Stocks in news:

• Indian ADRs:
  Patni up 14%, Dr Reddy’s down 6%
• Results today:
  Arvind Mills, Educomp, Great Offshore, Hindustan Motors, HPCL, Jet Airways, JSW Steel, L&T, Dhampur Sugar Videocon Industries, Adlabs Films, Aztecsoft, Bharati Shipyard, Deccan Chronicle, Divi's, eClerx Services, GHCL, Gujarat State Petronet, HCL Infosystems, Indian Hotels, Kolte-Patil, M&M Financial, Mahindra Ugine, Man Industries, Manaksia, Mercator Lines, Nitin Fire Protection, Rama Newsprint, RCF, Tata Tea and Upper Ganges Sugar
• Tata group close to buying system integration biz of Deutsche Telekom - Agencies
• AV Birla picks up 5% stake in Core Projects & Technologies via pref issue at Rs 300/sh - ET
• Phillip Morris in talks with Godfrey Phillips to launch Marlbro brand throug's latters facility - ET
• RIL plans EPC foray, expects Rs 5000 cr turnover - ET
• Smaller Airlines gain market share, up to 22% from 12% in 2006 - BS
• IFCI puts Goa and Tarapur units of Vishwas Steel on block to recover debts - PTI
• Big bazaar evaluating funding options for expansion - BL
• Welspun Gujarat in talks to acquire Gujarat steel Co Remi Metals - ET
• ADAG firm signs USD 100m gaming deal with Manchester United - BS
• Lupin to buy mid-sized firm in US - BS
• Re-listing:
  Mac Charles to resume trading; base price Rs 261; circuit filter 5%
• Bang Overseas IPO opens today; offer of 35 lakh shares; price band Rs 200-207
• Dr Reddy’s: To Issue Warrants To Promoters Up To 5% Of Existing Equity
• Exclusive:
  Tata Motors' MD Ravi Kant and HR head met JLR representatives in London: Sources
  Expect final deal to be sealed in 3-4 weeks: Sources
• Exclusive: Heineken says
  Do Not Think An Open Offer Would Be Necessary For Stake In UB
  Not Seeking To Increase Stake In UB For Now
• SBI signs business cooperation agreement with Mizuho Corporate Bank, Japan
• Bosch Chassis board approves voluntary delisting proposal from parent Robert Bosch GmbH
• Marksans Pharma board approves:
  Splitting FV of shares from Rs 10 to Re 1
  Share / FCCB issue up to $125 m
• M&M board meet on Jan 30 to consider amalgamation of one of its subsidiary with itself
• Mercator Lines board meet to consider
  Issue of securities in international / domestic market, increase in FII investment limit
• Ex-rights:
  SBI 1:5 at premium of Rs 1580
• Jindal Steel, Suzlon come out of No Delivery period today
• Century Textiles board approves
  Setting up 500 tonnes per day multilayer packaging board plant with capital outlay of up to Rs 775 cr
  Installing 450 tonnes per day capacity paper grade pulp plant with capital outlay of up to Rs 495 cr
• Bharat Electronics Q3
  Net Sales At Rs 662.23 Cr Rs 863.79 Cr
  Net Profit At Rs 112.97 Cr Rs 148.18 Cr
• TVS Motor Q3
  Net Profit At Rs 5.8 Cr Vs Rs 11.5 Cr
  Net Sales At Rs 875 Cr Vs Rs 935.4 Cr
• Ashok Leyland Q3
  Net Sales At Rs 1,800 Cr Vs Rs 1,777.6 Cr
  Net Profit At Rs 120.2 Cr Vs Rs 105.3 Cr
• Dr Reddy’s Q3
  Net sales down 20% at Rs 1232 Cr vs Rs 1543 Cr
  Operating loss at Rs (127.1) Cr vs Rs 210.5 Cr
  Net loss at Rs (84.7) Cr vs net profit Rs 187.90 Cr
  Betapharm revenues down 23% at Rs 200 Cr vs Rs 260 Cr
• UCO Bank Q3
  Net Profit At Rs 82.78 Cr Vs Rs 122.95 Cr
  NII At Rs 377.92 Cr Vs Rs 415.85 Cr
• BHEL Q3
  Net Profit At Rs 772 Cr Vs Rs 667 Cr
  Revenues At Rs 4,964 Cr Vs Rs 4,340 Cr
  OPM At 18.6% Vs 19.9%
• Zee News Q3
  Net Profit At Rs 12.77 Cr Vs Rs 14.24 Cr
  Revenues At Rs 98.31 Cr Vs Rs 70.7 Cr
• Cholamandalam DBS Non-Cons Q3 YoY
  Net Profit At Rs 20.2 Cr Vs Rs 7.2 Cr
  Net Sales At Rs 242.5 Cr Vs Rs 107.7 Cr
• PTC India Q3 YoY
  Net Profit At Rs 6.2 Cr Vs Rs 8.6 Cr
  Net Sales At Rs 733.8 Cr Vs Rs 807.4 Cr
• Emkay Share Q3 YoY
  Net Profit At Rs 9.4 Cr Vs Rs 2.3 Cr 
  Net Sales At Rs 41.9 Cr Vs Rs 14 Cr
  OPM At 32.3% Vs 16.4%
• Jyoti Structure Q3 YoY
  Net Profit At Rs 20.1 Cr Vs Rs 17.4 Cr 
  Net Sales At Rs 345 Cr Vs Rs 257 Cr
  OPM At 12.2% Vs 13.3%
• Federal Bank Q3 YoY
  Net Profit At Rs 102.9 Cr Vs Rs 83.8 Cr
  NII At Rs 203.7 Cr Vs Rs 178.3 Cr