Stocks in news: SEL Manuf, Reliance

Stocks in news:

• Board meetings:
  SEL Manufacturing on FCCB/GDR issue
• Ex-dividend:
  Honeywell Automation (Rs 10/sh) and India Nippon (Rs 2.50/sh)
• Indian ADRs:
  ICICI Bank up 13%, HDFC Bank, Dr Reddy’s, Satyam up 8%, Infosys up 7%, Tata Motors, Wipro up over 6%
• Reliance Ind mulls 3rd refinery in Jamnagar, appoints global consultants to evaluate feasibility of the project - BS
• Reliance to shut petrol pumps, feels without subsidy support, operations unviable - ET
• ICICI Bank inks Rs 1150 cr deal with JP Infra, picks 1% equity for Rs 250 cr and remaining Rs 900 cr as debt - ET
• US FDA ask Sun Pharma to recall diabetes drug citing efficacy and quality issues - BS
• Aluminum cos. slash prices by Rs 10000/tn
• Gokaldas Exports bags Nike order to supply active wear for Olympics - ET
• Indian Cos including Ranbaxy, Cipla in race for $200m HIV drug deal in SA - ET 
• Greater Pacific buys 14.9% in Mascon Global for $27m
• Money market expects rate hike by RBI - FE
• Kiri Dyes and Chemicals IPO opens today; offer of 37.5 lakh shares, price band Rs 125-150
• Future Capital Holdings board approves investment of 47.75 cr in subsidiary Future Finmart for retail financial services
• Reliance Energy buyback offer opens today
• Garware Offshore cash open offer price revised to Rs 234.67
• Prithvi Information board meet on Mar 31 to consider buy back