Stocks in news:

• Tech Mahindra bags $700m contract from BT - ET
• Govt to review ECB norms, likely to ease end-use restrictions, quantum of borrowing - ET
• Nano component suppliers ask Tata Motors to up prices - BS
• HSBC likely to pick E*Trade's 43.85% stake in investsmart: Srcs
• RIL in talks with 3 mid-sized oil co’s to bid for new NEPL blocks- ET
• Taiwan’s Sanyang join race for acquiring controlling stake in Kinetic Motors - BS (M&M too eyeing Kinetic Motors)
• DoT sues Tata Tele seeking to recover Rs 2015 cr for default in payment of licence fee for Karnataka circle
• Lanco’s plans to set up 2 power plants in Indonesia suffers a set back as local govt calls for rebid of these projects citing limited number of participation - Mint
• Wanbury eyes contract research firms in US - BS
• Results today:
  Bank Of India, Bongaigaon Refinery, DCW, Edelweiss Capital, Emkay Share, HT Media, Redington, Saksoft, SAIL, Tata Investment, Texmaco
• Anu’s Labs IPO subscribed 8.43 times (closed yesterday)
• Index change from May 21:
  LG Balakrishnan to be removed from BSE Small-Cap Index
• New listing:
  Explicit Finance, Bafna Spinning Mills to resume trading (no circuit filter today)
  Sylph Technologies to resume trading from May 22
• In T2T from today: BPL, Kinetic Motor, Samtel Color, Usha Martin Infotech
• OnMobile Global to acquire 100% stake in Telisma SA, France
• Board meets:
  Madras Aluminium to mull stock split
  Blue Coast Hotels on fund raising
  Bihar Tubes on ADR / GDR / FCCB / QIP issue
  Texmaco on stock split
• Chennai Petroleum Q4
  Net Profit At Rs 343.9 Cr Vs Rs 189 Cr
  Net Sales At Rs 8,399.5 Cr Vs Rs 5,725.2 Cr
• Voltas FY08 Consolidated
  Net Sales At Rs 3,202.93 Cr Vs Rs 2,526.74 Cr
  Net Profit At Rs 207.68 Cr Vs Rs 201.58 Cr
• Voltas Q4
  Net Sales: Rs 589.12 cr Vs Rs 539.97 cr
  Other Income: Rs 5.92 cr Vs Rs 12.92 cr
  Operating Profit: Rs 4.97 cr Vs Rs 76.78 cr
  Net Profit: Rs 14.02 cr Vs Rs 36.91 cr
• Tamilnadu PetroProducts Q4
  Net Sales at Rs 229.85 cr Vs Rs 224.21 cr
  Other Income: Rs 14.2 cr Vs Rs 4.08 cr
  Operating Loss of Rs 95 lakh Vs Profit of Rs15.4 cr
  Net Profit at Rs 17.84 cr Vs Rs 7.85 cr
• SI Group Q4
  Net Sales: Rs 162.4 cr vs Rs 150.2 cr
  Net Profit: Rs 3.29 cr vs Rs 4.81 cr
• Can Fin Homes Q4
  Net Sales: Rs 57.11 cr Vs Rs 50.46 cr
  Net Profit: Rs 9.86 cr Vs Rs 5.69 cr
• Zylog Systems Q4 (QoQ)
  Net Sales: Rs 162.07 cr Vs Rs 159.89 cr
  Net Profit: Rs 18.36 cr Vs Rs 23.44 cr
  Vardhman Textiles FY08 Standalone
  Net Sales: Rs 2294.67 cr vs Rs 2087.63
  Other Income:Rs 32.87 cr vs  Rs 34.03
  Net Profit: Rs 122.54 cr vs Rs 171.7 cr