Stocks in news: United Breweries, M&M, BHEL, DCHL, Maruti

Maharashtra political storm
-Deputy CM Ajit Pawar resigns over irrigation scam
-19 other NCP ministers have also tendered resignation
-Sharad Pawar says no threat to UPA government

Maruti completes settlement with Gurgaon workers
-Maruti doles out hike of Rs 18000 per month spread over 3 years
-Maruti's Gurgaon workers to get 80% hike in FY13
-Maruti doubles Medi-claim cover for workers to about Rs 5500
-Maruti includes special travel allowance of Rs 1200 per month for workers

Bankers say
-Lenders fail to admit Deccan Chronicle Holdings (DCHL) into corporate debt restructuring (CDR) cell
-Some lenders to wait till forensic audit is completed
-Some lenders have given mandate for CDR admission
-Canara Bank has begun forensic audit of company

Alok Industries plans to raise Rs 551 crore via rights issue
-Cancels plans to raise funds via QIP/ADR/GDR/FCCBs

Central Bank to cut deposit rates by at least 25 basis points: Sources (NewsWire18)
- SBI to increase lending to commercial real estate companies

Raghuram Rajan says (Chief Economic Advisor)
-Economic situation not so bad as to merit a ratings review
-Restoring domestic investors investment important
-Ramping back to 8.5-9% GDP should be the goal
-Retro amendment and general anti avoidance rule (GAAR) sent out negative signals globally
-US stimulus positive for India's short-term inflow
-Best policy is to move towards true cost of fuel
-Need to reduce fiscal gap by cutting subsidy
-Insurance FDI hike to allow more inflows
-New banking licences when conditions get resolved
-Discussing setting up of national investment board

Other stocks and sectors that are in news today:
-SEBI approves government's stake hike in IFCI to 55.57%
- EIH rights issue: 1.08 crore shares at Rs 100/share in the ratio of five shares for nine held. Issue opens today and closes on October 12. 
-Shareholders okay United Breweries , Scottish and Newcastle merger
- Gujarat NRE Coke to mull merger of Bharat NRE Coke with company on Friday
- M&M to invest Rs 1500 crore in new platform with Ssangyong: ET
- NTPC not ready to sign new fuel supply agreements with Coal India: ET
- BHEL considering to buy European metro rail technology provider for approximately USD 500 million: FE
- Pennar Industries receives order worth Rs 70 crore from Texmaco, L&T, Mahindra EPC