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NEWS & STOCK MOVEMENT WATCH

Stocks in news: SBI, Genesys, JSW Steel, KEC Intl, LIC Hsg
KEY News:
KEC International: Stock split from Rs 10 to Rs 2
LIC Housing Finance: Stock split From Rs 10 to Rs 2
Sistema Shyam pays Rs 11 crore as liquidated damages under protest
Uninor pays around Rs 13 crore liquidated damages under protest
Uninor liquidated damages payment for 4 circles so far
Uninor has to pay nearly Rs 55 crore for 14 circles

Other stocks and sectors that are in news today:

Listing today: Punjab and Sind Bank
SBI will extend teaser loan rates beyond Dec 31
Ispat lenders seeks dues, STC writes to JSW Steel that Ispat owes Rs 620 crore, others to follow suit – ToI
Hero group is learnt to have invested Rs 200 crore in the Sham Investment Scheme of Citi fraudster – ET
EID Parry India applies to delist the Company's GDRs listed in LSE.
Godawari Power and Ispat to set-up the 50 MW solar thermal power project
Genesys International approves fund raising of upto Rs 350 crore via ADR/GDR/QII or FCCB issue