Market Buzz: 03-03-2012

Market Buz

  • Hero MotoCorp of India in Talks With Bankers on Possible Ducati Purchase
  • GMR Power wins Rs 537-crore payment case against Tamil Nadu Electricity Board
  • Kingfisher misses deadline, more accounts frozen
  • Cipla receives Rs 424 cr demand notices from NPPA
  • REC board okays raising Rs 3,000 cr via tax-free bonds
  • IDBI Bank to raise Rs 5,294 cr from share sale
  • Delhi govt asks R-Infra to pay Rs 129-cr tax
  • L&T has bagged new orders valued at about Rs 1,306 crore across various business segments in Feb.
  • LIC pumped in Rs 12,000 cr to buy 400 mn ONGC shares
  • Rs 25,000-cr support approved for railways in FY13 Forex reserves grew by $1.61 billion to $296.05 billion for the second consecutive week on the back of a rise in the core foreign currency assets.
  • Moody’s downgrades Greece after debt deal
  • EU to speed up bailout fund payments

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