Edelweiss Research - December, 22 2010- Stocks in News

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Stocks in News

§  JSW to pick up 41% of Ispat in $3-b deal (ET) §  CIL close to buying stake in Peabodys Australian mine (ET) §  Essar bids for Shells Stanlow refinery (ET) §  SAIL in talks for African unit (ET) §  RIL,Sibur to invest $450 m (ET) §  Tata Chem,Rallis enter agro commodity biz (ET) §  Rio Tinto makes $3.8-bn offer for Riversdale ( BS) §  Lanco Infra gets Rs 4100cr contract from Moser Baer (Mint) §  Small shareholders opposes Satyam’s merger with TechMA (DNA) §  REC arm to sell unit (DNA) §  Orchid drug gets US nod (DNA) §  Alembic gets US FDA nod (DNA)