Stocks in news: TCS, Pyramid Saimira, PTC

Stocks in news:

• Results today:
  TCS, Allahabad Bank, India Cements, MRPL, Petronet LNG, Welspun Gujarat, Infotech Ent, Chambal Fertilizers, GTC Industries, LIC Housing Finance, Pyramid Saimira, Rallis India, SBI Home Finance, Ucal Fuel and Vardhman Textiles
• Board meetings:
  Pyramid Saimira on raising funds via foreign debt instruments
• PTC India to allot 7.74 cr shares at Rs 155 to QIBs
• NSE F&O curb
  New in curb: Rajesh Exports
  Still in curb: Adlabs Films, Essar Oil, GMR Infra, IFCI, Ispat, IVR Prime, JP Hydro, Nagar Fert, OswalChem, Parsvnath, RPL, SRF
  Out of curb: Arvind Mills, RNRL((total 13 in curb)
• RBI allows FIIs to buy up to 49% in Jai Corp and 74% in Temptation Foods
• Reliance Power IPO day 1:
  Subscribed 10.5x, QIBs 17.5x, Bids Worth Rs 1.08 Lk Cr ($27.5 Bn)
• Future Capital closes today; subscribed 27.04 times till now; QIB 35.05x; Retail 15.26x; HNI 14.15x
• TRAI To DoT:
  Not Correct To Say TRAI Recommendations on Allocation Spectrum Been Accepted
  No Growth Path For Allocation Of Spectrum Beyond 7.2MHz
  Norms To Be Issued For Players With >15 Lk Subscribers In A Circle
  Spectrum Usage Charges Should Be Immediately Notified
• First on CNBC-TV18: Great Offshore Likely To Acquire UK-based Co For $1.4 Bn: Sources
• Essar Oil
  Acquires 50% In 4 mt Kenyan Refinery From Shell, Chevron, BP
  Kenyan Refinery Acquisition To Be Completed By Early '08
• Apollo Tyres board approves setting up radial tyre manufacturing facility at Chennai for Rs 220 cr
• Phoenix Mills board meet on Jan 22 to consider merger with co in similar line of business
• Govt may reduce excise of consumer durable goods from 16% to 12%, prices may fall by 8-10% - ET
• Videocon to enter lifestyle, cash and Carry retail - ET
• Avesthagen to raise Rs 1200 cr via IPO, existing shareholders include Dannone group, Tata Industries, Godrej, Cipla
• Belgium Co acquires 54% in Flat Products at Rs 517/sh, open offer at Rs 517/sh
• M&M creating Tata -Ace like platrform to offer mass transport - DNA
• RPL refinery 82% complete - DNA
• Nitco to hive off real estate arm in next 2 yrs - DNA