NEWS
someshol olekar
Securities in Ban For Trade Date 13-June-2012, 1,ABAN 2,ABGSHIP 3,COREEDUTEC 4,SUZLON
India will see growth (measured at factor cost)
increasing to 6.9, 7.2 and 7.4 per cent in fiscal years 2012-13, 2013-14 and
2014-15, respectively, according to a World Bank report titled 'Global Economic
Prospects'. However, it pointed out that if the situation in Europe deteriorates
sharply, no developing region would be spared.
India will see growth (measured at factor cost) increasing to 6.9, 7.2 and 7.4 per cent in fiscal years 2012-13, 2013-14 and 2014-15, respectively, according to a World Bank report titled 'Global Economic Prospects'. However, it pointed out that if the situation in Europe deteriorates sharply, no developing region would be spared.
Super Religare Laboratories (SRL), the diagnostic subsidiary of listed firm Fortis Healthcare Limited has signed definitive agreements with two investment partners,
NYLIM Jacob Ballas India and International Finance Corporation (IFC), to
invest Rs 250 crore and Rs 120 crore respectively.
* Reliance Infra's sea-link contract likely to
get cancelled (BS)
* Infosys gets order from Denmark retailer Dansk Supermarked (NW18)
Adani Group may buy the export terminal at Dhamra port in Orissa, said a newspaper report.
-President elections on July 19, results on July 22
Eros International Media Ltd has informed BSE regarding a Press Release dated June 12, 2012, titled " Eros International announces the Launch of its online music channel; Eros Now Music on YouTube"
Talwalkars Better Value Fitness Ltd has informed BSE regarding a Press Release dated June 12, 2012, titled "Talwalkars Launches Zumba® Fitness Programme in India"
BF Utilities backed
NICE, re-starts fund raising talks with PE’s: Sources
-NICE is Nandi Infra Corridor Enterprises
-Talks follow
SC's directive to fast track project
-NICE looking to raise USD 500 million
for BMIC project in 2 tranches
-NICE to raise USD 200 million for Phase II of
BMIC in process of valuations
-To raise USD 300 million for cricket stadium,
exhibition complex
-BMIC - Bangalore Mysore Infra Corridor
-NICE deal
expected to close in 2 months
PMO to hold meet with Coal Ministry,
Coal India (CIL) CMD on
June 22: Sources
-Meet to be headed
by Principal Secretary Pulok Chatterjee
-Coals meet to discuss 3-year
moratorium on FSAs & level of penalty on shortfall
-Meet to discuss coal
import requirements; pool pricing for imported & domestic coal
-Meet to
discuss announcement of new coal auction policy; de-allocation of coal
blocks
| Ex-Dates | ||
| Company | Ex-Date | Purpose |
| Birla Corporation Limited | 13-JUN-12 | AGM/DIV-RS.3.50PERSHARE |
| Elnet Technologies Limited | 13-JUN-12 | AGM/DIVRS1.20PERSHARE |
someshol olekar
Securities in Ban For Trade Date 14-June-2012, 1,ABAN 2,ABGSHIP 3,COREEDUTEC 4,JETAIRWAYS 5,SUZLON
NEWS
Inflation numbers for May will be out today and consensus estimate is 7.5% vs 7.2% in previous month
Source - Moneycontrol
Cabinet meet today: Sources say
CCEA
to consider proposal for urea price hike of 10%
Government attempts to cut
subsidy burden
Government Sources Say
Praful Patel to take up
excise duty hike on diesel cars with FM
Praful Patel to oppose oil min
proposal to up excise duty on diesel cars
Heavy Ind Min Sources
Oil Min proposal to up
excise on diesel cars unacceptable
Oil Min has no say on auto cos' fuel
policy
Oil Min encroaching on heavy industries Min's turf
Fin Min Sources Say
Fin Min to reach out to
rating agencies after Q4 GDP growth
Fin Min to hold Tele conference with
Fitch, DBRS
Fin Min concerned after S&P's ratings
Fin Min had written
to Sushma Swaraj on excise hike in diesel cars
Hike of excise duty to 12% in
budget covers diesel cars
Fin Min position on hike in excise on diesel cars
remains same
Coal India introduces one-time offer that
allows power utilities to lift coal directly from mines �" PTI
The
Children’s Investment Fund has served a notice to Coal India to sell coal at
market prices. (ET)
Lenders allow Hotel Leela to rejig Rs. 4,300 cr debt.
(FE)
Madras HC admits plea seeking SFIO, CBI probe into RNRL-RPower merger �"
PTI
Subex launches of new FCCBs, to raise upto $131m secured convertible
bonds due in 2017 �" PTI
CCI is planning to write to oil firms on raising
prices. (BS)
India set to ban import of plant & machinery older than 5
years. (ET)
The government may exempt public sector banks from paying
dividends. (ET)
Mitsubishi Heavy Industries may buy a stake in L&T
Shipbuilding. (ET)
McLoed Russel has challenged the government’s
retrospective tax law amendment. (ET)
Welspun Energy would invest approx. Rs.
5,675 cr. to develop 2 wind farms in Karnataka. (BS)
Credit Suisse Singapore
bought 9.2 lakh United Spirits shares at Rs 673.29 per share. The stock shot up
over 6% yesterday.
Cairn Energy the listed parent of Cairn India has agreed to buy Nautical Petroleum for $644mn. (Reuters)
The Aditya Birla group looking to buy stake
in Colombian mine co for $1 bn. (FE)
Oil India has dropped plans to buy 51%
stake in Reliance Gas Transportation Infrastructure Ltd. (BL)4
| Ex-Dates | ||
| Company | Ex-Date | Purpose |
| Bank Of Baroda | 14-JUN-12 | AGM/DIVRS17PERSHARE |
| Bank Of Maharashtra | 14-JUN-12 | AGM/DIV-RS.2.20PERSHARE |
| Canara Bank | 14-JUN-12 | AGM/DIVRS11PERSHARE |
| HOV Services Limited | 14-JUN-12 | AnnualGeneralMeeting |
| JSW Energy Limited | 14-JUN-12 | AGM/DIV-RE.0.50PERSHARE |
| Punjab National Bank | 14-JUN-12 | AGM/DIV-RS.22/-PERSHARE |
| Punjab and Sind Bank | 14-JUN-12 | AGM/DIVRS2PERSHARE |
| Torrent Power Limited | 14-JUN-12 | DIVIDEND-RS.3.50PRSHARE |
| United Bank Of India | 14-JUN-12 | AGM/DIVRS2.40PERSHARE |
| Axis Bank Limited | 14-JUN-12 |
AGM/DIV-RS.16/-PERSHARE
|
| Value Industries Limited | 14-JUN-12 | AnnualGeneralMeeting |
| Videocon Industries Limited | 14-JUN-12 | AGM/DIVRE0.50PERSHARE |
| ING Vysya Bank Limited | 14-JUN-12 | AGM/DIVRS4PERSHARE |
Key global data to watch out for
The weekly jobless claims data is expected to be lower at 375,000. Investors would also keep an eye on the consumer price index data.
Italy’s 3-year bond auction today will also be on investors’ radar amid mounting fears over the fast spreading eurozone debt contagion.