Stocks in news: Kalindee, Asian Paints, Hindalco, Sesa Goa

Here are stocks that are in news today:

Forward Markets Commission (FMC) to National Spot Exchange (NSEL)
-Liquidate realisable assets of defaulters to meet pay-in         
-Ask defaulters to handover books/documents to the exchange
-Seek terms of appointment of agencies like Group 4 & SGS
-Seek information about preliminary report submitted by these agencies
-Bring to notice any deficiency in quality/quantity of stock
-Auction commodities lying in warehouses
-NSEL must report discrepancies in warehouse stocks
-NSEL must deposit auction proceeds in Escrow account

Corporate Affairs Ministry (MCA) received reference from Consumer Affairs Ministry on NSEL issue: PTI Sources
-MCA looking into possible Companies act violations by NSEL

YES Bank
-Goldman Sachs Singapore bought 18.6 lakh shares at Rs 252/share
-T Rowe Price sold 31.2 lakh shares at Rs 260/share

JBF Industries
-Board approves buy-back of equity shares
-Buyback size not to exceed shares amounting over Rs 73.5 crore
-Buyback price not to exceed Rs 105/share

Kumar Mangalam Birla to raise Hindalco stake to 37 percent for Rs 2165 crore: ET
-Will convert 15 crore preferential warrants into equity shares to raise holding by 5 percent

2G Court rejects plea to defer Anil Ambani's deposition
-Tina Ambani to appear before 2G trial court on Friday
2G Court says
-Anil, Tina Ambani appearance will cause no prejudice to accused
-No plea for deferral made by the witnesses

Asian Paints
-Raises stake in Berger International to 75.82 percent
-To buy balance 24.18 percent in Berger International via open offer
-To delist Berger International from Singapore bourse

YES Bank Case: Bombay High Court adjourns case to August 22
-Bombay High Court to consider if it has jurisdiction to hear case
-YES Bank opposing maintainability of Madhu Kapur plea

Yes Bank says
-Under banking regulation act, board appointments cannot be challenged in court
Alert: Madhu Kapur challenging appointment of 6 directors by Yes Bank

Tata Motors says in AGM
-Seeing double digit growth in US
-Europe market declined by 5 percent in FY13
-Expect US economy to recover going ahead
-Indian market to remain fraught with challenges
-European market to remain sluggish
-Capex plans for FY14 in excess of Rs 3,000 crore
-No plans to list Jaguar Land Rover (JLR) on London stock exchange
-LCVs to see facelift; new ultra range to be launched
-Company working towards lowering operating costs
-On DHL issue at JLR Plant in UK: JLR in discussion with DHL; making suitable alternatives

Delhi HC refuses to stop Hindustan Unilever's Pepsodent advertisement
Alert: Colgate Palmolive moved Delhi HC against Pepsodent advertisement

Sajjan Jindal writes to PM & FM on iron ore shortage
-Invested more than Rs 55,000 crore to fulfill domestic demand
-Vijayanagar plant at 75-80 percent capacity utilisation due to shortage
-Even after SC order, iron ore operations not resumed in Karnataka
-Out of 57 mines approved by CEC, only 14 are operating
-Annual iron ore production at 13.77 mt versus demand of 32-35 mt
-Slow decision making process hindering mining production
-All available iron ore stocks been exhausted in last 1 year
-Bringing iron ore from Orissa to operate at optimal capacity
-Import of iron ore economically unviable
-Iron ore prices in Karnataka double that of Orissa, Jharkhand
-Govt must ensure availability of iron ore for steel production
-Availability of iron ore will bring down steel imports, current account deficit

Trade Ministry moves CCEA on export duty cut on iron ore fines: Government sources
-Steel Ministry strongly opposes any move to reduce export duty
Alert: export duty on iron ore fines current stands at 30 percent
-High export duty to help long-term utilisation of steel industry
-Facing acute shortage of iron ore in Karnataka post mining ban

Arshiya International Q1FY14 Y-o-Y
-Total income at Rs 92.3 crore versus Rs 181.6 crore
-Net loss at Rs 52 crore versus net profit at Rs 9 crore

Kalindee Rail Q1FY14 Y-o-Y
-Total income at Rs 41.4 crore versus Rs 51.7 crore
-Net loss at Rs 11.5 crore versus net profit at Rs 2 crore

Ex-Dividend
-IOC: Rs 6.2/share
-Wockhardt: Rs 5/share
-Care: Rs 6/share

RBI
-Raises interest rate cap on NRI foreign currency deposits
-3-5 years FCNR (B) deposit rate revised to Libor/swap+400 bps

Other stocks and sectors that are in news today:
-Sesa Goa to replace Sterlite Industries in Sensex w.e.f. August 27th
-Indiabulls Housing Finance to replace Sterlite in S&P BSE 500 Index
-BNP Arbitrage Fund sold 6 lakh shares of MCX at Rs 282.7/share
-Reliance Industries to raise USD 1.75 billion Overseas, to use USD 1.2 billion to refinance a 5 years multi currency facility: Reports
-IOC to invest Rs 8000 crore in Koyali refinery expansion: Reports
-Tech Mahindra looks to transfer 3 Satyam SEZs: Reports
-ONGC to save USD 700 million capex by sharing RIL's KG-D6 infra: ET
-Jaypee Cap plans to sell 15 percent in NCDEX for Rs 132 crore: ET
-IL&FS Transport plans to raise around Rs 500 crore via preferential share sale
-Apollo Tyres in 3-year branding pact with Manchester United football club
-Commerce Minister asks Russia to revoke ban on Indian rice exports