May 20th, 2011:: Buzzing Stocks · Keynote

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Buzzing Stocks

·      Crompton Greaves Buys Sweden-based Emotron Group for Euros57.8mn.

·      Tata Power Okays 10-for1 Stock Split.

·      NorthGate's board approved scheme of arrangement & amalgamation between Northgate Technologies & Northgate com private ltd & Green Fire agri commodities

·      Vakrangee Software has bagged the UID enrollment project from Union Bank of India with approximate revenue to achieve `1500Cr from the UID enrolment.

·      Gammon Infra board has approved the proposal of rights issue up to `200Cr

·      Arvind Ltd board to meet & consider various fund raising options for an amount up to `300Cr.

·      Panel against subsidized gas supply to power companies & fertilizer plants and advised it should be sold at the market rates.