Stocks in news: Lloyd Electric, Bharti, MphasiS, M&M

Stocks in news:

• Results today: Agro Tech Foods, EIH, ENIL, JK Lakshmi Cement, Lupin, Mercator Lines, MRO-TEK, Shanthi Gears, SPARC, Syndicate Bank
• Gokul Refoils IPO subscribed 4.16 times; closed yesterday
• Bharti Airtel Says
  Not made any bid for MTN, nor is there a requirement to make one
  Still in discussion with MTN
• Exclusive: Bharti-MTN Deal
  Deal structure likely to be finalised in 7-10 days: Sources
  To start due diligence only once term sheet agreement is signed: srcs
  Singtel already part of decision making process: sources
  No call yet whether Singtel will invest in deal: sources
  Not an acquisition; could be a JV or merger: sources
  Not yet arrived at valuations: sources
• Tata Steel says: Will abide by promise to keep reduced prices on hold for three months despite export duty
• HP
  Agrees to buy EDS for $ 13.90 Bn
  HP-EDS deal to be completed in second half of 2008
  EDS holds 60.9% in Indian firm MphasiS
• HP says:
  Too early to speculate about any direct impact on subsidiaries
  Not seeing any negative implications; See more business come to MphasiS
• Govt Says
  Oil Cos to get 50% of revenue loss as bonds in FY08: NW18
  Total bond issue to Oil Cos for FY08 at Rs 35,300 cr: NW18
• Exclusive:
  SAT finds Wockhardt CFO & Family guilty of insider trading
  Wockhardt CFO Rajiv Gandhi, Wife Sandhya, Sister Amishi found guilty
  SAT upholds SEBI Nov 2006 Order
• Omnitech InfoSolutions board approves:
  Issue of 13.25 lakh convertible warrants on preferential basis
  QIP / ADR / GDR / FCCB issue up to $ 35 m
• Shipping Corporation board meet on May 20 to consider bonus issue
• Rana Sugars board meet on May 22 to consider
  Allotment of convertible warrants to promoters on preferential basis
  GDR issue
• PSL subsidiary bags $ 45 m order in Sharjah, UAE
• Lloyd Electric
  To acquire Luvata Czech SRO
  Luvata Czech 2007 revenues at Euro 29 m; EBITDA at Euro 2.3 m
• Ex-dividend: Bosch (Rs 25/sh), Motilal Oswal (Rs 4/sh)
• M&M in talks to buy Kinetic Motors - ET
• Bharti may list on Johannesburg stock exchange, looking to buy MTN paying cash and equity - ET
• Bounced cheque may derail Onida settlement; board member raises corporate governance issue in Mirc Elect - ET
• ICICI Bank's investment in ICICI Ventures under RBI lens, regulator ask bank to include its investment in the VC in fulfilling the exposure limit - ET
• US may push IT cos for 50% local hiring, move may hit cos like TCS, Wipro, Satyam and HCL - FE
• Gassification of Coal allowed, move to benefit RIL
• Patni close to bagging $ 50m telecom deal - DNA