Stocks in news: Pochiraju Ind, Jet Airways, Cairn

Stocks in news:

• Board meetings:
  Pochiraju Industries results
  Shriram City Union Finance on preferential issue
• Ex-dividend:
  Merck (Rs 10/sh) and SKF India (Rs 6/sh)
• Ex-split:
  Karuturi Networks from Rs 10 to Re 1
• Govt weighs price cap on key items to curb inflation - ET
• AV Birla plans holding co for financial biz, stake of AV Birla Nuvo to be moved to the holding co - ET
• Jet Airways open to buying another airline, rights issue and promoter dilution only when market conditions are favourable
• Govt may ban future trading in more commodities like edible oil and potato to curb inflation - FE
• Insurance firms can lend shares :IRDA - Mint
• RIL scouting for oil terminals globally - DNA
• Cairn mulls foray into city gas distribution - BL
• Steel Secy Says
  Govt Increases Supply Of Steel To Small, Medium Cos By 20% To 6 mt
  Tata Steel, RINL May Cut Long Product Price By Rs 2,000/tonne
  Tata Steel, SAIL, JSW To Roll Back Prices Of Galvanised Steel
  Prices Of Galvanised Stl Sheets To Be Rolled Back By Rs 500-1,000/tn
  No Decision On Price Of Flat Products As Of Now
  No Decision To Cap Iron Ore Exports
• Mahindra Renault posts turnover of Rs 1150 cr in FY08
• Shyam Tele Gets Start Up CDMA Spectrum In Assam, North-east, J&K
• Ispat Says
  May Need To Hike Steel Prices By Rs 5000/tonne Next Month
  Will Try To Hold Steel Prices This Month
• Fortis Healthcare to float a new company to set up medical colleges across the country
• RBI allows FIIs to buy further shares of Vijaya Bank as their shareholding falls below trigger limit of 20%
• Colgate Palmolive acquires 75% stake in toothpowder maker CC Health Care Products, Hyderabad
• RDB Industries board approves demerger of real estate biz into RDB Realty & Infrastructure