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Wednesday, August 19, 2009

Stocks in news:

  • RComm
  • Lupin
  • Cipla
  • RIL
  • Pantaloon
  • Edserv
Stocks that are in news today:

Results today: MphasiS Q3 ended July, Zenotech Labs Q1 ended June

CNBC-TV18 Exclusive:
-Bharti Realty & Unitech disqualified from HSIIDC (Haryana State Industrial and Infrastructure Development Corporation) auction on tech grounds
-Bharti Realty bid Rs 2,450 crore versus reserve price of Rs 1750 crore
-Unitech bid Rs 2,000 crore versus reserve price of Rs 1,750 crore
-DLF bid close to reserve price of Rs 1,750 crore

Rallis India
-Tata Tea board approves transfer of entire 24.52% stake ((29.38 lakh shares)) in Rallis India to Tata Chemicals up to Rs 850/share via inter-se transfer
-Alert: Deal may happen today, reports of merger post the deal

Cipla
-Cipla can sell generic version of Bayer’s cancer drug rules HC
-Delhi HC Orders Bayer to pay Rs 6.15 lakh to govt, Cipla
-Alert: Bayer holds patent in India for anti-cancer drug Nexavar

RIL - Mint Exclusive: Sources
-RIL looking to sell 15% stake in Rewas Port for additional funds
-Mint Alert: RIL's unit Reliance Logistics holds 55% stake in Rewas Port

Gammon India Says: Exclusive
-DMRC (Delhi Metro Rail Corporation) show-cause notice not to impact ongoing projects
-Company to remain sole contractor for all continuing projects: DMRC
-No commercial penalty mentioned in DMRC notice
-Uncertain if company will be allowed to bid for new project

Other stocks that are in news today:
RPG group’s Spencer to dilute 10% to raise funds – ET
Pantaloon to raise Rs 500 crore by selling non core business – BS
Daiichi Sankyo, Lupin in talks for marketing tie up – Mint
Reliance Communication in talks for Zain’s Africa operations – Reports
12.1 crore Anus Labs shares to hit the market ((bonus issue))
Edserv Softsystems board approves issue of 2.27 lakh warrants at Rs 88 to promoters
Pochiraju Industries board meet on August 26 on funds raising
Cyber Tech Systems board meet on August 20 on buy back
Bhandari Hosiery board meet on August 25 on rights issue
Tulsyan NEC Board approves rights issue up to Rs 50 crore, price band Rs 32-40 ((CMP Rs 60))


S:MC

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