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10 December 2010

Stocks in News: Edelweiss: Dec 10, 2010

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Stocks in News
§  Rallis to acquire Metahelix Life (ET)
§  Munjals seek bridge loan for Honda stake buy in JV (ET)
§  Nalco shortlists two cos as partners for 16k-cr Indonesian power project (ET)
§  EFPO suspends investments in LIC Housing Finance (Mint)
§  NMDC to set up Rs 25cr crore plant in Karnataka with Sevesteral (Mint)
§  Bhel Board approves plan to set up NBFC (Mint)
§  Apollo gets board nod to raise Rs 900cr (Mint)
§  Piramal announces Rs 2508cr buyback (Mint)
§  ONGC bids for Exxon stake in Angola block (DNA)
§  LIC Housing Finance raises Rs 750cr (DNA)
§  Merck seen close to buying majority stake in Cipla (DNA)
§  Hindalco set to get Rs 7660cr from Novelis (DNA)

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