Thursday, February 26, 2009

Stock in News: JP Associates, Siemens, Malco, Tata Motors & Fortis Healthcare

  • Oil Minister says no plans as of now to cut diesel prices:
  • Alert: Interim Foreign Trade Policy to be announced today: Commerce Secretary
  • WPI rejig plan deferred for the time being
  • Government allows entry of Mobile Virtual Network Operators into the country
  • DoT sources say: -Notification for MVNOS within 15-20 days. -Need TRAI approval on couple of issues before notifying. -Telecom companies can give telecom services without getting a license. -Foreign operators can take spectrum on lease from existing operators
  • JP Associates says to get refund of Rs 207 crore for bid for UP power project ((bid of SAIL accepted))
  • RBI governor to meet bankers on Friday to discuss credit flows, liquidity situation
  • Siemens-investors spat intensifies, investors accuse company of tampering profits before stake sale to parent:
  • Malco delisting offer at price not over Rs 105/sh ((CMP Rs 90)); offer opens Mar 17, closes Mar 20.
  • Apollo Sindhoori open offer update: promoter’s stake of 56% yet to be transferred to AV Birla
  • Tata Motors launches lifestyle Xenon XT pickup
  • Matrix gets WHO approval for generic HIV drug
  • Hydro S&S buyback up to Rs 2.6 cr revised opening date Feb 26
  • Board meets: Fortis Healthcare, Gujarat Gas, Merck, Videocon Ind results

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