Stocks in news: Sesa Goa, Fin Tech, ONGC, Future Ventures

Here are stocks that are in news today:

Lok Sabha passes Food Security Bill MSCI review impact being witnessed on key stocks:
-Weightage cut - ICICI Bank, Axis Bank, Lupin, Adani Enterprises
-Only addition - M&M Financial Services
-Weight increase - Hero MotoCorp
-MSCI is effective August 30 IDFC
-MSCI: IDFC removed from Standard, Large Cap Indices
-MSCI: IDFC removed from indices due to cut in foreign holding limit
-Context: Board approved cut in IDFC's FII limit to 54 percent from 74 percent Sesa Goa (Ex-Date for amalgamation)
-Will be included in the Sensex today & will replace Sterlite Industries
-Sterlite to seize to trade
-Post merger company’s weight will increase in the Nifty & FTSE NSEL Investor Forum
-Writes to SEBI to take action against Financial Technologies (FTIL) and suspend trading in FTIL
-Asks SEBI to take action against promoters & directors of FTIL National Spot Exchange (NSEL) files complaint with investigation authorities against five defaulting members
-NSEL on verge of another default, collects just Rs 12 crore: Reports Competition Commission of India (CCI)
-Has resolved issues related to power projects
-Discussed premium rescheduling of highway public-private-partnership (PPP) projects
-Cabinet to take a call on premium rescheduling of highway projects
-Considered 36 infrastructre projects; investment seen at Rs 1.9 lakh crore
-All ministries to clear projects within 60 days
-18 fuel supply agreements (FSAs) to be signed by September 6
-7 power units to ink FSAs with Coal India by September 7 Department Of Industrial Policy & Promotion (DIPP) notifies FDI cap hike in telecom
DIPP says:
-Foreign direct investment (FDI) up to 49 percent in telecom allowed under automatic route
-FDI beyond 49 percent in telecom allowed under Foreign Investment Promotion Board (FIPB) route
-FIPB nod subject to fulfillment of licensing terms & security terms
-Licensing, security conditions to be notified by Department of Telecom HPCL
-To operate Vizag refinery at 60 percent capacity for about 10 days: Reuters
-Won't buy fuel from spot market to make up for cut in throughput: Reuters
 
Govt: Reuters
-July fuel sales down 1.9 percent at 12.7 mt (Y-o-Y)
-July diesel sales down 6.6 percent; petrol sales up 7.1 percent (Y-o-Y)
 
Other stocks and sectors that are in news today:
-Despite PM push, FIPB not to take up Mylan deal today: FE
-Saudi Aramco eyes 30 percent in ONGC Petro Additions Ltd (OPaL): ET
-CX partners in final talks to buy Future Ventures' 28.3 percent stake in BIBA for Rs 300 crore: ET
-Shangri-La, Phoenix Mills scraps management deal: DNA
-Monsoon Session of parliament extended till September 6 India eyes FDI boost in roads from China: CNBC-TV18 exclusive
Govt sources say
-India, China likely to sign memorandum of understanding (MoU) on roads sector
-MoU likely to be signed in October-end during PM's visit
Alert: PM slated to visit China in October-end
-MoU to concentrate on fresh FDI into roads from China
-Roads Ministry awaiting approval of MoU from prime minister's office (PMO)
-MoU for facilitating loans from Exim banks
-FDI inflows in roads sector still low; China keen
-Will draw up list for FDI in roads from China
-Areas in Northeast, J&K would be in negative list
Alert: India eyes up to USD 10 billion in roads sector by 2015