Monday, March 9, 2009

Stocks in the news: Tata Steel, Sun Pharma, Kotak Mahindra Bank & HCL Tech

M&M cuts Scorpio prices by up to Rs 70,000 on lower metal costs
Sun Pharma extends Taro offer expiration date to March 20:
DoT ask MTNL, BNSL to stop 3G service until security agencies put up requisite infrastructure to track these high-end services
Kotak Mahindra Bank likely to bid for RSB assets in India
Religare in talks with 3 MFs for buys
Tata Motors considering setting up assembly plant in Pune for Nano
HCL Tech emerges lowest bidder for IT contract from BSNL
Tata Metaliks scraps West Bengal project
Essar Oil to shut down Jamnagar Refinery for 18 days from April 13 for maintenance
UCO Bank cuts BPLR by 50 bps to 12.5%; sees further cut by March 15
GHCL forfeits subscription money for 45 lakh convertible warrants issued to promoters ((promoters asked for extension of 60 days, which can’t be given))
Greenply Industries board approves issue of convertible warrants & rights issue up to Rs 75 cr
KLG Systel bags order worth Rs 40 crore from Punjab State Electricity Board
Diamond Cable board approves 1:3 bonus issues
Mobile Store (Part of Essar group) in talks to buy int. calling card co Matrix
New iron ore contract prices to be 40% lower
Pledge meter: -Mundra Port & SEZ promoters pledge

allvoices

No comments: