DAILY STOCKS ALERT: 15.06.2012<http://incomedesk.blogspot.in/2012/06/daily-stocks-alert-15062012.html>
* BHARTI AIRTEL: Has been asked to pay 7 bln rupees for evading customs duty under a Customs, Excise and Service Tax Appellate Tribunal order. * COAL INDIA: Expects a hit of 60 bln rupees per annum on its revenue from next year as it cuts spot sales to accommodate sales to power producers. * ELECON ENGINEERING: Has received two orders totalling 233 mln rupees. * GODREJ CONSUMER PRODUCTS: Chairman Adi Godrej's younger daughter Nisa Godrej may take over from Managing Director A. Mahendran after his contract expires in a year. * HOUSING DEVELOPMENT FINANCE CORP: Macquarie Capital Securities said the company overstated its profit by 38% and 24% in 2010-11 (Apr-Mar) and 2011-12, respectively. * JAIPRAKASH ASSOCIATES: Aditya Birla Group and French cement company Lafarge are in talks to buyout the company's cement plants in Gujarat and Andhra Pradesh. * MOSER BAER: Ealing Investments decreased stake in the company by 2.08%, selling 3.49 mln shares in the open market between Jun 1 and Jun 5. * OIL INDIA: Source says company paid 1.75 bln rupees as advance tax for Apr-Jun against 1.65 bln rupees year ago. * PURAVANKARA PROJECTS: Set up branch office in Saudi Arabia . * RELIANCE CAPITAL: Is backing a merger between Grover Wineyards and Valle de Vin to create India 's second largest wine company, and will hold a stake in the combined entity Grover Zampa Wines. * RELIANCE INDUSTRIES: Has reported a drop in gas output at the D6 block of the Krishna Godavari basin to 31.5 mscmd this month. Output in May stood at 32.66 mscmd. * SHRISTI INFRASTRUCTURE DEVELOPMENT CORP: To build logistic hub in West Bengal . * SURANA INDUSTRIES: Allotted 3.9 mln shares to IndiaSTAR on FCCB conversion. * SUZLON ENERGY: Tanti Holdings pledged 10 mln shares of the company on Jun 6. * TATA COMMUNICATIONS: Is in talks to buy a substantial stake in Chennai-based Prizm Payment Services, to expand its payment services business. * TATA POWER CO: Has put on hold all new imported coal-based projects and has warned it would be a challenge for it to meet its target of a five-fold increase in generation capacity by 2017.a By RUPEE DESK [email protected] -- You received this message because you are subscribed to the Google Groups "Kences1- Rupeedesk" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/kences1?hl=en.
