STOCKS ALERT (23.08.2012) * ADANI PORTS AND SPECIAL ECONOMIC ZONE: The company's 1,840-ha SEZ in Gujarat is under the government scanner for alleged violation of norms.
* AXIS BANK: Has raised $250 mln through a tap issue, wherein it allotted its existing 5.125% senior unsecured notes due in 2017. * DALMIA BHARAT SUGAR AND INDUSTRIES: Promoter Y.H. Dalmia, along with others promoters, bought 80.9 mln shares of the company from the open market Tuesday. * DECCAN CHRONICLE HOLDINGS: The company's lenders plan to set up a committee to secure their interests. * DLF: Is set to build India 's largest mall, a 4-mln sq ft promenade in Gurgaon, at an investment of 20 bln rupees. * EVERONN EDUCATION: Will acquire all of the issued and paid-up share capital of Centum Learning, a Bharti family promoted training and skill development company. * GLENMARK PHARMACEUTICALS: International Centre for Dispute Resolution has ruled in favour of the company on the arbitration claim it filed against Napo Pharmaceuticals concerning diarrhoea drug Crofelemer. * GTN INDUSTRIES: Has temporarily suspended manufacturing operations on staff strike at the company's yarn processing unit located at Shadnagar. * HINDUSTAN ZINC: Vedanta Resources has called a meeting of its shareholders Tuesday for acquiring 29.5% stake in HINDUSTAN ZINC and 49.0% in Bharat Aluminium Co at prices higher than that offered earlier. * INDIA INFOLINE: Has initiated talks with promoter Kailash Gupta to pick up part of his stake in National Multi-Commodity Exchange. Gupta holds 30.18% stake in commodity exchange through Neptune Overseas. * KAMDHENU ISPAT: Plans to raise 1 bln rupees via private equity placement to fund its various expansion projects in the paints business. * KESORAM INDUSTRIES: Has approved rights issue of shares worth up to 5 bln rupees. * KINGFISHER AIRLINES: Directorate general of civil aviation has started fresh safety audit of the company. * LUPIN: Is eyeing an acquisition in Japan in the range of $100 mln-$200 mln. * MAHINDRA & MAHINDRA: Arm Mahindra Reva Electric Vehicles has inaugurated its manufacturing facility in Bengaluru. * NEW DELHI TELEVISION: Global advertising and marketing services firm WPP could file a defamation case against NDTV, with the latter filing a lawsuit against TAM India and its parent companies, including AC Nielsen, Kantar and WPP, for alleged fudging of TV viewership data. * NTPC: Has put on the backburner its plans to set up nuclear power projects jointly with Nuclear Power Corp of India . Is offering Indian Railways money to set up the required rail links to move coal from the mines to its power plants. . * STATE BANK OF INDIA : Is looking at re-launching its tractor loan product by easing loan processing criteria and also lowering interest rates as necessary. . * TATA STEEL: Plans to raise 180 bln rupees through the project finance route, to fund its 6-mln-tn greenfield steel plant in Kalinganagar, Odisha. 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.
