Friday, May 22, 2009

BOR: Stocks in action for the day: Bharti, Dr Reddys, Ranbaxy, DLF, Maytas

Bharti Airtel - -Bharti Airtel to enhance global voice and data delivery capability -Bharti Airtel to invest up to $100 million to expand presence globally -Bharti Airtel aims to cover all major geographies via PoPs (points of presence) Bharti to launch sub Rs 8000 Net PC.

Dr Reddys: -To merge drug discovery operations into arm Aurigene -To create new group for proprietary products development

Ranbaxy buys trademark, marketing rights for Ochoa Labs' skincare products

Jindal Saw board approves issue of 27.3 lakh convertible warrants @ not less than Rs 308.08/sh to promoters

Gammon India board approves issue of 1.6 crore convertible warrants @ Rs 90.20/share to promoters on preferential basis

HDIL board meets on May 23 to consider QIP issue

Reliance Capital may list insurance.

Banks want Tata Power to provide fixed assets as collateral to hedge Rs 8000 crore forex loan.

French company Eole close to buying DLF Wind power for close to Rs 1000 crore.

Maytas may sell more stakes to IL&FS.

Man Industries board meet on May 29 on issue of warrants to promoters on preferential basis

Allianz to fund Bajaj's life business, till FDI in insurance is hiked

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