Stocks in news: Ess Dee, Hexaware, Unitech, Fin Tech, TCS

Here are stocks that are in news today:

Financial Technologies
-Auditors say company's FY13 results no longer reliable
Alert: Financial Technologies' FY13 auditor is Deloitte Haskins & Sells
-Financial Technologies defers resolution 1, 2 & 5 from AGM agenda
Alert: Financial Technologies AGM to take place today in Chennai
Alert: AGM agenda point 1: Company to mull audited balance sheet for FY13
Alert: AGM Agenda point 2: To ratify payment of interim dividend
Alert: AGM agenda point 5: Reappointment of Deloitte Haskins & Sells

Financial Technologies to CNBC-TV18
-Auditors observation only related to National Spot Exchange (NSEL)
-No impact seen on other entities of group
-Will issue a release detailing other aspects as well

Financial Technologies says
-FY13 balance sheet approved, recommended to shareholders on May 30
-Purported incidence of NSEL came to notice on July 31
-Total income forms part of revenue generated from NSEL in FY13
-NSEL contributed only 4.79 percent to total income of Financial Technologies in FY13
-Contribution from revenue generated from NSEL in PAT at 6.56 percent
-Impact on account of NSEL not material in standalone result

Ministry of Corporate Affairs sources say
-Will order enquiry depending upon complaint against Financial Technologies
Alert: Financial Technologies auditors say company's FY13 results no longer reliable
-Will look into complaints against Financial Technologies, if any
-Have not received any information against Financial Technologies as of now

SBI says:
-Moody's rating cut not to impact forex fund raising
-Moody's worries on bank's capital adequacy misplaced
Alert: Moody's cut outlook on SBI's financial strength rating to negative
-Credit cost has decreased
-No plan to tap medium-term notes market for now
-Focusing on lending to higher credit rated companies
-No immediate plans to raise offshore bonds at the moment
-Sought some capital infusion from government
-Enough capital to sustain for 1-2 years without government capital infusion
-Have various options to raise equity capital
-Moody's rating downgrade 'not entirely right'
-Have enough liquidity to meet loan needs

Vijay Mallya on Mangalore Chemicals and Fertilisers (MCF)
-Respect Saroj Poddar too much to enter into a debate
-Offered to buy back shares from both Zuari and Deepak Fertilisers
-MCF to have gas-based manufacturing by March

SpiceJet says
-No truth to deal with Tiger Airways
-Reports on sale are speculative & misleading
-Will be improper to comment prematurely on possibilities of a deal fructifying
-Not averse to idea of partnering with reputed name in aviation

Government sources say
-No rollback on Quadricycle; may change few technical specifications
-Roads ministry to review Quadricycle specifications in draft notifications
-To address concerns raised by stakeholders on the issue
Alert: 1-month period for stakeholder views ends on September 26

Govt sources on Quadricycle:
-May re-look at the issue surrounding weight of Quadricycle
Alert: Draft notification fixes maximum weight at 450 kg & 550 kg
Alert: Tata Motors in favor of increasing weight of Quadricycle
-Minimum received 20-25 suggestions on draft notifications
-No decision yet on original equipment manufacturers (OEMs) seeking time for manufacturing of Quadricycle

Tata Motors:
-Spanish arm to stop production at Zaragoza plant
Alert: Hispano is Tata motors' Spanish arm
-Zaragoza unit untenable on sharp output, sales fall
-Company's operating losses over five years at over euro 60 million
-Expect to stop production at Zaragoza unit in October

Maruti Suzuki says:
-Company has cut FY14 hiring budget on slow demand
-Company not cutting jobs despite slow sales
-Company's current plant utilisation around 80 percent

M&M says:
-Company to hire fewer people in FY14 than last year
-Company's FY14 hiring budget seen lower on year

TCS, Saudi Aramco, GE launch all-women BPO service centre in Riyadh
-TCS to own 76 percent in Saudi BPO service centre venture, GE 24 percent

Coal India:
-Greenpeace allegations of misleading investors baseless
-Revised reserves estimate not to impact profitability
Alert: Coal India's revised reserves estimate based on UN norms

Videocon Industries (CMP Rs 173)
-Offer for sale (OFS) fully subscribed; gets bids for 18 lakh shares
Alert: Videocon Industries issue size for OFS was 18 lakh shares
-Videocon OFS: Indicative price at Rs 179.37/Share
Alert: Videocon promoter sells 0.6% stake (18 lakh Shares) via OFS
                      
BSE T2T
-Releases a list of stocks that would move in Trade-to-Trade w.e.f. September 27, 2013
-These companies would attract a circuit filter of 5 percent or lower as applicable.
Some of the known names:-
-Adhunik Metaliks
-Allied Digital
-ARSS Infrastructure
-Gammon India
-Hanung Toys
-Ind-Swift Laboratories 
 
Eros International
-To air UTV, Viacom18 films in subscription services
-Eros International online unit in content pacts with UTV, Viacom18

V-Guard Industries
-Commissions solar water heater manufacturing unit in Tamil Nadu
-Invested Rs 18 crore so far in Tamil Nadu unit

AGMs today
-Financial Technologies
-BGR Energy
-Essar Shipping
-Gail India
-HOEC
-NMDC
-ONGC

Other stocks and sectors that are in news today:
-NSEL defaults sixth time; pays only Rs 11.45 crore to investors
-Blackstone to buy Unitech SEZ for Rs 2600 crore: ET
-Tilaknagar Industries under IT scanner for tax evasion: ET
-SBI stops loans to road project with land woes: ET
-US company Emerson to buy Virgo valves for USD 450 million: ET (unlisted company)
-Asian Oil Fields open offer at Rs 21.5/share
-United Spirits raising funds via fixed deposits (offers 11.5 percent for 24 months)
-Comptroller Auditor General (CAG) may pull up regulator, Reliance Industries in KG-D6 report: BS
-Baring-Hexaware deal gets Competition Commission of India (CCI) nod: PTI (Alert: Baring Equity acquired 41.8 percent stake in Hexaware)
-United Spirits appoints Anand Kripalu as CEO-designate
-Ess Dee Aluminium shareholders okay hike in FII holding to 100 percent
-Ashoka Buildcon gets orders worth Rs 494 crore from Maharashtra power company