Oct 14, 2013 10:11 AM IST | Source: CNBC-TV18

Stocks in news: Wockhardt, Cairn, MCX, Tech Mahindra, Jet

Wockhardt | Cairn India | IOC | Bosch | TTK Prestige | MCX | Wipro | HCL Technologies | Financial Technologies | Jet Airways | Tech Mahindra | Jaiprakash Power | JSW Steel and JSW Energy are stocks, which are in the news today.

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Here are stocks that are in news today:

Results Today: Reliance Industries, IndusInd Bank, CMC, AP Paper, Bajaj Corp

Wockhardt - Yet another setback
-UK's health regulator withdraws good manufacturing certification of company's Chikalthana facility
-Received a letter from Medicines & Healthcare Products Regulatory Agency, United Kingdom (UKMHRA) whereby the agency has decided to withdraw previously issued GMP Certificate to company's facility situated at L1, MIDC, Chikalthana, Aurangabad
-Will be issuing a restricted GMP (good manufacturing practice) Certificate to the site along with a statement of non-compliance for the said site

Big banking reforms on cards, say RBI governor (small PSU banks to be in focus)
-To ease entry for foreign banks

Economic offences Wing (EOW) sources on NSEL
-It's a clear case of Ponzi scheme; accounts fished
-Cannot find records of warehouses prior to August 8
-Probing issue of possible kickbacks to Anjani Sinha
-Going through books of accounts; questioned former CFO Kotian
-Agreements between borrowers & National Spot Exchange (NSEL) loosely worded
-NSEL gave borrowers options to postpone loan payment

Cairn India - Delhi High Court says
-10 percent capital gains applicable on Cairn share sale
-Quashes AAR ruling on Cairn India share sale
>AAR is Authority for Advance Ruling
>AAR ruled 20 percent capital gains tax applicable

IOC buys 5 m barrels of West Africa Oil via tender for December lifting: Reuters sources
-IOC makes first purchase of Nigeria’s Okwuibome Oil: Reuters
IOC says
-Stopped building work at Orissa refinery
-Shut pipeline on east coast

Oil minister Veerappa Moily says
-Oil companies monitoring operations
-Some shipping diverted for safety

-To suspend manufacturing operations at Jaipur plant on October 19 and October 28-November 2
-To suspend manufacturing operations at Bangalore plant on October 15 and 31

TTK Prestige Q2
-Net profit flat at Rs 30.3 crore (YoY)
-Net sales at Rs 345.5 crore versus Rs 335.5 crore (YoY)
-EBITDA at Rs 44 crore versus Rs 51 crore (YoY)
-EBITDA margin at 12.8 percent versus 15.2 percent (YoY)

Reliance Industrial Infrastructure Q2
-Net profit at Rs 5.9 crore versus Rs 6.1 crore (YoY)
-Income from operations at Rs 20.7 crore versus Rs 19.2 crore (YoY)

Other stocks and sectors that are in news today:
-Forward Markets Commission (FMC) to order special audit of MCX: ET
-Revision clause likely to salvage PPP core projects: ET
-NHPC to raise Rs 1000 crore via NCD issue, open of October 18, closes on November 11
-Cairn's Barmer plan gets regulatory approval: FE
-Wipro, HCL Technologies in race for Indian Post project: BS
-Apollo Hospitals to invest Rs 2000 crore in next 3 years to add 2800 beds across country: Reports
-Tata Tele to seek promoter funding to bid for spectrum: BS
-Financial Technologies: Anjani Sinha likely to report at EOW today
-Jet Airways: Jet –Etihad deal likely to be taken in CCI today
-RBI says Tech Mahindra ups FII investment limit to 45 percent from 35 percent
-Elder Pharma appoints Alok Saxena as MD & CEO
-Bayer Challenges IPAB’s compulsory license order to Natco Pharma on cancer drug Nexavar
-UB Holding: Promoter releases pledge on 16 lakh shares on September 6
-JSW Steel: Promoter creates pledge of 14.15 lakh shares on October 10
-JSW Energy: Promoter creates pledge of 2.45 crore shares on October 10
-Jaiprakash Power: Promoter creates pledge of 1.48 crore shares

August IIP at 0.6 percent versus 2.8 percent (MoM)
-Manufacturing sector growth at -0.1 percent versus 3 percent
-Electricity sector growth at 7.2 percent versus 5.2 percent
-Mining sector growth at -0.2 percent versus -2.3 percent
-Basic goods growth at 1.5 percent versus 1.7 percent
-Capital goods growth at -2 percent versus 15.6 percent
-Intermediate goods growth at 3.6 percent versus 2.4 percent
-Consumer durables growth at -7.6 percent versus -9.3 percent
-Consumer non-durables growth at 5 percent versus 6.8 percent
-Consumer goods growth at -0.8 percent versus -0.9 percent
-July IIP revised to 2.8 percent versus 2.6 percent earlier
-April-August IIP at 0.1 percent versus 0.2 percent (YoY)

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