Stocks in news: Infosys, Sun TV, Polaris, Den Networks, SKS

Here are stocks that are in news today:

Infosys
-Kartik Jayaraman quits Infosys to join Accenture
-Jayaraman was global sales head-BPO, energy & utility
-Second big exit at Infosys BPO this month

Holcim-Ambuja Cements deal: Sources
-SEBI sends observations on deal to NSE & BSE
Alert: Holcim-Ambuja deal includes agreement to buy 24 percent of Holcim Cement India (HCIL) for Rs 3,500 crore
Alert: Holcim-Ambuja deal includes scheme to merge HCIL India with Ambuja
-SEBI observes agreements and schemes are interdependent transaction
-SEBI says shareholder approval to be sought for agreement, scheme
Alert: Proxy advisory firm IIAS had raised concerns w.r.t. two legged transactions

Apollo Hospitals founder Prathap Reddy to CNBC-TV18
-In talks with PE KKR to sell stake in holding company
-Hope to conclude talks with KKR in a few weeks
-May offload 7 percent in PCR Investments, equivalent to 3-4 percent of company
-Decision on pharma biz divestment after 6-7 months
-On track to touch 2000 pharmacies in next 3 months
-Outlined capex of Rs 2,500 crore; already made Rs 600 crore investments
-Do not need additional borrowing in next 12-14 months
-Funds not a constraint for company
-Will add 900 beds over next few months
-In talks with 2-3 countries to start clinics, hospitals
-Hope to start a 300 bed hosp in Tanzania over next 2-3 years

Supreme Court to continue hearing Goa mining case
-Supreme Court seeks details from Ministry of Environment and Forests (MoEF) on environment clearance given for Goa mining

Supreme Court (SC) says
-Government must explain coal block allocation method step by step
-Government must explain coal award selection criteria for private companies
-Asks Government why was there spurt in coal block awards after 2005
Govt to SC
-Will justify each & every coal block allocation

NSEL Investor Forum
-Consumer Affairs Ministry is directly to be blamed for inaction
-'This is not a speculative transaction'
-Expect finance ministry to take strictest action against National Spot Exchange (NSEL)

Government hikes import duty on gold jewellery to 15 percent from 10 percent
Government says:
-Customs duty on gold revised to contain current account deficit (CAD)
-Move is aimed at protecting interests of small artisans
-Majority of imported Jewellery machine-made versus handmade

BSE suspension
-Will suspend trading in shares of 15 companies
-15 shares to include Koutons Retail and Dunlop India
-Move effective as companies failure to comply with various provisions of the listing pact
-Companies will be barred from trading with effect today

Cabinet Committee on Investment (CCI) reviews pending infrastructure projects
CCI meet:
-Several decisions on infrastructure projects have been taken
-CCI reviewed all projects taken up in earlier meetings as well
-Sources say CCI defers decision on Reliance Power's Tilaiya UMPP

Other stocks and sectors that are in news today:
-Bayer Cropscience buy back price at upto Rs 1580/share
-Supreme Court to continue hearing coal block allocation case
-Analyst thumbs down Sun TV plane dealings: ET
-Banks likely to get cheaper funds for auto, real estate loans: ET
-Polaris in talks with Japan’s NEC to sell services division: ET
-Information & Broadcasting Ministry approves Goldman Sachs' USD 110 million investment in Den Networks
-Redington India ties up for distribution with 3M India
-SKS Microfinance secures A, A1 ratings
-Reliance Broadcast to mull delisting of company's shares today
-Mahindra Holidays approves merger of arm Bell Tower Resorts with company
-Great Eastern Energy Corporation seeks SEBI nod for 82 lakh shares IPO
-AGM: Coal India, PC Jewellers
-MCX ex dividend at Rs 12/share
-Uniphos Enterprise ex-date for rights 17 : 3

Fertiliser Ministry proposes amendment to new urea investment policy: Sources
-Cabinet note on new urea policy floated after Prime Minister's Office (PMO) meet
-Cabinet note proposes government to buy back urea only from PSUs
-Existing policy mandates urea buyback from private sector too
-Buyback only from PSUs to impact new private investment
-Buyback of urea ensures subsidy to manufacturer