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Monday, August 18, 2008

Equity Market News today

  • Hindalco's Australian Copper mine has turned out to be commercially unviable - ET
  • Trai as DoT to take action against GSM players (Bharti, Idea, Vodafone) if they fail to connect their network to R Com's GSM network by Aug 21 - ET
  • Tata Power, Reliance Infra, DLF and CESC in race to acquire WB based Dishergarh Power Co - DNA
  • Govt changes norms for ultra power projects, Reliance Power to benefit - Mint
  • DoT starts 3G auctions, invites request for proposal to select agency to conduct e-auction - DNA
  • Reliance Big Entertainment, Soros deal struck over valuations - ET
  • Datacom promoters (HFCL) alleges Videocon has passed of Rs 1000 cr loan from Bank (SBI) to its own contribution to Datacom's equity - ET
  • IDRs(Indian Depository Receipts) will have to pay STT - ET
  • Minda eyes Italy's Vimercati, deal valued at $50-55m - ET
  • Institutions will have to pay 100% for IPOs soon - BS
  • Aviation ministry suggest reduction tax burden on ATF along with hiking FDI limit - DNA
  • Pricing, cost may hit DR Reddys AOK bid which is worth 2bn euros - DNA
  • Electrotherm close to buying mines abroad - DNA
  • ONGC refuses to reimburse service tax on onshore vessels they hire - DNA
  • Cosmo Films plans Rs 240 cr expansion - BL
  • Nagarjuna Const foraying into power sector - BL
  • Rolta eyes $2bn sales for Nuke projects - BS
  • JSW's Mozambique unit likely to face delays - DNA
  • Hindustan Sanitaryware eyes 2 acquisitions in Europe - ET
  • Govt ropes in pvt players for Delhi slum rehab, DLF, Omaxe, Raheja express interest - ET
  • Excise waived for goods used in ultra power projects - BL

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