Tuesday, March 31, 2009

Stocks in action: Fortis, Satyam, Tata Power, NIIT, Sadbhav & Caral Info

Fortis Healthcare: In Focus

Fortis Healthcare close in on Wockhardt Hospitals, may buy 74% stake at Rs 750 crore
Caral Info to be in focus, holds around 9% stake in Wockhardt Hospitals.


Satyam: In action ahead of WL Ross interest seen in the company.

Satyam due diligence over, 6 suitors including WL Ross have inked non-disclosure pacts

Airlines again in pressure:

Jet Fuel prices may soar 15% from April 1st

Auto companies to be in action

Government plans to extend higher depreciation benefits on commercial vehicles of 50% for another 3 months till June end


Kotak Mahindra: -Pulls out of CDR process of Subhiksha. -Files objection to STSL-Blue Green merger: Alleges Rs 700 crore has been siphoned off: Subhiksha owes Rs 50 crore to Kotak Mahindra.


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