Here are stocks that are in news today:
Results Today: Castrol, Bosch, Elantas Beck
Economic Survey to be tabled in the Parliament at 12 noon today
SBI to CNBC-TV18:
-Recall notice to Kingfisher Airlines (KFA) likely in a month
-Sub-committee is seeking legal opinion on recalling loans
-Bank lenders' group have formed sub-committee
-Action on assets pledged once loan recall notice sent to KFA
-Welcome competition in banking sector following new licences
-It is good to have new players in the banking sector
-Stringent norms required in the banking space
-RBI has laid down banking licence norms with a lot of thought
NTPC :
-Board okays investment of Rs 1,314.6 crore for Jharkhand mining project
-Board okays investment of Rs 11,638.5 crore for MP thermal power project
Alert: MP thermal power project yet to get environmental nod from Ministry of Environment and Forests (MoEF)
NMDC sources say
-Hike in rail freight may hurt company's margins in January-March
-Will pass rail freight hike on exports in FY14
-Hike in rail freight affects export business only
PVR completes acquisition of 23.9 percent stake in Cinemax India ; total stake at 93.2 percent
Alert: PVR had made an open offer to acquire 23.9 percent stake in Cinemax India
Fairfield Atlas board approves delisting of company’s shares from BSE
Alert: Company’s promoter TH Licensing had made proposal to purchase shares of company
Alert: TH Licensing held 16.09 percent stake in company as of December 31
IndiGo to benefit most from KFA 's cancelled international routes: CNBC-TV18 Exclusive sources say
-IndiGo's fleet best suited to fly routes vacated by KFA
Alert: IndiGo plans to import 16 A320s this year
-IndiGo may seek lucrative routes like Dubai, Thailand
-IndiGo, SpiceJet to compete for available bilaterals in summer schedule
Alert: Summer schedule will be effective from April 1
-IndiGo, SpiceJet filling domestic slots vacated by KFA
Alert: Govt withdrew international traffic rights from KFA on Monday
Sources say S Varadarajan to replace RK Singh as BPCL CMD: PTI
Alert: S Varadarajan is currently Director (Finance) in BPCL
Bata Q4:
-Net profit at Rs 51 crore versus Rs 45 crore (YoY)
-Total income at Rs 509 crore versus Rs 431.3 crore (YoY)
-EBITDA at Rs 80.4 crore versus Rs 74 crore (YoY)
-OPM at 15.8 percent versus Rs 17.1 percent (YoY)
Other stocks and sectors that are in news today:
- TCS pays USD 30 million to settle US wage dispute
-Govt sources say SAIL offer for sale likely on March 20: NewsWire18
-Sugar decontrol likely post budget: Food Ministry
-CBI may close probe into Unitech MD taped talks with 2G prosecutor, awaiting SC’s view: ET
-Govt mulls new, complex pricing formula for patented drugs: ET
- Mawana Sugars moves BIFR for revival plan: ET
- Coal India says no direct impact of freight rate on Coal India
- Hindalco declares lock-out at Silvassa plant due to continuation of illegal strike by workmen
- Orient Paper completes demerger of cement unit
- SMS Pharma board approves buy-back proposal worth Rs 46.5 crore at Rs 300/share (CMP at Rs 215/share)
-SEBI to set up panel for revising insider trading norms
BSE to lower stock circuit limit of 12 companies from tomorrow: CNBC-TV18 Exclusive
-BSE caps maximum movement in a day at 10 percent for 5 stocks
Alert: 10 percent cap stocks include Aanjaneya Lifecare, Bhagwati Banquets, Gemini Communications, Sudar Industries
-BSE caps maximum movement in a day at 5 percent for some companies
Alert: 5 percent cap stocks include DB Realty, 7 Seas, Bhoruka Aluminium, Broadcast Initiatives, Vardhman Polytex & W H Brady
