Stocks in news 30 Aug

Stocks in news: DLF, BGR Energy, Atlanta, NCC, ONGC

Here are stocks that are in news today:

Draft Banking Licence – Reactions -Finance Secretary says broking companies left out to avoid conflict of Interest

Sunil Godhwani of Religare Enterprises-Our expectations have not been dashed
-Draft guidelines throw up points for discussion
-Would like to see more clarity on foreign shareholder coming in
-We can align our business to meet regulatory intent if needed

Ajay Srinivasan-RBI guidelines are a good step for financial inclusion

BMR Advisors
-RBI will exercise discretion while granting licenses

M&M Finance says-New banking guidelines very balanced
-Prima facie we qualify for banking license
-'Have said we are interested in promoting a bank'

L&T Financial Services says-We seem to be meeting guidelines for banking licence
-Banking guidelines along expected lines

ONGC FPO likely to hit markets on September 20-ONGC FPO road shows likely to start on September 5
-ONGC likely to file FPO documents by September 8

SC adjourns Sanjay Chandra bail plea hearing -SC to hear Chandra's bail plea again on September 5
Man Industries spat
-Both parties exchange proposal for possible settlement
-Settlement formula proposes 1 party buying other party shares
-RC Mansukhani offers Rs 140/sh to buyout JC Mansukhani's shares
-CLB reserves order after hearing both party arguments

Other stocks and sectors that are in news today
- Atlanta in talks with IIFCL, SBI, UBI and Hudco to raise Rs 700 crore debt for its 117 km road project (ET)

- Reliance Broadcast in talks with PE players to raise Rs 300-400 crore through a fresh equity issue (FE)

- DLF clarifies on the sale of its IT Park, that the company is still exploring various strategic options on the sale of its park stake

- NCC to monetize its land to finance projects by leveraging 400 acres of land valued at Rs 400 crore (DNA)

- BGR Energy bags order worth Rs 444 crore from Nuclear Power Corp of India

-CCEA to take up BHEL 5% FPO on Tuesday

- BPCL eyes Maharashtra & Karnataka to setup a land liquefied natural gas terminal with an investment of around Rs 4500 crore, with a capacity of 5-6mt (BS)

- Asian Granito India to consider raising of fund by way of preferential issue

-Ex Dividend: Gujarat State fertilizers & Chemicals Rs 7/sh, REC Rs 4/sh, Neyveli Lignite Rs 2.3/sh

-F&O ban: ABG Shipyard


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