STOCKS ALERT (12.07.2012) * ATLANTA : Has got engineering, procurement and construction order for four-laning of a portion of Lucknow-Sultanpur highway.
* BHARAT HEAVY ELETRICALS: Is close to winning a contract worth 10 bln rupees from Pakistan to manufacture railway locomotives. * BOMBAY DYEING & MANUFACTURING CO: Is taking its textile brand overseas and has set up its first franchise-operated store in Jeddah , Saudi Arabia . * COAL INDIA: Coal minister Sriprakash Jaiswal has said the deadlock over fuel supply agreements between the company and power companies may be settled by end-July. * ESSAR PORTS: Has received formal communication from the Paradip Port Trust to start construction of coal berth after it got environment approval. * INFOTECH ENTERPRISES: Private equity firm First Carlyle Ventures has bought nearly 10% stake in the company at 190 rupees a share. * JET AIRWAYS INDIA : Plans to pull out of some loss-making routes and will not renew leases for aircrafts servicing these routes. * KESORAM INDUSTRIES: Has put all expansion plans on hold to focus on turning around current operations. * KINGFISHER AIRLINES: At least 12 flights of the airline were cancelled Wednesday as pilots continued to strike protesting non-payment of salaries. * NILA INFRASTRUCTURES: Has set up a project management consultancy services company in joint venture with Progetto Consultants India. * OIL INDIA: Has earmarked 60 bln rupees for acquisition of oil and gas assets overseas this fiscal. * ONMOBILE GLOBAL: Ministry of corporate affairs could order a probe by Serious Fraud Investigation Office if a preliminary inquiry by the Registrar of Companies brings up irregularities. * PVR: SBI Mutual Fund has sold 500,000 shares, or 1.93% stake in the company, for a total of 84.98 mln rupees on Jul 6. * RELIANCE INDUSTRIES: The company's launch of 4G services is scheduled for early 2013. Is offering to pay 220 basis points more than benchmark rates for a five-year facility to cut its borrowing costs. * RELIANCE POWER: Has tied up loans worth $1.1 bln from Chinese lenders for upcoming 3,960 MW Sasan power plant in Madhya Pradesh. * SATYAM COMPUTER SERVICES: Is in talks to acquire an aerospace engineering firm in Europe to expand capabilities. * STEEL AUTHORITY OF INDIA : The Cabinet Committee on Economic Affairs may take a call on divestment of 10.8% government stake in the company today. 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.
