Buzzing Stock - Keynote Capitals (March 21-'11)

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Buzzing Stocks

·      Ashok Leyland & Nissan together plans to invest `2500Cr for setting up a factory to manufacture Light commercial vehicles.

·      Monnet Ispat acquires the 100mn tonne coal mine in Indonesia.

·      Sesa Goa eyes set to acquire another mine in Kolha Roida in Orissa owned by Orissa Minerals Development Corporation.

·      United Spirits to invest around `600Cr to set up glass manufacturing plants to rein in volatile input costs.

·      Rural Electrification Corporation is planning to raise around $1bn in 2011-12 through a corporate bond issue in the USA,

·      Voltas Limited and KION Group GmbH have agreed to establish a joint venture in India for the development, manufacture, marketing, and servicing of forklift trucks and warehousing equipment.

·      Lanco Infratech Ltd has announced that Lanco Anpara Power Limited, a Group Company, has Synchronized Unit-I (600 MW)