23 December 2010

Buzzing Stock - Keynote Capitals (December-23-'10)

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Buzzing Stocks
·        Tata Power is developing a 25 MW solar photovoltaic power project at Mithapur, and it has signed a Power Purchase Agreement for the project with GUVNL.
·        IT bellwether Tata Consultancy Services (TCS) has entered into a multi-year agreement to accelerate hospitality firm Hilton Worldwide’s technology strategy as part of the ‘Hilton Worldwide Innovation Collaborative’ initiative.
·        South Africa's Neotel, a unit of Tata Communications is considering restructuring as it faces tough competition in Africa's biggest economy.
·        BHEL has bagged three orders for setting up solar photovoltaic power plants with a capacity of 2 MW each.
·        Oil Ministry says the delay in deciding on Vedanta’s acquisition of Cairn India will not have any impact on the 9th round of NELP.
·        Marg Ltd, a Chennai-based diversified infrastructure company, is planning to promote projects worth `27.6bn over the next three years.
·        A consortium led by BS TransComm has bagged a `3bn 765 kV transmission system from Rural Electrification Corporation. Patel Engineering and Simplex Infrastructure are part of the consortium.
·        Radico Khaitan is in advanced talks for marketing tie-ups with three overseas companies.


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