Stocks in news: Raymond, M&M, HPCL

Stocks in news:

• Board meetings:
  Raymond on issue of warrants on preferential basis to promoters
• Indian ADRs:
  Patni up 4% and Satyam down 4.5%
• M&M in race to acquire Italian gear co Metalcastello for 105m euro - ET
• ICICI Bank sells 45% (Rs 360 cr) bad home loans to ARCIL - BS
• ICICI Bank fined Rs 50 lakh by Delhi Consumer Commission for using recovery agents
• Pidilite’s acquisition of international specialty chemical co to cost Rs 450 cr
• Standard Chartered may buy 2 lakh sq ft commercial space in Dawn Mills for Rs 525 cr - ET
• Govt may offer 5-year tax break to hotels - ET
• 17 power co’s including Torrent, Essar, Reliance Energy & NTPC to bid for 2000 MW power supply to Gujarat Urja Vikas Nigam on long term basis - ET
• Enam Capital to buy 11.8% stake in TIL- ET
• Softpro System open offer at Rs 150/sh
• WPIL open offer at Rs 60/sh
• Bombay Swadeshi Store to issue 7.4 lakh shares to Fidelity Multitrade (promoted by an HNI) at Rs 80/sh
• HPCL may buy British Gas’ 49.75% stake in Maharashtra Gas - FE
• Biocon close to acquiring a drug marketing and distribution co in US - Mint
• Deccan Aviation forms consortium with Nitin Raheja, IDFC, GVK to bid for airport projects - BL
• Amrutanjan plans brand acquisitions in pain management category - BL
• NSE bars further F&O positions in JP Hydro & SRF as 95% of marketwide limit reached
• Empee Distilleries IPO closes today; subscribed 1.2 times till now
• Reliance Energy board allots 39.48 lakh shares at Rs 1,006.92 to FIIs on conversion of FCCBs
• Godawari Power board meet on Nov 13 to consider GDR/FCCB issue
• Aksh Optifibre board approves issue of 50 lakh convertible warrants at Rs 63
• ANG Auto board meet on Nov 12 to consider buy back up to 25% of equity
• Murli Deora
  To Meet PM On Wednesday To Discuss Fuel Price Situation
  Decision On Fuel Price Hike Likely This Week;Considering Marginal Hike
  Considering Cutting Duties On Fuel Products & Oil Bonds Issue
• Ashok Ley Oct Sales At 6,825 Units Vs 7,255 Units
• Anil Ambani says:
  COAI Action On Spectrum Issue Unwarranted
  Move Of Existing GSM Players Will Curb Competition