Stocks in news: Suzlon, ONGC, M&M, Videocon, L&T, Rel Comm

Stocks in News:

• ONGC to raise USD 20 billion for global buys - FE
• VSNL to offload 20% stake in Internet biz - Direct Internet - TOI
• Daimler to pick up 60% in Hero bus and truck JV for Rs 1650 crore - ET
• Govt plans to bring hotels under the ambit of factories act, which means they can't retrench employees nor shut down units - ET
• M&M planning to roll out Scorpio in UK - ET
• Astra Zeneca denied patent for anit-ulcer drug by Indian patent off - ET
• PE investors may acquire 15% in Nahar Retail for Rs 120 crore - ET
• Videocon to invest USD 5 billion to set up 5000 MW power plants - Agencies; bids alone for Daewoo Electronics
• NSE F&O curb
  New in F&O curb: TTML
  Already in curb: Adlabs Films, Aptech, Arvind Mills, Gitanjali Gems, JP Hydro
  Out of Curb: Power Grid
• Escorts FY07 cons net loss at Rs 5.5 crore versus profit of Rs 47.4 crore
• L&T board approves transfer/disposal of ready mix concrete business unit to subsidiary or other entity
• Rel Comm Says
  Unnecessary, unwarranted concessions given to private GSM operators
  DoT succumbs to private GSM operators' pressure tactics
• CNBC-TV18 Exclusive
  DoT unlikely to Grant GSM Spectrum to Rel Comm before next HC hearing: Sources
  Telecom Minister to meet Solicitor Gen on issuing spectrum before HC ruling: Sources
  Telecom Minister to meet Solicitor General in Jan 1st week on Spectrum Issue: Sources
• DoT
  Accepts TRAI's subscriber linked criteria for Spectrum allocation
  To set up panel for long-term policy on spectrum allocation
  Panel to submit report in 6 mths; to incl TRAI, TEC & Industry representatives
• Ashapura Minechem board meet on January 4 to consider issue of preferential warrants / shares to promoters
• Shri Lakshmi Cotsyn board meet on December 31 to consider raising Rs 160 crore via QIP / FCCB / GDR
• BOC India plans to develop its land at Hyderabad
• 1.13 crore Suzlon Energy shares to hit the market (allotted to QIBs)
• 2.75 crore Anant Raj Industries shares to hit the market (issued on amalgamation)
• Board meetings
  Bajaj Hindusthan audited results for year ended Sep; GDR / ADR / FCCB issue
  National Mineral on bonus / stock split
  Bank of India on QIP issue
• Prime Securities board meet to consider
  Withdrawal of special resolution for buy-back
  Increase in FII investment limit
  Issue of shares / warrants on preferential basis