Stocks in news: PTC India, RIL, GTL Infra, Hotel Leela

Here are stocks that are in news today:

Cairn-Vedanta deal: CNBC-TV18 exclusive
Finance Ministry sources say
-May opt for Cairn dropping cess arbitration
-May opt for arbitration to be withdrawn prior to nod
-Tighten precondition of arbitration withdrawal
-Will shortly send response on draft cabinet note
CNBC-TV18 alert
-Law Ministry said all preconditions need mutual consent
-Law Ministry opined cairn giving up legal rights not tenable
-Cabinet expected to consider deal next week

Hotel Leela Ventures looking to sell 14.95% stake: VCCircle exclusive
-Hotel Leela Ventures stake sale via fresh issue of shares to unnamed investors 
-Hotel Leela Ventures stake sale likely to raise Rs 270 crore at CMP
-Hotel Leela Ventures stake sale aimed at reducing debt on co's books
CNBC-TV18 alert: Hotel Leela has debt of Rs 2,878 crore as on March 10

Wockhardt Vs FCCB holders
-Bombay HC admits winding up petition against Wockhardt
-FCCB holders have the option to appoint a liquidator
-Wockhardt likely to challenge Bombay HC decision

Pyramid Saimira case
-SEBI restrains 3 directors for 2 years
-SEBI restrains independent directors, audit committee member for 2 years
-SEBI stops 3 directors from being independent directors/audit members
-SEBI restrains KS Kasiraman, K Natarahjan, G Ramakrishnan

Other stocks and sectors that are in news today:
-BHEL board meet on March 15th to consider the report of the consultant regarding formation of a Non-Banking Finance Company.
-Bharti Airtel calls of its bid to buy 30% stake in Hexacom (ET)
-Lupin to launch 10 drugs in Japan next fiscal year through its arm Kyowa Pharma to cash in on the Indo-Japan trade pact (ET)
-Aditya Birla Group set to join the race to buy Australian coal mining company Whitehaven coal for USD 3.2 billion (BS)
-RIL to get a tax leeway on the USD 7.2 billion it would receive as business income from the proposed sale of its 30% interest in 23 oil & gas blocks to BP (FE)
-GTL Infra admits of evading tax on Rs 500 crore income & has agreed to pay a tax liability of around Rs 150 crore (DNA)
-GAIL to raise Rs 1000 crore through external commercial borrowings (ECB) to fund its expansion plans (DNA)
-Union Bank - Decision on capital infusion of Rs 1096 crore on March 29
-HEG board meet for buy back
-Crisil: Ex-dividend at Rs 25
-GSK Pharma: Ex-Dividend at Rs 40 
-GMR Infrastructure withdraws after being shortlisted to manage & operate Ontario International airport in California (BS)
-PTC India Financial Services IPO to open on March 16 with a price band of Rs 26-28 per share (FE)
-Steel firms see up to 20% hike in costs next quarter (FE)

DoT readies Rs 1200 crore demand note on 5 telcos: Exclusive - sources
-Demand note based on special audit findings
Alert: Special audits conducted on 5 telcos
-Demand on Reliance Communications, Bharti, Idea, Tata Tele, Vodafone
-Rs 306 crore demand likely on Reliance Comm
-Rs 237 crore demand likely on Bharti Airtel

CNBC-TV18 Exclusive - DIPP proposes
-Relaxing FII investment cap, but with conditions
-FII investment limit can be hiked up to FDI cap
CNBC-TV18 alert
-Total FII investment cap is 24% if via FDI scheme
DIPP proposes
-Move to be part of updated FDI policy on March 31
-Prior board & shareholder nod must for such increase
-Equity shares against capital goods import to be FDI
-Capital goods to include second-hand machines
-FDI into investing co will need FIPB nod