Stocks in news: United Breweries, SAIL, Bhushan Steel, Gitanjali - TopicsExpress

Stocks in news: United Breweries, SAIL, Bhushan Steel, Gitanjali Gems, P&G, LIC Housing Fin, Essar Oil, NALCO, MMTC are set to unveil April-June 2013 quarter results today. Aban Offshore has announced its plans to raise over Rs 4,500 crore through GDR, FCCBs and QIPs. Leading brokers now seem to be on a warpath against the NSEL and want the government to take over NSEL, MCX and Financial Technologies (FT) till the payments to all concerned parties are made. Tata Steel posted a net profit after taxes, Minority Interest and Share of profit of Associates of Rs 1,139.0 crore for the quarter ended June 30, 2013 as compared to Rs 597.9 crore for the quarter ended June 30, 2012. Canara Bank in talks with Capital First, other NBFCs to buy more retail loans. IOC will start work on its first LNG plant at Ennore in the east coast by the end of this year. The Cabinet on Tuesday ratified the decision to sell 3.56 percent stake in Neyveli Lignite Corporation through an IPP, a deal worth Rs 360 crore.

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