Stocks in news: Unilever has got SEBI approval for buyback of Hindustan Unilever shares. All the workers’ unions of Coal India are threatening to go on an indefinite strike on the government’s proposal to sell 10 per cent stake in the company. Apollo Tyres will remain in focus on concerns over debt burden due to Cooper buy. Sebi investigation found that Zylog Systems, its promoters and directors allegedly made “false, misleading and distorted disclosures repeatedly" and failed to make requisite disclosures under the Takeover Regulations. Fitch Ratings has revised the outlooks on PSUs -- GAIL, IOC, BPCL, PGCIL, NTPC, NHPC and SAIL -- " to Stable from Negative and affirmed the ratings". Infosys’ US arm has secured a three year managed services contract from CareFirst BlueCross BlueShield. NSE said it will suspend trading in securities of K S Oils and Abhishek Corporation for their failure to comply with provisions of listing agreement.
Posted on: Fri, 14 Jun 2013 03:21:58 +0000