Stocks in news: TV Today, Tata Tea, Deccan Aviation

Stocks in news: 

• Results today:
  TV Today, Tata Tea, Neyveli Lignite and Shreyas Shipping
• Indian ADRs:
  MTNL down 5%
• Spice Tele-Idea Cellular merger may happen by June first week: Sources
• Ex-dividend:
  Tata Motors (Rs 15) and Tata Sponge (Rs 4)
• Tata Tea set to buy Mount Everest Mineral Waters at Rs 145/sh, open offer likely at same price
• Tata Tea likley to announce special dividend of Rs 150-200/sh - HT
• RBI:
  RBI allows all metal cos to hedge price risk in global exchanges
  Aviation cos to hedge economic exposure in global bourses based on domestic purchases
• Deccan-Kingfisher:
  UB Holdings to by 26% stake in Air Deccan
  UB Holdings to make sbsequent 20% open offer
  UB Holdings to pay Rs 155/sh for Deccan Aviation stake
  UB Holdings to pay total of Rs 550 cr for the 26% stake
  UB Holdings toay Rs 150 cr now, Rs 400 cr before June-end
  Deccan Aviation to make pref allotment to UB Holdings
  Air Deccan and Kingfisher to hold 32-34% mkt share
  Gopinath to remain chmn of Deccan Aviation
  Deccan, Kingfisher to continue with separate identities
  Gopinath says Vijay Mallya to be vice chmn of Deccan Aviation
  Ramki Sundaram CFO Air Deccan to become officiating CEO
• Trehan says 70 people have quit Escorts with him; Fortis says number is 24 but concede another 12 could go today (Escorts total staff is 250)
• Wockhardt gets US FDA nod to enter the USD 680 million Lamisil market
• Lupin not to go ahead with its MoU with Symbiotec Pharmalab for JV by
• MRO TEK buyback now opens on June 4
• Network 18: Wholly owned subsidiary Indian Film Company makes 10-day announcement for admission of securities at AIM
• Aditya Birla Nuvo integrates operations of BPO biz under single entity - FE
• Logix Mirco close to buying US based co for USD 10 mn - ET
• Tata Chem eyes fertilizer unit in Middle east - FE
• Global tenders issued for Dharavi redevelopment; Akruti Nirman will be in focus
• Lemon Tree to buy 2 properties of Tourisim Finance Corp - DNA
• Punj Lloyd Q4FY07 (QoQ):
  Net profit up 83.24% from Rs 48.29 cr to Rs 88.49 cr
  Revenues up 20% from Rs 1433.32 cr to Rs 1719.91 cr
  FY07 EPS at Rs 7.50
• Swaraj Mazda Q4:
  Net profit at Rs 6 cr vs Rs 1.2 cr
  Net sales at Rs 165 cr vs Rs 157 cr
  OPM at 7.17% vs 3.1%
• Mirza Intl Q4:
  Net loss at Rs 3.16 cr vs profit of Rs 1.24 cr
  Net sales at Rs 66.1 cr vs Rs 49 cr
• Himdri Chemicals Q4:
  Net profit at Rs 16.6 cr vs Rs 10.1 cr
  Net sales at Rs 75.2 cr vs Rs 58 cr