Stocks in news: GVK, R Power, Aban, Essar Oil, Guj Pipavav

Gujarat Pipavav Port
-Launches qualified institutional placement (QIP) issue
-Looking to raise USD 36.39 million
-Indicative offer price at Rs 58.45/share
-Kotak Mahindra Capital and IDFC Securities are bankers

Other stocks and sectors that are in news today:
-Cabinet refers one-time spectrum fee proposal to EGoM
-June auto sales: Ashok Leyland total sales up 28% at 10,244 units (YoY)
- ICICI Bank acquires 8.9 crore shares (20.51%) of 3i Infotech via conversion of preference shares and loan conversion to CDR scheme
-Gujarat HC reject Essar Oil ’s plea for relief in repayment of over Rs 8,000 crore due as sales tax: PTI
- NMDC says no plans to quit International Coal Ventures
-Cabinet Committee approves Rs 5,236 crore budget for defense optical fibre network
-Steel Minister asks MOIL to increase production in coming years
-Steel Ministry likely to hike import duty on Manganese Ore: FE 
- BILT board gives in-principal approval to acquire captive power assets on Anantha power
- Sirpur Paper Mills submits debt restructuring proposal to its lender Banks which in turn has referred to the CDR Cell
- Gabriel India fixes July 13 as record date for 1:1 bonus issue
- Shoppers Stop shuts 2 crossword stores in South India, there are now 81 stores
-Cholamandalam acquires 30 lakh (6.89%) shares of Aban Offshore via conversion of pledge   
- Tech Mahindra , UK-based Serco looking to acquire Hutch’s BPO business: TOI
- Reliance Power could lose USD 55 million bank guarantee in tariff dispute: Mint
-Korea’s Kepco in talks with GVK group for acquiring stakes in the power generation business of GVK: Mint
- Hero MotoCorp launches new 125 cc Bike Ignitor between Rs 55900- 57900 (ex-showroom, Delhi)
- IOB board approves capital raising to the tune of Rs 400 crore: BS
- Berger Paints looking for acquisitions both in India and abroad: BL