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STOCKS TO WATCH
Gujarat State Petroleum Corporation (GSPC) is ready to commence commercial production from the Deen Dayal West (DDW) gas field in the Krishna-Godavari basin from July but is awaiting approval of the pricing formula from the Union petroleum ministry.
JSW, Tata Steel plan to raise iron ore imports this fiscal.
Reliance Communications (RCom), on Monday, announced the launch of One India, One Rate Plans, which allows customers to pay the same rate for local, STD and roaming calls from anywhere in the country.
IDBI Bank plans to raise equity capital upto Rs 4,000 crore to shore up capital adequacy ratio and ability to withstand pressures from rise in non-performing loans.
Piramal Enterprises has picked up 9.99% equity share of Shriram City Union Finance Ltd (SCUF) for a total of Rs 789.58 crore, as announced recently.
Exports/Imports data for the month of May will be announced today.
