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TOP CORPORATE NEWS-23 Sep 2014

Equity Tips
Coal India signs 161 FSAs for a capacity of 73,675 MW
Coal India has entered into fuel supply pacts with 161 power units for a capacity of 73,675 MW. As many as 172 FSAs are to be signed in this regard worth 78000 MW.

Arvind allots equity shares
Arvind has announced that the Management Committee of Board of Directors, at its meeting held on September 23, 2014, has allotted 33,340 Equity Shares of Rs10 each pursuant to exercise of stock options by eligible employee under the Employee Stock Option Scheme 2008 of the Company.

JSW Steel to import 10 mn tonne of iron ore due to local shortage
JSW Steel Ltd is planning to raise iron ore imports to 10 million tonnes this fiscal year and could boost that further if a domestic shortage continues and international prices stay low.

OFSS allots equity shares
Oracle Financial Services Software announced that the ESOP Allotment Committee at its meeting held on September 23, 2014 allotted 192,316 equity shares of face value of Rs5 each to the eligible Employees & Director of the Company who have exercised their stock options under the Employee Stock Option Scheme 2002, Employee Stock Option Scheme 2010 and Employee Stock Option Scheme 2011.

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