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India Equity Research Reports, IPO and Stock News
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News headlines: Corporate
Sun Pharma has announced plans to merge its US arm Caraco
Pharma Laboratories in a deal for US$5.25 per share. (ET)
Department of telecommunications may serve notice to Idea
Cellular on the termination of licences for violation of crossholding
norms in six circles, following merger with Spice
Communications in October 2008. (BS)
GlaxoSmithKline Consumer Healthcare is targeting to expand
in the food business. (BS)
Siemens AG has won a power supply contract for Chennai metro.
(BS)
News headlines: Economic and political
Prime Minister Manmohan Singh has asked for the formation of a
Joint Parliamentary Committee to investigate into the allocation of
2G telecom licenses. (BS)
Government may dilute some provisions of the proposed mining
law regarding profit sharing. (ET)
An empowered panel of ministers will meet shortly to decide if
retail fuel prices in India need to be raised. (ET)
Cement companies are likely to hike prices by Rs7-10 per 50-kg
bag in the western region. (ET)
TRAI has asked telecom companies to discontinue SMS termination
charges. (BS)
New Delhi Metro's Airport Express Line will open today. (BS)
The Civil Aviation ministry plans to take a tough stand on airline
cartelization. (BS)
The department of telecommunications (DoT) has drawn up a draft
strategic plan that includes spectrum sharing by operators,
introduction of mobile virtual network operators (MVNOs), setting
up a committee to review the use of spectrum and a uniform
licence fee across services. (BS)
CBI may be investigating into the Pune Urban Land Ceiling scam
cases. (ET)
News headlines: Corporate
Government has invited expression of interest to sell 773 acres of
surplus land of Tata Communications (VSNL). (ET)
SEBI has approved the plans of State Bank of Bikaner and
Jaipur (SBBJ), associate bank of SBI, to raise up Rs8bn through a
rights issue. (ET)
Mahindra Finance has raised Rs4.3bn through a qualified
institutional placement (QIP). (Mint)
Jindal Stainless plans to acquire Ahmedabad-based Shah Alloys.
(ET)
Niko has said that it has option to increase stake in three RIL
blocks. (BS)
Ministry of Heavy Industries and Public Enterprises is considering
an outright sale of government’s stake in sick public sector units —
HMT Bearings and Scooters India. (BS)
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
News headlines: Corporate
Sun Pharma has announced plans to merge its US arm Caraco
Pharma Laboratories in a deal for US$5.25 per share. (ET)
Department of telecommunications may serve notice to Idea
Cellular on the termination of licences for violation of crossholding
norms in six circles, following merger with Spice
Communications in October 2008. (BS)
GlaxoSmithKline Consumer Healthcare is targeting to expand
in the food business. (BS)
Siemens AG has won a power supply contract for Chennai metro.
(BS)
News headlines: Economic and political
Prime Minister Manmohan Singh has asked for the formation of a
Joint Parliamentary Committee to investigate into the allocation of
2G telecom licenses. (BS)
Government may dilute some provisions of the proposed mining
law regarding profit sharing. (ET)
An empowered panel of ministers will meet shortly to decide if
retail fuel prices in India need to be raised. (ET)
Cement companies are likely to hike prices by Rs7-10 per 50-kg
bag in the western region. (ET)
TRAI has asked telecom companies to discontinue SMS termination
charges. (BS)
New Delhi Metro's Airport Express Line will open today. (BS)
The Civil Aviation ministry plans to take a tough stand on airline
cartelization. (BS)
The department of telecommunications (DoT) has drawn up a draft
strategic plan that includes spectrum sharing by operators,
introduction of mobile virtual network operators (MVNOs), setting
up a committee to review the use of spectrum and a uniform
licence fee across services. (BS)
CBI may be investigating into the Pune Urban Land Ceiling scam
cases. (ET)
News headlines: Corporate
Government has invited expression of interest to sell 773 acres of
surplus land of Tata Communications (VSNL). (ET)
SEBI has approved the plans of State Bank of Bikaner and
Jaipur (SBBJ), associate bank of SBI, to raise up Rs8bn through a
rights issue. (ET)
Mahindra Finance has raised Rs4.3bn through a qualified
institutional placement (QIP). (Mint)
Jindal Stainless plans to acquire Ahmedabad-based Shah Alloys.
(ET)
Niko has said that it has option to increase stake in three RIL
blocks. (BS)
Ministry of Heavy Industries and Public Enterprises is considering
an outright sale of government’s stake in sick public sector units —
HMT Bearings and Scooters India. (BS)
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