30 December 2011

30 Dec: Stocks in News :Edelweiss,

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 Stocks in News
State run companies may raise petrol prices by INR 2.25 from Jan 1 (ET)
Aditya birla group plans to set up $ 500-m Viscose fibre plant in Turkey (ET)
SAILKobe steel to invest INR1,500 cr in JV to make iron ore nuggets (ET)
Chinese cos bags INR 1,800-cr contracts to develop Hind copper mines (ET)
Union bank cuts lending rate 10bps (ET)
The government has decided to award new coal blocks only to those power firms that quote lower tariffs (ET)
Sebi may allow Co owners to auction shares on bourses (ET)
ONGC to set up N-plant fertilizer unit, Solar projects (ET)
Godrej properties sells 49% in arm to PE fund (ET)
SBI’s loan disbursal falls as home sales plummet (ET)
Power cos line up to tap pension funds PFC,REC & NTPC to launch long term infra bonds to raise INR 3000-5000 cr each (ET)
Dr Reddy’s plans Lipitor generic launch in June (DNA)
NTPC to invest `18,300 cr for 2,900 mw capacity (DNA)
SBI may go for QIP next financial year (BS)
Chennai port rejects Mundra’s INR 3700-crore bid (BS)
Ashok Leyland wins skirmish may get control of British bus maker optare as rival retires from fight (BS)

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