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Friday, August 7, 2009

Stocks In News. Today

NHPC IPO opens today, closes Aug 12; offer of 167.73 cr shares, price band Rs 30-36

ADAG Says

Gas Price Of $4.2 mmbtu Is At Premium Of More Than 100%
Price Formula Applied By RIL Did Not Have Oil Min Approval
RIL Gas Price Up 20% While Intl Crude Prices Down 50%
Intl Gas Prices Came Down 75% In The Same Period
Fertlizer Subsidy Can Reduce By Rs 5,000 Cr If Gas Sold At $2.34/mmbtu
Alert: Murli Deora Said Gas From KG D6 Will Reduce Fertlizer Subsidy By Rs 3,000 Cr

Exclusive: Sources Say

Govt May Consider Revising Gas Allocation Priority
Power Plants, Incl Existing Ones, May Get Top Priority
Alert
At Present, Fertiliser Sector Has First Priority
Existing Power Plants 4th On Priority, New Power Plants 6th

MCA Sources Say: Exclusive

L&T Will Need CLB Nod For Stake Sale In Mah-Satyam
L&T Has Not Moved CLB On Stake Sale In Mah-Satyam
L&T's Stake Sale Mah-Satyam Legally Unviable

From Sources:

Fin Min Keen On Early 3G Auction
FM Underlines Need For Urgent EGoM Decision On 3G Auction
Next 3G EGoM Meeting Likely On August 20

Dewan Housing

Arm To Float PE Fund In Partnership With Redwood
PE Fund To Scale Up Size To Rs 3,000 Cr In 3-5 Years

Other stocks and sectors in the news

Hind Zinc Ups Silver Rate To Rs 23,681/kg Vs Rs 23,592/kg: NW18
Marico's 100% Bangladesh subsidiary ups IPO size to 10% from 5%
Carborundum Universal mulling demerger of China JV ops

Ex-split:

Austral Coke from Rs 10 to Re 1
KGN Industries from Rs 10 to Re 1

1.64 cr Texmaco shares to hit the market ((QIP issue))
1.48 cr Tata Power shares to hit the market ((GDR issue))

Results today: Gati, Greaves Cotton ((FY09 ended June))

Index changes from Aug 14
ICRA to replace Matrix in BSE-500 index
Matrix to be removed from BSE-Healthcare index
(Matrix to get delisted)

SQL Start open offer at Rs 10.50/sh (CMP Rs 11.81)

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