Stocks in news: Aban Offshore, Compact Disc, Kale Consult

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Aban Offshore
Dax Partners submit bid for $6.75 m
Dax Partners New York based investment fund

Ratan Tata on TCS
Ratan Tata says TCS has not got notice from IT dept on body shopping
Will wait for the right time to merge CMC with TCS

Other stocks and sectors in the news
Eicher Motor June total sales up 26% at 3,723 units (YoY)
Hero Honda June total 2-wheeler sales at 5.12 lakh versus 4.26 lakh (YoY)
Jindal Steel Bolivia commences dispatch of 20 billion tones of iron ore from EL-Multan mines in Bolivia & also to setup a plant with a $ 2.1 billion investment
Compact Disc board to reconsider proposed delisting; Alert: HSBC had filed recovery suite and stalled delisting plans earlier
Kale Consultants sold its entire investment of 49% to Saksoft with an undisclosed amount
Sobha Developers buys back 40.5% in SPV from Dubai based PAN Atlantic Investments
Kesoram Inds postpones its cement expansion project
Avantha Int buys 9.09% stake in Ballarpur International Graphic Paper Holding. Post the deal, Ballarpur Int holding stake falls to 72.3%, and PE stake falls to 18.6%. The deal is stuck at a pre-money valuation of $1bn of BIGPH
Kanoria Chemicals to enter renewable resource business
ITI looking to invest over Rs 2380 Cr for revival of its mfg unit and diversifying into other biz
Board Meets today - Essar Ports to approve results for March 31
Ex Dividend: Tata Steel Rs 12/sh
F&O Ban: ABG Shipyard
LE Waterina stock split from Rs 10 to 1

Govt to review & modify licensing conditions for DTH operators after law enforcement agencies & ministries of home & defence raised security concerns (FE)
Tea prices likely to rise on global shortage & robust local demand & exports are expected to increase with countries like Egypt turning to Indian market (FE)
Pantaloon set to sell its 54% stake in the financial services arm Future Capital holdings may utilize the funds to cut down on its debt (ET)
Chennai police on Sunday arrested W Hansraj Saxena, chief executive officer of Sun Pictures, for allegedly cheating a film distributor to the tune of Rs 82.53 lakh