Wednesday, November 19, 2008

Stocks in news: Airlines in action while DLF for down for the day

Steep rate cuts likely next week, RBI, govt discuss a 50-100 bps rate cut – BS

Govt announced 5% import duty on steel, iron, co’s say not enough, announces 20% import duty on Soya Oil

Govt likely to notify ATF as declared goods, will attract uniform sales tax pf 4%, fares could dip – ET

Reliance Industries (RIL) may raise Rs 5,000 cr from LIC via 11.5% NCDs: NW 18

Essar Oil to delay financial closure of refinery by 2-3 months – DNA

Pvt banks hike margin money on car loans – TOI

Delhi power agency accuses (Reliance Infrastructure) Reliance Energy of fraud to the tune of Rs 950 cr – HT

DLF cuts prices of its maiden Banglore project for Rs 3500/sq ft to Rs 2,775/sq ft

ESS Dee buys 90% in India Foils for Rs 120 cr

Gulshan Chemfill and Genus Power has jointly won tender to revive Jaipur Metals

Lactose India board approves issue of 9.85 lakh warrants to promoters

ABG Infralogistics board meet on Nov 19 to consider sale of bulk cargo handing biz to its subsidiary ABG Bulk Handling

Apollo Tyres and other entities settle insider trading case with Sebi for Rs 1 crore
Apollo Tyres and three other entities were charged with insider trading ahead of JV with Michelin in 2003

13.5 cr shares (bonus) of Guj NRE Coke hits today.

2.26cr shares (bonus) of South Indian Bank hits today

I cr shares (conversion of warrants) of JP Associates hits today

Supreme Industries to meet on Nov 26th to consider buy back of shares.

Cable Corporation moderates production at 2 plants, to operate 4 days a week

Eicher Motors and Selan Expo board meets tom to consider buy back of shares.

Jyothi Lab to split face value from 5 to 1 wef 12th Dec

Sugar case hearing today, no announcement was made yesterday


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