Stocks in news: Lanco, Wipro, Future Ventures, Strides

Here are stocks that are in news today:

Raghuram Rajan to take over RBI governor today

National Spot Exchange (NSEL)
-Defaults for the third time in a row
-Declares third pay-out amounting to Rs 15.37 crore
-Issues notices against 14 defaulters
NSEL says
-To recover money from borrowers via sale of their assets

Vikram Akula exits SKS Microfinance
-SKS Trust Advisors ups stake in SKS Microfinance to 12.60 percent from 9.91 percent
-Vikram Akula sells 9.06 lakh shares of company at Rs 132/share
-SKS Mutual Benefit trust Medak buys 10.25 lakh shares
-SKS Mutual Benefit Trust Medak buys shares at Rs 130.79/share
-Sequoia Capital also sells 15 lakh shares at Rs 132/share

Cabinet Committee on Economic Affairs okays Mylan's USD 1.6 billion deal to buy Strides Arcolab's unit
-Mylan says transaction is expected to close in Q4 of 2013: Reuters

Mylan deal has now cleared all domestic clearances
-Is now pending only US Federal Trade Commission approval
-Is expected in September

Cabinet approves India-UAE aviation bilateral pact
India-UAE bilaterals:
-Proposal to up seats to 12,800 per week in 2014 winter schedule
-Proposal to up seats to 12,870 per week in 2015 winter schedule

On CNBC-TV18 Kapil Kaul, CEO- South-Asian region, CAPA says
-Cabinet move to okay bilateral pact is on expected lines
-India-UAE bilateral pact to primarily help Etihad
-Do not see any regulatory challenges to Jet-Etihad deal

Gujarat Gas in pact to buy 0.85 mcmd gas from Gujarat State Petroleum Corporation (GSPC)
-GSPL to supply gas to Gujarat Gas from January 2014 to June 2025

RBI to issue circular on 80/20 gold import rule: Sources
-RBI circular to amplify current provisions
-Customs dept to also issue circular on implementation of 80/20 rule
-RBI issues clarification on 20/80 gold import norms
RBI says:
-Gold sale to SEZs not considered sale to exporter
-Gold sale to export units not considered sale to exporter
-Gold sale to trade houses not considered sale to exporter
-SEZ, export units can import gold exclusively for exports
-Trading houses can also import gold exclusively for exports

SEBI says:
-Bourses to revise index-based circuit breaker limits daily
-Index circuit breaker limits to be based on previous close
-Post circuit halt, trading to resume with 15 minutes call auction
-New index-based circuit limits effective from October 1

RBI tightens norms for disbursal of home loans
RBI says
-Upfront disbursal of home loan for incomplete projects a risk
-Banks must link disbursal of home loan to stage of construction

AGMs today
-IDBI Bank
-Tara Jewels

Future Ventures
-PE fund Warburg Pincus set to buy a Rs 350 crore minority stake in Indian ethnic wear brand Biba: ToI
-Move to also include purchase of the stake held by Kishore Biyani’s Future Ventures

LIC Housing Finance
-Has raised interest rates on home loans by 35 basis points but has spared its existing customers from a rate hike: ET
-To raise Rs 200 crore via 3-year bonds at 10.60 percent

Dhanlaxmi Bank
-Planning to raise Rs 60 crore in the next couple of months through preferential allotment
-Bank is also planning to raise Rs 200 crore through right issue or QIP, all these funds will be raised through NRI’s: BS

Dalmia Bharat
-August cement production 759,000 tonne versus 692,000 tonne Y-o-Y
-August cement despatches 768,000 tonne versus 699,000 tonne Y-o-Y

Mindtree
-Plan two more delivery centres in US
-Looking to acquire companies in package application, infrastructure management to build scale in some domains

Other stocks and sectors that are in news today:
-GMR Infrastructure promoter GMR holdings get 1.9 crore pledge shares released from MOFSL
-Lanco Infratech: Lanco Group has retrenched about 50 percent of its 8000 workforce during the last 15 months: ET
-Wipro bagged USD 125 million (Rs 850 crore) order from Deutsche Bank for providing application maintenance service: BS
-Ex-Dividend - Maharashtra Seamless: Rs 6/share