Stocks in news: Suzlon, Indian Hotels, Jet Airways

Stocks in news:

• Results today:
  Hotel Leela, Abbott India and Mcnally Bharat
• Ex-dividend:
  RCF (Re 1/sh), South Indian Bank (Rs 2.50/sh) and Bank of Baroda (Rs 3/sh)
• ICICI Bank FPO, Day 2:
  Issue Subscribed 3.15x (Bids worth Rs 29,000 cr)
  QIB: 6.23x
  FII: 4.11x
  DFIs: 1.93
  MFs: 0.18x
  Non-Institutional: 1.26x
  Corporates: 0.96x
  HNIs: 0.30x
  Retail: 0.03x
  Max bids at Rs 930
  Total Amount received till now: Rs 3200 cr
• IFCI, Nagarjuna Fert still in NSE F&O curb
• Government wants merger of 4 SBI arms with SBI to help increase its asset size by Rs 1lakh cr- ET
• Suzlon plans London or Germany listing- Agencies
• E&Y finds Globeleq bid for Sasan invalid- ET , decision on Sasan likely today
• Tata Motors to launch Rs 1 lakh car in early 2008, has finalized 15 vendors including Sona Koya, Rico Auto, Kinetic Eng & Gabriel besides its won subsidiaries- HT
• Tata Motors to raise long-term resources of USD 450 mn
• IFC seeks government action to offtake oil from Cairn's Rajasthan project- Agencies
• Indian Hotels revamps overseas assets, sells property in Nepal, pulls out Seychelles, Oman and Yemen- TOI
• Indian Hotels make take partners for international properties to free up cash for acquisitions- HT
• Danone looking for voluntary exit from Britannia and dissolve the Wadia-BSN JV
• Jet Airways signs USD 238 mn aircraft lease agreement
• Morgan Stanley:
  Raised USD 8 bn and Goldman USD 4 bn for property funds
  Will invest about 25% in countries including China and India
• NSE turns down Spice Tele listing plea on grounds that its accumulated losses have exceeded the network- FE
• Bosch GmbH may increase open offer price for MICO stake to Rs 5000-5500/sh from existing Rs 4000/sh-HT
• BEML close acquiring a Brazilian co for over Rs 100 cr - BS
• K B Steel open offer at Rs 28/sh (CMP Rs 25.15)
• Emani plans FMCG foray, in talks with for licensing deal with Dubai based Ojan - DNA
• Empower Industries plans to sell 30% stake to Texas based Smart Power Systems - DNA (Management denies any such plans (CMP Rs 23)
• PSL bags orders worth Rs 380 cr from Sharja, Malaysia, plans China Venture - BL
• Gillette sells Gurgaon property for Rs 72.8 cr
• FLAG links to East African submarine cable system
• SEBI to decide on delisting norms in the next Sebi board meet - ET
• Suryachakra Power IPO opens on June 25; offer of 3.4 cr shares in the price band of Rs 17-20RBI allows FIIs to buy up to 49% in The Phoenix Mills