Stocks in news:

• Results today:
  Ispat Profile audited for 18 months ended June
  Pantaloon Retail, Media Video audited for year ended June
• Board meetings:
  Banco Products to consider stock split; issue of shares to Japan Metal Gasket
  State Trading Corporation on 1:1 bonus issue
• Ex-dividend:
  Sundaram Clayton (Rs 2/sh)
• Ex-split:
  Batliboi from Rs 10 to Rs 5 (goes into ND period)
• RBI relaxes capital outflows for cos, MFs & individuals, signaling a step towards capital account convertibility:
  Doubles Remittance Limit To $200,000 From $100,000/FY
  Indian Cos Can Invest Up To 400% Networth In Overseas JVs
  MFs Overseas Investment Cap Hiked To $5 Bn From $4 Bn
  ECB Repayment Limit Hiked To $500 m From $400 m
• NSE bars further F&O positions in GMR Infra, IFCI, JP Hydro, & Nagarjuna Fert as 95% of marketwide limit reached
• Wipro bags USD 130m, 5 yr contract from UK co Thames Water - ET
• RNRL’s proposed plan to rope in a strategic partner in CBM block will need to be vetted by the govt. - ET
• Reliance Fresh set to shut shop in UP, 1000 employees may be terminated
• Multiple Infrastructure management contracts worth USD 38bn will be up for renewal over the next 2 yrs in N America, an opportunity for Indian co to bid for them - ET
• Indiabulls group has applied for telecom licences in 22 circle, founders to pump in Rs 2322 cr into realty arm - ET
• L N Mittal to invest USD 20bn in India to set up 2 steel plants with capacity of 12m tn - Financial Times
• Google in talks with Flag Telecom to take part of trans-pacific undersea communication cable on a long term lease - BS
• Roche AG drags Dr Reddy’s to court to stop it from selling generic grug Boniva - Agencies
• Govt. may allow overseas co to buy stake in commodity exchanges by year end, FMC hits 5% limit for investors - Agencies
• GVK set to tie up with HDIL for Airport slum rehabilition project - DNA
• NDTV launches city centric NDTV MetroNation in Delhi - DNA
• Tata group looking to acquire iron ore assets overseas - ET
• Yatra Capital raise 150m euro realty fund for India - Agencies
• Unichem eyes USD 20-25m acquisition in Brazil - DNA
• Union Bank of India Cuts Floating Home Loan Rate By 25-50 bps: NW18
• Balmer Lawrie to sell UK tea plant, plans to acquire a freight forwarder to expand its logistics biz - DNA
• Sugar Mills to be given interest free loans against excise payments - BL
• SRF setting up Rs 250 cr ployester yarn unit in TN - BL
• Index changes:
  Kojam Fininvest to be removed from BSE Small-Cap Index from Sep 28
  Motilal Oswal to replace Dhampur Sugar in BSE-500 Index from Oct 1
• Supreme Infrastructure IPO closes today; subscribed 4.08 times till now
• MoF on overseas invst norms:
  Need More Outlets For Forex Outflows In A Liberal Economy
  Govt To Take More Steps To Ease Overseas Investment Norms
  RBI Move Not A Panic Action To Stem Rupee Rise
• Godawari Power board approves setting-up iron ore crushing plant with capacity of 1.2 MTPA with investment of Rs 235 cr
• Logix Microsystems allocates 31 lakh shares at Rs 315/sh to QIBs
• BAG Films board approves
  Preferential issue of 1.04 cr shares to FID Funds (Mauritius)
  Issue of 1 cr convertible warrants to promoters
• Hindustan Unilever buyback opens on Oct 3, closes on Sep 13, 2008 or buyback up to Rs 630 cr (Buy back price at Rs 230/sh
• IOL Chemicals
  Board approves expansion with investment of Rs 180 cr
  Indiastar (Mauritius) Picks Up 18.5% In IOL Chem & Pharma
  To Issue 13.3 Lakh Shares At Rs 75/sh To Indiastar
  To Issue 14 Lakhs FCD To Indiastar At Rs 100/FCD