Stocks in news: Satyam, iGate, Tech Mah, RIL, TTML
Here are stocks that are expected to remain in news today:
Satyam
-iGATE files formal expression of interest in Satyam
-iGate may withdraw EOI if information sought on Satyam not provided
-Spice Corp registers expression of interest for Satyam: co officials
-L&T says have expressed interest in bidding for Satyam
-Exclusive: HCL Tech not to put in EOI for Satyam: sources
-Exclusive: Accenture has not put in EOI for Satyam: sources
-HP, CSC likely to have registered to bid for Satyam: sources
-Hindujas opt out of race for Satyam
-Board to meet today to look into EOIs submitted by L&T, Spice Corp & Tech Mahindra
Sources – Tech Mahindra
-Gets permission from M&M, BT to register for Satyam bid
-Will not look at PE, Debt route immediately
-Final bid depends on quality of information
Exclusive: Sources On KG D6 Gas
-RIL in advanced stages to sign gas sale agreements with 12 fertiliser companies, Dabhol
-RIL-fertiliser companies agreements likely within a week
-MoPNG, RIL to sort out clarification sought by fert cos on agreements
-RIL’s gas sale pacts with other power cos likely to be delayed
-MoPNG, Power Ministry yet to unveil list of power cos eligible for KG gas
-MoPNG may delay release of short listed cos due to elections
-Alert: RIL declines to comment on the issue
TTML: Sources Say:
-NTT DoCoMo & Tata Sons open offer for Tata Tele (Maha) undersubscribed
-NTT DoCoMo & Tata Sons may have got around 16% of equity via open offer
-Alert: NTT DoCoMo open offer closed yesterday
Dr Reddys
-US Court says Dr Reddys generic Prilosec does not infringe patent
-Dr Reddys gets favourable summary judgement in Prilosec case
-Alert: Prilosec is Astrazeneca’s blockbuster drug
Other stocks and sectors in the news
Reliance Power says appeals against Shahapur (Raigad) 4000 MW power plant dismissed
Sun Pharma gets US approval to market anti-cancer injections: NW18
Matrix Labs gets tentative US FDA nod for HIV Protease Inhibitor
HUL confirms cut in Wheel detergent prices by 7-17% in Jan: NW18
Emco bags order worth Rs 550 crore from Power Grid
Zen Tech buy back offer at Max Rs 110/sh ((CMP Rs 86))
Financial Technologies buys back FCCBs worth $ 3 million at discount of 37.73%
Lloyd Electric says 50 lakh convertible warrants issued to 3 cos lapse
((were issued at Rs 225 in Sep 2007, CMP Rs 13.95))
Akruti City still in NSE F&O curb
Govt plans auto order for defence sector worth Rs 3000-4000 cr for domestic auto cos – BS
Real estate prices crash 50% in some pockets of city – ET
NRI sues broker MF Global for fraud, seeks 30 million pound in damages – ET
SEBI in favour of relaxing disclosure norms for rights issue
TRAI moots 3-year lock-in for promoters equity in telecom licencees
Indian ADRs: Tata Motors up 11%, Wipro up 5%, Infosys, ICICI Bank up 4%, HDFC Bank up 2%
source: Moneycontrol
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