Thursday, September 18, 2008

Stocks in news: Unitech, Videocon, Great Off, ONGC

Stocks in news:

Telecom Italia close to acquiring 49% stake in Unitech's telecom arm for $2 billion
Reliance move to HC over Raigard trade zone referendum against the SEZ - HT
Mukesh Ambani deadline to convert 120 million preferential warrant into equity at Rs 1402 per share expires by end of September - Mint
Barclays, BNP eye Lehman's India assets
RBI tell banks to sort out swap deal with Lehman Brothers - ET
Budhhadeb says
-Singur land communication failed to reach consensus, has lost its relevance
-Ratan Tata said will resume Singur work when normalcy returns
Videocon promoters to buy Thomson's 10% stake in company locked via GDR - BS
Gujarat NRE Coke board approves differential rights issue of 1 DVR share per 450 shares @ Rs 1000/sh (earlier they were mulling issue of 1 DVR share per 300 shares @ Rs 1000/sh)
Great Offshore to discontinue buyback
ONGC arm sees Sakhalin oil output falling 16% to 160,000 bpd 2009: NW18
Dewan Housing to raise about Rs 2,000 crore by end-March through equity issuances
IDBI Bank seeks RBI approval for Rs 1500 crore PE fund - BS
Indusvista Ventures open offer at Rs 25.5/sh
Surana Tele buy back offer at maximum Rs 50/sh
Unitech denies rumours/reports about Mumbai project with Lehman
Shriram EPC bags two orders worth Rs 81 crore from Rashtriya Ispat Nigam
Gallantt Metal board approves issue of up to 50 lakh shares to FIIs/NRIs/ strategic investors on preferential basis
Autoline Industries board approves acquisition of 100% stake in Koderat Investments in Cyprus
Zensar Technologies bags multi-year contracts worth over $10 million for infrastructure management
Golden Tobacco board meet on September 24 to consider demerger scheme
ArcelorMittal says to cut production by up to 15% to hold prices
Ex-bonus: Bank of Rajasthan @ 1:5
Ex-event: Mold-Tek corporate restructuring
Ex-split: Take Solutions from Rs 10 to Re 1
Ex-split: Era Infra & Gemini Comm in no-delivery period (out on September 24)

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