Stocks in news: Future Cap, Ranbaxy, HPCL

Stocks in news:

• Results today:
  EIH Associated Hotels, FCS Software, Future Capital Holdings, Ind-Swift Laboratories, JHS Svendgaard, Rajshree Sugars and Ratnamani Metals
• Board meets:
  Ratnamani Metals, Shri Dinesh Mills on stock split
• Ex Dividend: Dabur (75%) and UCO Bank (10%)
• Ranbaxy
  Reaches settlement with Pfizer on Lipitor litigation
  Ranbaxy, Pfizer also agree to settle Caduet & Quinapril cases
  Ranbaxy, Pfizer agree to withdraw all litigations against each other
  No upfront payments from Pfizer; all revenues only through sales
  Ranbaxy likely to get over $1.5 bn in sales due to settlement: Srcs
  Agreement to allow Ranbaxy 180-day exclusivity for Caduet, Lipitor in US
• FM Says open To Capital Infusion In Banks Like SBI
• New listing:
  Niraj Cement Structurals; issue price Rs 190/sh
• Steel:
  Primary steel producers may raise prices in the first week of August: Sources
  Prices of flat products may be raised by Rs 5000-7000 per tonne: Sources
  Prices of long products may be raised by Rs 3000 per tonne: Sources
  3 month moratorium on price hike expires on first week of August
• Shyam group, Spanco Tele in JV to acquire Punj Lloyd's ISP division, to invest Rs 500 cr in 2 years to expand network
• P&G to reduce managerial staff in bid to counter rising input costs - ET
• Tata's bail out Indian Hotels rights issue, subscribe over 80% of the issue investing Rs 480 cr - ET
• ADAG mulls bid for Spilberg's Dream Works, deal likely worth $600m
• RIL controlled SeaKing Infra may bag sea-link project
• Tata Steel, Essar eyes JV with Indonesian Co Kartatau Steel to build 2.5mt plans - BS
• BHEL outbids Alstom to bag EPC contract for Tripura project - FE
• ZEE may list 2 divisions ZEE Motion Pic and ZEE Limelight on LSE's AIM - FE
• HPCL may buy 2 Bengal units, in talks with Coal India - TOI
• 2.4 cr United Breweries shares to hit the market
• Plethico says report of co to buy US co for $100 m “has been wrongly reported”
• Allcargo Global board meet on June 26 to consider stock split
• Jet on Rs 100 cr JetLite tax notice news:
  Service tax probe pertains to Sahara Airlines for period prior to Sahara acquisition; tax liability on then promoters
• MTNL gets international long distance licence
• Rel Comm Says
  Exploring Criminal Proceedings Against RIL Officials
  May Initiate Proceedings Against LV Merchant, Sandeep Tandon
• RIL - Response to Rel Comm
  No Criminality Attached To Signing Of Jan 12, 2006 Agreement
  Will Defend Ourselves In Case Of Any Criminal Proceedings