Stocks in news: REC, RIL, Patni, HCL Info, TTML

BSE | NSE 10/02/12

Here are stocks that are in news today:

Results today: Bharti Airtel, ICICI Bank, IOC, Nalco, SAIL, ABB, Ackruti City, Ashok Leyland, Divi's, Educomp, Federal Bank, Gammon India, GE Shipping, GSK Pharma, Godrej Consumer, Indiabulls Real Estate, Indiabulls Retail, Indiabulls Securities, Indian Hotels, IRB Infra, IVRCL Infra, MTNL, Mundra Port, Nestle, Northgate, Oracle Fin, Orchid Chemicals, Reliance Capital, Thermax, Torrent Power, Uttam Galva

Results today: Adani Enterprise, Aditya Birla Nuvo, Aftek, AIA Engg, Allied Digital, Alstom Projects, Ansal Housing, Arvind, Assam Co, Aurobindo, Ballarpur, Bank Of Maharashtra, Bartronics, Berger Paints, Bharat Electronics, Bilpower, Bombay Rayon, BPL, Carborundum, Central Bank, Cinemax, Deccan Chronicle, Dolphin Offshore, Dredging Corp, Easun Reyrolle, EID Parry, Essar Shipping, Fedders Lloyd, Federal-Mogul, FACT, Geodesic, Gujarat Industries Power, GVK Power, Gwalior Chemical, HEG, Hindustan Dorr, ICSA, Ind-Swift, Ind-Swift Labs, IVR Prime, J&K Bank, Karur Vysya Bank, KEC International, Kohinoor Foods, KPIT Cummins, Lakshmi Energy, Max India, Moser-Baer, Mukand, Page Industries, Plethico, PVP Ventures, Raj Oil, Rajesh Exports, RCF, RPG Cables, Saksoft, Sejal Architectural, Simplex Infra, Strides Arcolab, Syndicate Bank, Tanla Solutions, Thinksoft, Uflex, Visa Steel, Vishal Retail, Voltamp

REC (Rural Electrification Corporation) FPO
-CCEA (Cabinet Committee on Economic Affairs) okays 15% FPO (follow on public offer) for REC
-To comprise 20% of existing capital
-Fresh issue of 15%, 5% of existing capital
-To issue 12 crore shares
-Public shareholding post FPO to be 33%
-Govt shareholding post FPO to be 66.8%
-Alert: Govt currently holds 81.82% in REC
-Govt Says REC FPO likely this fiscal

Patni - Sources: Exclusive
-General Atlantic in advanced talks for Patni stake sale
-General Atlantic in talks with IBM, Apax partners for sale
-General Atlantic in talks with Bain Capital for sale
-General Atlantic sees 10% premium over current market price ((Rs 454))
-General Atlantic says do not comment on portfolio companies
-Patni CFO says will not comment on speculation

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