Stocks in news:

• Results today:
  Puravankara Projects for quarter ended June
• Ex-dividend:
  Balmer Lawrie (Rs 13.50/sh), Jubilant Organosys (Rs 1.25/sh) and Indus Fila (Rs 1.50/sh)
• Ex-split:
  Electrosteel Castings from Rs 10 to Re 1 (goes into ND period)
• Re-listing:
  VTM to resume trading; base price Rs 251.95; circuit filter 20%
• Subex revises guidance significantly
  Revenue guidance down from Rs 615 cr to Rs 520 cr
  Profit guidance down from Rs 155 cr to Rs 104 cr
  Guidance lowered due to postponement of commitment by a US customer
• Govt plans Re 1 petrol cess, plans 8% tax on 4-wheelers, 4% tax on 2-wheelers - TOI
• RBI allows FIIs to buy shares of IFCI as their holding falls below caution limit
• IFCI plans foray into real estate, bids for plot meant for constructing service appt at Mayur Vihar - TOI
• Tata Sons make open offer to acquire balance 29.3% stake in Tata Invest corp at Rs 600/sh (CMP Rs 450); Tata group holds 60.6% stake; offer worth Rs 1,000 cr
• KV Kamath says:
  IIP slowdown a cautionary signal to policy-makers to lower interest rates to ensure high growth not hampered
  Interest rates have risen by a third over last year, has begun affecting manufacturing industry
• Dr Reddys has reached an-out-of court settlement with Teva for Zoloft, Zoloft registered sales of $3.3bn in 2005 - FE
• PNB looking to merge PNB Gilts with itself - FE
• Aban likely to dilute stake in Singapore subsidiary to raise between USD 450-500m next year - FE
• SCI, ONGC to form offshore service JV - DNA
• Govt issues new semiconductor policy, soaps of 20-25% capex. Min investment pegged at $550m for fab facility, USD 220m for other units
• Spanco Tele to consolidate BPO biz under one entity, move could signal separate listing & facilitate fresh investment - ET
• RBI bars FIIs from buying further shares of Dhanalakshmi Bank as their holding reaches caution limit of 22%
• NSE bars further F&O positions in Rajesh Exports as 95% of marketwide limit reached
• ITC forays Into Mass Mkt Personal Care Product, launches High-end Shampoo, Fiama D'Wills at Rs 99/200ml Bottle: Sources
• Deccan Aviation :
  Air Deccan, GVK, IDFC Submit Low-cost Airport Feasibility Study: NW18
  Air Deccan Consortium Study Covers 20 Low-cost Airports In AP: NW18
• Rolta India takes possession of 5 acres of land from West Bengal govt to set up IT park
• Peninsula Land board meet on Sep 21 to consider issue of shares
• M&M issues notice to Swaraj Mazda for use of brands and to oppose the rights issue, Actis too opposes the rights issue - ET
• EoI For IFCI
  1- GE Capital
  2- Kotak Mahindra Bank
  3- Sterlite Ind (Consortium Partners: Morgan Stanley)
  4- IDFC
  5- New Bridge Asia
  6- WL Ross (Consortium Partners: StanChart, HDFC, Goldman Sachs)
  7- Cargill Financial
  8- Shinsei Bank (Consortium Partners: PNB, JC Flower)
  9- Matixis (French Bank)
  10- Blackstone Group