Stocks in news: Prism Cement, NTPC, HCL Info, TCS, Wipro

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Stocks in news: Prism Cement, NTPC, HCL Info, TCS, Wipro

This article was posted on Aug 17, 2009 and is filed under Market News

Here are stocks that are in news today:

RIL - Exclusive
-RIL writes to Power Ministry on GSPA with NTPC: Sources
-NTPC board approves filing SLP in SC: Sources
-NTPC asks Power Ministry to seek changes to govt affidavit: Sources

Exclusive: RIL to Oil, Power Secretary
-Have resolved all issues with NTPC: Sources
-NTPC awaiting internal approval for signing GSPA: Srcs

Bharti Airtel IT contract - Exclusive: Sources
-4 Indian IT majors shortlisted for Bharti Airtel IT contract
-Shortlisted companies include TCS, Wipro, IBM, Tech Mahindra
-Bharti Airtel’s IT contract valued at $500 million: Sources

HCL Info board approves:
-Issue of convertible warrants up to Rs 325 crore to promoters
-FCCB / ADR / GDR / QIP issue up to Rs 500 crore

Prism Cement board approves
-Merger of H&R Johnson and RMC Readymix with itself
-Swap ratio of 124 Face Value (FV) Rs 10 shares of company for 1 of H&R Johnson FV Rs 100
-Swap ratio of 73 shares of company for 100 of RMC Readymix ((both FV Rs 10))

ICVL - Mint Exclusive: Sources
-ICVL in talks to acquire stake in US coal producing major
Mint Alert:
-ICVL owned by NTPC, SAIL, Coal India, RINL & NMDC
-ICVL stands for International Coal Ventures Limited

Other stocks that are in news today:
Tata Steel investors brace for loss as convertible preference shares come up for conversion – Mint ((Investors were issued 6 CCPS to be converted into 1 equity share))
Tata Motors to invest Rs 8000 crore in capex and product development in next 3-4 years - FE
Quippo to take equity route to raise Rs 900 crore, SREI infra, IDFC PE and Oman fin to subscribe to issue: Mint
ONGC rings DoT for spectrum to setup own communication network: PTI
Berger Paints board approves issue of up to 72 lakh shares on pref basis to Nalanda India Fund ((issue price to be decided today, CMP Rs 47.85 a share))
Provogue India board approves buy back up to Rs 50 crore at maximum Rs 100/share ((CMP Rs 65.2))
KSK Energy board approves issue of preference shares up to Rs 2000 crore
Bengal & Assam Company to resume trading ((after amalgamation)) ((This has nothing to do with the other listed Assam Co))
Oil PSUs hike ATF prices by 4.5%
Board meets: MVL on stock split

source: moneycontrol

Tags: HCL Info, NTPC, Prism Cement, ril, tata motors, tata steel, TCS, wipro