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NEWS UPDATES
Oil India picking up approximately 7 percent in IOC
-Government mulls ONGC picking up approximately 3 percent in IOC
-Oil India (OIL) wants ONGC to pick up 5 percent in IOC
-OIL has more net cash than ONGC so higher stake buy likely -ONGC may buy only up to 6.2 percent in IOC
-ONGC holds 8.77 percent in IOC
-Ratio likely to alter in light of protests from OIL
Coal India CMD declares Rs 29/share interim dividend
-Total dividend payment at around Rs 18,000 crore
-Government to obtain Rs 16,485 crore as dividend
-Rs 29/share is final dividend to be paid by Coal India for FY14
Galena Biopharma in agreement with Dr Reddy’s Labs to develop NeuVax in India
-Dr Reddy’s Labs to lead development of NeuVax in gastric cancer
-Company licenses Dr Reddy’s Labs commercial rights for NeuVax in breast & gastric cancers
Tata Motors: December sales
-Global wholesales at 79,220 versus 81,957 units (MoM)
-Global passenger vehicle wholesales at 49,721 units
-Global Jaguar Land Rover wholesales at 40,244 units versus 39,956 units (MoM)
Engineers India: shareholding pattern
-FII holding in company at 5.57 percent in December-end versus 5.01 percent in September-end
-DII holding in company at 6.96 percent in December-end versus 7.69 percent in September-end
- Tata Steel opens UK’s largest steel plate service centre
- Indraprastha Gas (IGL) says to up CNG price by Rs 10/kg in Delhi effective April 1
-ONGC Videsh says looking at buying small stake in Brazil’s Libra project
-NSE to launch interest rate futures on 10-year government bond on January 21
-MCX-SX to launch interest rate future on 10-year government bond on January 20
-Tata Sons pledged 15 million Tata Motors shares on January 9
Original Article
Oil India picking up approximately 7 percent in IOC
-Government mulls ONGC picking up approximately 3 percent in IOC
-Oil India (OIL) wants ONGC to pick up 5 percent in IOC
-OIL has more net cash than ONGC so higher stake buy likely -ONGC may buy only up to 6.2 percent in IOC
-ONGC holds 8.77 percent in IOC
-Ratio likely to alter in light of protests from OIL
Coal India CMD declares Rs 29/share interim dividend
-Total dividend payment at around Rs 18,000 crore
-Government to obtain Rs 16,485 crore as dividend
-Rs 29/share is final dividend to be paid by Coal India for FY14
Galena Biopharma in agreement with Dr Reddy’s Labs to develop NeuVax in India
-Dr Reddy’s Labs to lead development of NeuVax in gastric cancer
-Company licenses Dr Reddy’s Labs commercial rights for NeuVax in breast & gastric cancers
Tata Motors: December sales
-Global wholesales at 79,220 versus 81,957 units (MoM)
-Global passenger vehicle wholesales at 49,721 units
-Global Jaguar Land Rover wholesales at 40,244 units versus 39,956 units (MoM)
Engineers India: shareholding pattern
-FII holding in company at 5.57 percent in December-end versus 5.01 percent in September-end
-DII holding in company at 6.96 percent in December-end versus 7.69 percent in September-end
- Tata Steel opens UK’s largest steel plate service centre
- Indraprastha Gas (IGL) says to up CNG price by Rs 10/kg in Delhi effective April 1
-ONGC Videsh says looking at buying small stake in Brazil’s Libra project
-NSE to launch interest rate futures on 10-year government bond on January 21
-MCX-SX to launch interest rate future on 10-year government bond on January 20
-Tata Sons pledged 15 million Tata Motors shares on January 9
Original Article