Tuesday, January 20, 2009

Stocks in Action for the day: TCS, Satyam, Balaji Tele, Maytas Infra

Exclusive: Sources Say: -SEBI's Primary Market Advisory Comm Recommends Disclosing Of Pledged Promoters Stake Mandatory
PC Gupta Says Their Seems To Be Nexus Between Satyam, Maytas Prop & Maytas Infra
Exclusive: Fin Min Sources Say: -Satyam's deposits in banks not worth over Rs 150 crore; distributed among PSU, private & foreign banks
-PSU Banks Have Zero Exposure To Satyam
-PSU Bks Have Exposure Of Rs 2000 Cr To All Satyam Arms, Associates, JVs
-PSU Banks Hold Securities Worth Rs 2,800 Cr Against Exposure
Satyam update: Sources Say: -Board Asks SEBI For Time Till Mar 31 To Declare Q3 Results ((deadline was Jan 31)) -Co Needs Close To Rs 500 Cr To Pay January Salaries To Employees -Needs At Least Rs 1,100 Cr To Tide Over Immediate Crisis
RoC Report On Satyam: From Sources: -Falsification Of Books, Fin Posn Overstated By Rs 5,000-6,000 Cr -Insider Trading By Promoter, Directors & Senior Officials Of Co
L&T appoints Nomura to advise on Satyam deal – ET
Satyam used Maytas valuations improperly: E&Y – BS
Satyam land buy to hurt DRL, co had acquired a sub of Satyam in 2003 – Mint
TCS may sign multi-million dollar deal with Ducati for consulting and sponsorship: Srcs.
Balaji promoters not to buy Star’s 26% stake in the Co – BS (Balaji was to buy stake at Rs 190/sh; CMP Rs 58)
Vedanta Terminates Rs 233 Cr Contract Township Proj With Maytas In Orissa
Tata Comm Acquires Additional 30% Stake In South Africa's Neotel
HUL cuts prices of soaps & detergents: ToI
Suzlon Energy bags 10 MW wind turbine order from Sri Lanka
Apollo Sindhoori open offer from Aditya Birla Nuvo opens today ((was to open on Oct 23))
Rolta India board approves buyback of FCCBs


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