Stocks in news: Mastek, RComm, Canara Bank, Bayer, HDFC

Here are stocks that are in news today:

Reliance Communications (RComm)
-China Development Bank signs final documentation for Rs 8700 crore i.e. USD 1.93 billion loan facility
-First loan to finance 3G spectrum Auction
-Annual projected interest cost savings of over Rs 500 crore per year
-Use of loan proceeds for refinancing RCOM's 3G spectrum fees and imports of telecom equipment
-Company to benefit from extended loan maturity of 10 years, and substantial interest cost savings
-Company to commence drawdown beginning in March, 2011

Canara Bank
-Launches QIP; issue priced at Rs 604/share
-Book size USD 333 million; upsize option of additional USD 110 million
-Bankers include JP Morgan, HSBC, SBI Cap & JM Financial

Mastek
-Expects reduced revenues from its partnership with Capita
-Expects impact of 1.2-1.4 million pounds per quarter from Apr-June quarter
-Management expects to make up for shortfall through biz growth in the next 2 quarters

Other stocks and sectors that are in news today:
-Listing today: Acropetal Tech 
-Indswift Labs board meet on March 15th to consider and approve allotment of equity shares upon conversion of warrants into equity shares.
-Lanco Infra: Udupi Power Corporation Ltd, a Group Company, has successfully Synchronized Unit II (600 MW) with the grid
-Kalpataru close to buying Bayer