India Buzzing Stocks - Keynote Capitals (February-8-'11)

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Buzzing Stocks

·        Coal India may soon come out with a solution for all land-related issues faced by the mining companies.

·        Wipro announced sweeping changes across its IT business that will now be driven by six new business units aimed at quicker decision making and accountability.

·        M&M announced its entry into the construction equipment business with the launch of the first indigenously developed — Mahindra EarthMaster- backhoe loader.

·        JSW Steel has deferred the open offer for picking an additional stake of 20 per cent in Ispat Industries.

·        NTPC is slated to spend over Rs 56bn on "green" projects in the coming five years.

·        SAIL is forming an equal equity joint venture with Japan’s Kobe Steel, for a new plant in Durgapur.

·        Fortis Healthcare plans to invest Rs10bn in rolling out a dozen new hospitals across the country.