22 March 2012

22 March: Stocks in News : Edelweiss

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Stocks in News
    Mahindra Satyam, Tech M merge to create $2.4bn co; 17: 2 swap ratio cheers investors of both companies (ET)
    UltraTech eyes Adhunik`s N-E plant; in talks to buy Meghalaya unit for INR 7bn (ET)
    RBI tightens norms for gold NBFC`s (ET)
    GVK to sell stake in Oz Coal, Rail & Port projects (ET)
    GSM subscriber base rises by 8.4mn in Feb; Idea gains the most (ET)
    Cairn seeks nod to sell crude directly to RIL SEZ (ET)
    Steel prices to rise by up to INR 1000 a tonne (MINT)
    Unitech agrees to sell its Uninor stake at fair value (BS)
    BOI raises fixed deposit rates (BS)
    A Panel of secretaries referred the issue of residual govt stake sale in Balco and Hind Zinc to Vedanta group to an EGoM, which will meet soon to take decision (BS)

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