Stocks in news: Bk of Rajasthan, Eicher Motors, Omaxe

Stocks in news:

• Board meetings:
  Bank of Rajasthan on issue of shares & warrants on preferential basis
  SEL Manufacturing on issue of convertible warrants / shares on preferential basis
  GMM Pfaudler on setting up wholly owned subsidiary in Switzerland to acquire cos in Europe
  Sadhana Nitro Chem on rights issue
  Sanguine Media on rights issue
  Indo Asian Fusegear on issue of shares against convertible warrants to promoters
  Sanwaria Agro Oils on stock split
• Eicher Motors:
  Volvo In Advanced Talks For JV With Eicher Motors
  Eicher Motors Likely To Spin Off CV Biz Into JV Co If Deal Through:Srcs
  Volvo - Eicher JV:  Volvo Likely To Bring Indian Unit Into JV Co: Sources
  Volvo - Eicher JV:  Valuation Of JV Co Likely To Be About $1 Bn: Sources
• Reliance Comm
  Gets license to offer GSM svcs in 23 circles: NW18
  Telecom Department amends Unified Access Svcs License norms: NW18
  Telecom Department allows use of dual technology under UASL: NW18
  Govt may also approve 6.2 Mhz spectrum to new players: NW18
• NSE bars further F&O positions in GMR Infra as 95% of marketwide limit reached
• Still in NSE F&O curb:
  SRF, TTML, & JP Hydro, Essar Oil, IFCI, Rajesh Exports, Arvind Mills, & Nagar Fert
• Out of NSE F&O curb:
  Adlabs Films, Bongaigaon
• Transformers & Rectifiers IPO opens today; offer of 29.95 lakh shares; price band Rs 425-465
• eClerx Services IPO closes today; subscribed 1.75 times till now
• Omaxe
  Bids for development of Ganga Expressway Project in UP in consortium with GVK Power & Nagarjuna Construction
  8-lane access controlled expressway has total construction cost of Rs 30,000 cr
• Mercator Lines
  Singapore subsidiary files prospectus for IPO of 27.02 cr shares
  Maximum offer price set at USD 0.94
• MICO-Bosch
  Bosch-Knorr Brakes JV may set up base in India to make anti-lock brakes for heavy commercial vehicles, likely to provide parts to Bajaj-Renault small car
• Union Bank head says looking at rights issue option in Feb to raise capital
• Kingfisher posted loss of Rs 577 cr in FY07 - ET
• Glaxo pulls out of patent for 2 anti-Aids medicines in India - ET
• Switz Group close to buying Modern Foods for Rs 100 cr - ET
• DoT to issue LoIs to 16 cos to start mobile service including Unitech, Parshvnath, Indiabulls, Syham, BPL -ET
• Essar Power to divest 10% stake to PE players for USD 700 mn, currenty operates 1200MW power project - ET
• Bharat Forge in talks with NTPC to set up greenfield manufacturing project - FE
• HB Stockholding ups stake in DCM Shriram to 15.06% - Agencies
• Taro to vote for Sun Pharma merger soon - BL
• Electrosteel Casting to raise USD 25m through private placement - BL
• Jubilant Organosys’ subsidiary Jubilant Biosys ties up with Forest Laboratories Holdings to discover small molecule drug candidates for a novel metabolic disorders target
• Trading in Panasonic AVC Networks & Apeejay Tea to be discontinued from today
• Ennore Foundries board approves GDR/FCCB/share/warrant issue up to Rs 100 crore
• Micro Technologies board meet on Dec 14 to consider raising funds via preferential allotment
• Wearology board approves sale of Gopi Resorts for Rs 34.55 crore