Indraprastha Gas (IGL), the supplier of compressed natural gas (CNG) in Delhi and neighbouring areas, has increased the price of CNG by 5% after a weaker rupee made imports costlier. The new consumer price of CNG is Rs 41.90 per kg in Delhi and Rs 47.35 per kg in Noida, Greater Noida and Ghaziabad.
Tata Steel is reportedly looking at the option of selling stakes in various group companies, including Tata Motors, in an attempt to raise Rs 7200 crore. Tata Steel owned 5.46% in Tata Motors as on 31 March 2013, apart from stake in other Tata Group companies.
Videocon Industries will be watched on reports the company will apply for banking licence today, 25 June 2013.
SMS Pharmaceuticals said that as on 20 June 2013, it has bought back 11.18 lakh shares of the company for Rs 29.78 crore, which represents 64.06% of the total buyback size of Rs 46.50 crore.
Goa Carbon turns ex-dividend today, 25 June 2013 for the dividend of Rs 2.50 for the financial year ended 31 March 2013.
Birla Corporation turns ex-dividend today, 25 June 2013 for the final dividend of Rs 4.50 for the financial year ended 31 March 2013.
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Indo Rama Synthetics turns ex-dividend today, 25 June 2013 for the dividend of Re 1 for the financial year ended 31 March 2013.
Jamna Auto turns ex-dividend today, 25 June 2013 for the final dividend of Rs 2 for the financial year ended 31 March 2013.
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