Tuesday, December 30, 2008

Stocks in Action: Reliance, Rel COM, Rolta

Indian ADRs: HDFC Bank up 10%, ICICI Bank up 9%, Satyam up 6%, Tata Motors up 8%

Satyam: Sources Say: Min Of Corp Affairs Waiting For Registrar Of Cos Report On Satyam. Registrar Of Cos To Submit Report On Satyam-Maytas In About 2 Weeks

Satyam Comp Pledged Shares: Sources Say: Promoters Had Pledged 5.5 Cr Shares To 4 Institutions. Promoters Pledged Shares To IL&FS Trustees, DSP ML: Sources
DSP ML Does Not Hold Any Pledged Shares Anymore: Sources
Alert: IL&FS Trustees sold 1.04 cr shares or nearly 1.5% since Dec 24
Raju Stake In Satyam Might Have Fallen To As Low 3.5-4%

Satyam Confirms M Rammohan Rao's Resignation; Declines To Give Reason

From NW18: Oil Minister Says Govt Considering Cut In Petroleum Product Prices

Tata Motors closes Pune CV plant for 3 days

Reliance may have to pay a premium for heavy crude on OPEC supply cut: BL

Rel Com raises USD 1.5b from export development banks for GSM rollout

OVL’ open offer yet to receive 90% subscription: BS

Lanco, NTPC, Rel Power, Jindal Power & Sterlite Submit Bids For Pillai UMPPs

Tata Cap, Religare & Edelweiss in race to buy IDBI home finance for Rs 170-200 cr: ET

3G auctions postponed to Jan 30th on poor response from foreign operators

Cummins to dispose of power generation rental power biz: FE

Rolta India acquires US-based Piocon Technologies


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