Stocks in news: Petron Engg, Sadbhav Engg, SCI

Stocks in news:

• Results today:
  Petron Engineering for quarter ended June
• NSE bars further F&O positions in IFCI, IDBI and Arvind Mills as 95% position limit is hit; Escorts out of curb
• New listing:
  Magnum Ventures (issue price Rs 30)
• NSE to introduce Nifty Midcap 50 index from Sep 25; also to be part of F&O segment
• Global M&A: Arcelor Mittal may bid USD 36bn for Tenaris, World’s largest steel pipe maker - Agencies
• Supreme Infrastructure IPO opens today
• RBI allows FIIs to buy up to 49% in Sadbhav Engineering
• 13.21 cr Centurion BoP shares to hit the market today
• Danone to exit Britania, but needs NOC from Wadias
• Pipavav Shipyard to raise USD125m via pre-IPO deal, IPO in next 2 months; Punj Lloyd has 25% stake in Pipavav - ET
• SCI floats 4 JVs for foray into shipbuilding, dredging, container terminal operation & offshore services - ET
• Govt. plans to cut entertainment tax, movie goers & DTH players to benefit - BS
• Carlyle, Citigroup eye 15% stake in Pyramid Saimira at around Rs 420-455/sh - BS (CMP Rs 338) - Pyramid also to sell stake in
  unlisted production co Saimira Production
• L&T plans to pick up stake in Feedback ventures -BS
   
  Titan plans to introduce more international brands, already has a license agreement with Movado- ET