Stocks in news: Pantaloon, NCC, NMDC, L&T, FDC, Tata Steel

Competition Commission of India (CCI) on Pantaloon deal
-Rejects notice seeking nod for Aditya Birla-Pantaloon deal
-Rejects nod as board of both companies were yet to give consent
-Finds Pantaloon, Aditya Birla merger notice invalid
-Companies to apply for CCI approval after board nod

NSE F&O exclusion
- Central Bank , NCC , Shipping Corporation of India and South Indian Bank
-No F&O contracts in four stocks post October

Wockhardt
-Gets USFDA final okay for generic drug Felodipine
-Company to launch anti-hypersensitive drug immediately
-Also to launch generic version of anti-hypertensive drug Plendil

GAIL cuts stake in ONGC 's OPaL to 15.5% post project cost escalation by 9.5%
-Company had picked up 19% stake in 2008-09, revised project cost in 2010 stood at Rs 19,000 crore
 
Royal Orchid CMD
-'Increased interest rates hurting us'
-Debt on books stands at Rs 160 crore
-Will only manage hotels going forward
-Will not be building hotels in future
-Invested Rs 213 crore in Hyderabad hotel

DGCA on KFA sources say
-Safety audit report on Kingfisher Airlines (KFA) likely by week-end
-KFA licence cancellation unlikely
-Corrective measures to be suggested to KFA
-Audit gauges impact of financial situation on safety
-'Easy to cancel an airline's licence; difficult to revive'

KFA CEO Sanjay Agarwal met DG, DGCA: Sources
KFA to DGCA
-In talks with lenders for financial restructuring
-Will start paying March salaries starting August 21st

Other stocks and sectors that are in news today:
- NMDC hikes iron ore price by 8-13%: Agencies
-Government says not planning to deregulate diesel, LPG and kerosene: PTI
- ONGC to spend Rs 15000 crore to drill 480 wells this fiscal: Mint
- Essar Oil in USD 1.2 billion pact with Colombia to buy crude oil: BL
- Jain Irrigation board meet today to consider the issue of warrants to promoter group
- L&T to sell equity in infra projects to PE players: PTI
- Cipla partners Aspen for Australia foray: BS
- Tata Steel to pay USD 473 million to redeem FCCB: FE
- Future Capital sells 20 lakh pledged shares (6.12% stake) in Ganesh Housing
- Kesoram Industries board meets to consider rights issue
- FDC announces buy back at maximum Rs 110/share
-RBI tightens norms for securitisation of loans by NBFCs
-Companies bill unlikely in monsoon session of Parliament