Stocks in news: Gati, PFC, Amrutanjan, NTPC, Mphasis

Here are stocks that are in news today:

Mphasis
-Discloses pricing and segmental pricing after analyst badger the stock for lack of disclosures
-Pricing does not show much decline as feared
-Stock might recover some of losses but the main issues of not disclosing one-offs and provision reversals in earlier quarters still remain.

Oil Ministry sources say
-Dropped condition of Cairn foregoing future legal rights
-Law Ministry view that this clause is not tenable
-Had set this pre-condition as 'Cairn litigious in nature'
-Law Ministry view that all parties consent must for pre-condition
-Stalemate on royalty, cess arbitration continues
-Cairn fears Vedanta may pull out if royalty, cess changed
-Cairn did not make adequate disclosures to Vedanta
-Stand by pre-condition of withdrawing cess arbitration
-Stand by pre-condition that royalty is cost-recoverable
-Govt can give nod reserving rights on royalty, cess
-Both cos have to disclose to SEBI for open offer nod
-Govt can pursue all legal recourses for cess
-PSC clear on royalty being cost recoverable
CNBC-TV18 alert: Oil Ministry incorporates all this in cabinet note

NTPC
-Will appeal in SC against HC order in the case against Italian equipment manufacturer Ansaldo
-Ansaldo was disqualified in NTPC's tender for 660MW supercirtical boiler
-HC found Ansaldo qualified on basis of its Italian parent company's manufacturing capability
-Ansaldo in India have tie-up with Gammon

Other stocks and sectors that are in news today:
-Axis Bank appoints Nilesh Shah as president, strategic initiatives
-Amrutanjan Healthcare acquires fruit drink brand Fruitnik for Rs 26.2 crore marking its foray in the fruit juice market (ET)
-PFC may raise up to USD 1 billion of external commercial debt next fiscal (ET)
-Infosys, Tech Mahindra vie for Telstra