Thursday, April 23, 2009

Stocks in the news: ITC, Tata Motors, Amtek Auto, Apollo Tyres & Marico

ITC cracks the whip on foods unit, warns to turn profitable within specified time, threatens to withdraw financial support (Company does revenues of Rs 800-1000 crore but is yet to report operating profits)

Shree Cement chief – Bangur books 1000 Nano

Tata Motors FD scheme mops up Rs 2000 crore

Amtek Auto in talks to buy OCL Iron & Steel

IDFC plans banking foray

Marico sells US arm Sundari for undisclosed sum

Apollo Tyres buyback up to Rs 25/sh opens today ((CMP Rs 21.85))

Dr Reddys Labs launches pro-vitamin D2 drug Redispar in India

KPIT Cummins to adopt AS-11 accounting standard to report Q4 results

Kalindee Rail board meet on April 28 to consider buy back of FCCBs

Valecha Engineering boards meet on April 30 on issue of warrants to promoters on preferential basis

Still in NSE F&O curb: Alok Industries, Unitech


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