Essel Propack buys 74% stake in US-based Medical Engineering & Design in all cash deal
· 20 Microns IPO opens today; offer of 43.5 lakh shares, price band Rs 50-55
· Tata Motors to go ex-rights from Sep 9; to be in ND period between Sep 9-15
Monday, September 8, 2008
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