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Buzzing Stocks
· Reliance Industries has urged the government to open up domestic uranium exploration and mining in line with NELP.
· Havells India expects to double its capacity for compact fluorescent lamps (CFLs) within the next two years.
· J&K has managed its assets better during the 2010 summer unrest compared with 2008 agitation. In the first half year it added `336mn to its bad assets if compared to a whopping `1.36bn of NPAs.
· NHPC is set to ramp up its power generation capacity in the country to 5,322 MW by the end of the 11th Five-Year Plan in March, 2012.
· Welspun Infra Projects, a group firm of Welspun Corp, will buy a 35 per cent strategic stake in Leighton Contractors, a unit of Leighton International, for `4.7bn.
· GMR Infrastructure will kickstart the development of a port-based multi-product special economic zone at Kakinada in Andhra Pradesh, after entering into a share subscription and shareholders agreement for acquiring 51% stake in Kakinada SEZ Pvt Ltd.
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