29 February 2012

29 Feb: Stocks in News :: Edelweiss

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Stocks in News
    Dabur’s Burman buys out JV partner in Wrapster foods. (ET)
    TCS bags deal from South Africa’s Nedgroup insurance. (ET)
    Shasun Pharma in talks with US co to sell 11% stake. (ET)
    Bharti, Vodafone bat for tariff deregulation. (ET)
    Japan’s NEC in talks to acquire Hexaware. (ET)
    Idea extends managed services deal with Ericsson. (ET)
    DTH players seek tax cuts, feel levies may make business unviable. (ET)
    Tea makers sizzle on price hike, shortage talk. (ET)
    Power Grid to raise INR 1k cr through reverse auction. (ET)
    Union bank may cut home, education loan rates. (ET)
    LIC sells 2% stake in Tata Global beverages for INR 161 cr. (ET)
    ONGC auction on March 1; floor price INR 290 a share. (ET)
    Saddled with INR 4,000-cr debt, HDIL selling land parcels. (ET)
    Essar Oil loses INR 3,013-cr insurance claim. (BS)
    Govt ready with 3-pronged plan on cancelled 2G licences. (BS)
    ONGC unlikely to counter PTT bid. (BS)
    Orchid chemicals redeems FCCBs. (DNA)

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