Stocks in news: Federal Bank, SpiceJet, Lupin

Here are stocks that are in news today:

IndusInd QIP launched
Book launched late last night
Plans to raise $350-360m
Indicative price range Rs 375 – 384

Federal Bank block deal
L&T Fin to sell 4.6% stake
Deal to be executed today
Deal size approx $65m
Price range Rs 450-470
Proceeds to improve their capital adequacy and business needs

OVL
To buy 8.4% in Kashagan field from ConocoPhillips
OVL to pay $5bn for Kashagan field stake

On CNBC-TV18
RS Sharma Says
ONGC has a good balance sheet as well as deep pockets
The contours of the deal will augur well
Financing deal not to be issue as ONGC has healthy cash balance
Expect OVL to go for a bond programme overseas
Have heard OVL is planning a cheap overseas bond programme
Makes sense for OVL to fund acquisition largely via bonds

Jet Airways Says
Cannot comment on speculative reports
CNBC-TV18 Alert
Media reports say Jet Airways to sell 24% to Etihad airways

AirAsia Says
No plans to buy stake in Spicejet

Food Ministry
Proposes hike in import duty on white sugar to 20%
CNBC-TV18 Alert
Import duty on white & raw sugar at 10% currently
No plan to increase import duty on raw sugar
Fin Min yet to take call on proposal to hike import duty

Other stocks and sectors in the news
SpiceJet asks potential suitors Rs 70-75/sh for stake sale - FE (CMP Rs 44)
Tara Jewels sets IPO issue Price at Rs 230/sh
Reliance Power seeks to revive Krishnapatnam project, moves regulator for tariff hike - ET
Lupin launches generic version of Tricor in US - PTI
Kotak Realty Fund invests Rs 110 crore in Parsvnath project - Mint
Dish TV shareholders give nod to raise up to $200m
L&T Finance Holdings arm completes buyout of Fidelity's India MF ops
Jindal Poly Films okays demerger of arm Jindal Poly Investments
Geodesic board to decide on buyback of equity shares today
VA Tech Wabag bags Rs 217 crore order for a waste water treatment plant in Banglore

Change in Circuit Filter
Hindustan Copper - 10 %
Spanco - 10 %
BAG Films - 10 %