Tuesday, March 17, 2009

Stocks in News: Tata motors, JSW Steel, Malco, PNB Housing & Patni Comp

Tata motors for Nano loan to come at a hefty premium, SBI to charge 14-14.75% for 5 years loan
Tata Power may divest part of its stake in Mundra UMPP
JSW Steel sued in US for staff death at one of its plant in Baytown area
Brand House retail listing likely this week ((Demerged retail biz of S Kumar));
Malco delisting offer at price not over Rs 105/sh opens today ((CMP Rs 104))
LIC Housing Finance to cut existing home loan rates By 75 bps from April 1
PNB Housing may offload less than controlling stake: Sources
HDFC Mutual Funds ups stake in Patni Comp to over 5% from 1.3%.
Board meets: Spanco to consider fund raising via preferential / rights / FCCB issue

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