Stocks in news: MCX, JSPL, ITC, Hexaware, Financial Tech

Here are stocks that are in news today:

Chrys Capital seeks more for Hexaware: ToI (PE holds 9.6 percent stake in Hexaware and feels offer is undervalued)
-Baring PE makes open offer at Rs 135/sh
-Open offer for 26 percent or 7.83 crore shares in Hexaware
-ICICI Securities manager to the offer Hexaware-Baring deal
-Baring Private Equity buys 41.8 percent stake in Hexaware for Rs 1,575-Rs 1,687 crore
-Baring to acquire 12.5 crore shares from promoter & General Atlantic (GA)
Alert: Atul Nishar held 27.7 percent stake in Hexaware
Alert: General Atlantic held 14.1 percent stake in Hexaware
-Baring equity to buy stake in Hexaware at Rs 126/share or Rs 135/share
-Baring to pay Rs 135/share if it gets 50 percent stake
-Atul Nishar to continue as non-executive chairman of Hexaware
-PR Chandrasekhar will continue as CEO of Hexaware Hexaware Founder Atul Nishar says
-Not passing on clear control of company at this stage
-GA will be getting USD 88 million from deal with Baring Private Equity
-Promoters will be getting USD 171 million from deal with Baring
-If Baring can get control then price will be at Rs 135/share
-Baring Private Equity does not want any change in management post deal
-There will be no change in management post deal
-'Individual shareholdings of my family not part of this deal'
-Was approached by many companies for stake in Hexaware
-Struck deal with Baring Private Equity at an attractive price    
-Deal done at 47 percent premium to the market price
-Baring will explain strategy post taking control
-No question of employees losing jobs post deal
-Have started reaching out to clients to explain deal Crucial Ministries move on resolving mining ban: Govt sources say
-Law ministry and Mines ministry discuss options
-Mines ministry also discussed reopening of Karnataka Mines
Alert: SC has lifted mining ban on Karnataka iron ore mines
-Category A & B Mines await nod from state & centre
Alert: 4-6 mt iron ore lying idle in Goa mines
-Mines ministry to move SC on reopening Goa mines National Spot Exchange (NSEL) gets Rs 8.5 crore in Escrow A/c; pay-out likely tomorrow 
Alert: NSEL required to Rs 174.72 crore as pay-out by tomorrow CNBC-TV18 Exclusive FMC Chairman
-Only have powers to obtain information and supervise settlement
-'We are responsible only for recognized exchanges'
-Examining all issues of default by NSEL
-Progress of 2nd pay-in not looking good
-Wrote to board reminding they will lose fit and proper status
-Directors to lose fit & proper status if they don’t meet settlement
-A forensic auditor can be appointed only with FMC nod
-'Forensic audit to be done under our supervision'
-Told government Central Warehousing Corporation (CWC) & Food Corporation of India (FCI) should do warehouse stock verification
-Can’t say if NSEL connection to Indian Bullion Market Association (IBMA), National Bulk Handling Corporation (NBHC) conflict of interest
-Warned NSEL lack of compliance will lead to consequences
-Financial Technologies is only one of the shareholders in MCX
-If not ‘fit & proper’ can bar directorship on COMMEX
-'Can’t comment if Anjani Sinha will become the fall guy'
-'We will take action in a graded manner'
-Government has to come to a conclusion on NSEL violations
-NSEL denies it has violated exemption conditions
-There is no deadline; bit early to predict the end game
-Proposed amendments to Forward Contracts Regulation Act (FCRA) to give powers to Forward Markets Commission (FMC) FMC brings out stringent rules for Settlement Guarantee Fund (SGF) of COMMEX post NSEL fiasco
FMC says
-Initial SGF should constitute 5 percent of gross revenues of all years
-SGF should have base minimum capital of members
-SGF must have interest accrued on base minimum capital
-SGF to include all settlement related penalties
-Exchange will contribute 5 percent of annual gross revenues to SGF
-Interest earned on funds of SGF to be credited to SGF
-Margins collected from members not to be part of SGF
-SGF regulations to come into effect from August 31
-Break-up of SGF to be communicated to FMC and on exchange website Power Minister
-All extra gas till FY16 to be given to power companies
-Empowered group of ministers (EGoM) has cleared standard bidding documents (SBD) for case 2 bidding for ultra mega power project (UMPP)
-Finalised new bidding norms for UMPP under case 2 EGoM meet on UMPP: EGoM approves
-Mandatory sourcing of power equipment from domestic manufacturers
-Power equipment will have to be manufactured in India
-Decision applies to UMPPs & all Case-II projects
-Cabinet may ratify decision & set timelines
-Revised SBD for UMPP & case-II projects
Alert: Case-II is location specific projects
-Fresh Request for Qualification (RFQ) for Orissa UMPP under new SBD
-Inter-ministerial group (IMG) to be authorised to modify conditions for upcoming UMPPs
-Upcoming UMPPs include Orissa & Tamil Nadu
-Coal ministry to finalise policy on surplus coal at earliest Ex-Date
-Sterlite Industries: Amalgamation
-Diamond Power: Bonus 1:3 Other stocks and sectors that are in news today:
-Karnataka iron ore mining case listed for hearing in SC likely today
-Kotak eyes Financial Technologies' stake in MCX, NSE meanwhile sells its entire stake in MCX in last 3 weeks: ET (Kotak has denied to CNBC-TV18 of buying stake in MCX)
-NSEL Chairman Guru steps down: ET (Guru is father in law of Nilesh Patel, MD of NK Proteins, the 2nd largest borrower on NSEL
-Gas industry given step motherly treatment, says PMS Prasad of Reliance Industries:ET
-GAIL offers Qatar Petro buy 5 percent in Petronet LNG to secure LNG at a lower price: ET
-SE bars NSEL defaulters from trading on SEBI orders: ET
-Independent directors recommend Pioneer Distilleries open offer at Rs 60/share
-Ranbaxy may exit smaller markets: BS
-Etihad sets terms to lower strength on Jet Airways board, to gave two directors even if it dilutes stake to 15 percent: BS
-Cabinet panel to clear 28 power projects today
-Steel ministry favors 30 percent export duty in iron ore: BS
-Jindal Steel & Power (JSPL) wins 5 iron ore projects in Africa: BS
-Axis Bank increases interest rates on NRI fixed deposits
-RBI says FII investment limit in IDFC cut to 54 percent from 74 percent earlier
-ITC to mull demerger of non-engineering operations of arm Wimco on August 28 (Alert: ITC holds 98.21 percent stake in Wimco)
-Lakshmi Vilas Bank ups deposit rate by 50-275 bps on some Maturities