11th August 2011 Morning Market Updates

11th August, 2011 Morning Market Updates  8:50
Stock in news

Results Today: Tata Motors, Reliance Infra, Reliance Power, SCI, JP Power, Shree Renuka Sugars, Polaris Software, Rolta India, S Kumar, Castrol India, Jubilant Foodworks, Amtek Auto, Apollo Tyres, Shriram EPC, Ackruti City, Puravankara Projects, Parsvnath Developers, Moser Baer, Rico Auto, Inox Leisure, Ashoka Buildcon, Valecha Engg, Anant Raj Industries, JHS Svengaard Lab, Sakthi Sugars, Amtek India, Provogue India, MSP Steel & Power, Lumax auto, Loyd Electricals, LML, Clutch Auto, PVP Ventures, Walchandnagar Industries, West Coast Paper Mills, Zuari Industries, TV18 Broadcast, LT Foods, Gammon Infra, Nitin Fire, Crest Animation, Gujarat Gas, First Leasing, Jindal Worldwide, Varun Industries, Texmo Pipes, Vascon Engineers, Fresenuis Kabi, VST Tillers 

Piramal Healthcare to acquire 5.5% stake in Vodafone Essar-To pay USD 640 million for Vodafone Essar stake
-Acquires 5.5% stake from Essar
-Buy 5.5% stake from India Securities (listed – board has proposed delisting)

DoT Secretary says - VSNL 's surplus land to be auctioned
-DoT to appoint consultant for demerging VSNL surplus land
-Consultant to advise on auction modalities
-Surplus land to be first demerged into SPV

Other stocks and sectors that are in news today:-Listing of L&T Finance holdings as on August 12
- Nitin Fire to have board meeting to consider & issue bonus shares
-F&O Ban: Deccan Chronicle , Gitanjali Gems , Suzlon 
- Unity Infraprojects bags projects worth Rs 253 crore
-Leela group set to sell its property in Kovalam near Kerala for Rs 500 crore to NRI Ravi Pillai (ET)
-EGoM meet on August 12 to decide on allowing more sugar exports & lifting ban on wheat exports (FE)
- Neyveli Lignite is seen eyeing three of the NTPC’s coal block in Jharkhand even as power ministry has asked for a review of coal ministry’s decision to de-allocate these blocks (TOI)