Stocks in news: Ranbaxy, Dena Bank, Eveready, Axis Bank

Here are stocks that are in news today:

FTSE rebalance today
-HDFC, M&M Financial, Divis Labs and Indiabulls Real Estate will see buying

Tata-Singapore Airlines joint venture (JV):
-JV formed to establish new airline in India
-JV applied for Foreign Investment Promotion Board (FIPB) approval to set up new airline in India
-New airline will be based out of New Delhi
-New airline will operate under full service model
-Tata Sons to hold 51 percent stake; Singapore Airlines to hold 49 percent
-Chairman of new airline will be Prasad Menon
-Tata Sons nominates chairman of new airline
-Initial board of new airline will have three members
-Two board members nominated by Tata Sons, one by Singapore Airlines
-Board to include Mukund Rajan, Mak Swee Wah and Prasad Menon
-Tata Sons to continue with Airasia JV
-Airasia India to be a low cost carrier
-JV not to compete with Airasia India

Singapore Airlines says:
-Strong believer in India’s aviation sector
-Excited about opportunity to partner Tata Sons
-Joint venture airline to help stimulating market demand

Aviation Minister Ajit Singh:
-'Tata Sons informed me of applying for FIPB nod'
-Aviation rules do not mention if a company can own two airlines

On CNBC-TV18 Kapil Kaul says:
-Tatas should not have problem in holding stake in two airlines
-Tatas have limited role in Airasia India

FIPB:
-Clears proposals of HCL Technologies and Axis Bank to up FII investment limit
-Clears HCL Tech's proposal to up FII investment limit
-Okay’s Axis Bank's proposal to up FII Investment limit to 62 percent from 49 percent

FIPB clears Shanta Biotech's FDI proposal worth Rs 755 crore: Sources
Alert: Sanofi will now hold 100 percent stake in Shanta Biotech

CNBC-TV18 Exclusive: Finance ministry sources say:
-Will begin divestment agenda with markets doing well
-Indian Oil investor meets to begin next month
-Indian Oil, Engineers India issues before December 15
-Decision on if Coal India will be divestment or buyback contingent on resolution of strike

Tata Steel:
-Announces new leadership structure
-Appoints TV Narendran as MD- Designate, India & SE Asia
-Appoints Koushik Chatterjee as Group Executive Director (Finance & Corporate)
-New appointments effective from November 1
-TV Narendran to succeed HM Nerurkar as MD- India, SE Asia

Religare Enterprises:
-Promoters cut stake in company by 6.13 percent
-New Horizon Fund, CB Green Ventures buy promoters' stake
Alert: Promoters cut stake in company to meet RBI guidelines for banking license

Eveready:
-Ups pencil size battery price by Rs 5 per strip of 10 batteries
-Ups D size battery price by Rs 10 per box of 20 batteries

Other stocks and sectors that are in news today:
-Fresh trouble for Ranbaxy, US Plant under FDA lens: Reports
-Suit against Jaiprakash Associates-UltraTech Cement deal, Gujarat HC orders
-Dena Bank, Vijaya Bank to be excluded from F&O Contracts from November 29
-Promoter Essar Energy ups Essar Oil stake to 19.8 percent versus 15.5 percent on September 17
-Reliance Communications President CS Rao re-elected as AUSPI President
-CBI verifying facts in NSEL case: PTI sources
-Crown Capital buys 4.74 percent stake in SKS Microfinance

Cabinet Committee on Economic Affairs (CCEA) to mull setting up of 9 mtpa HPCL refinery in Barmer: CNBC-TV18 exclusive
CCEA meet likely today:
-HPCL Barmer refinery to be set up as JV with Rajasthan government
-CCEA to mull continuation of power cluster development scheme
-CCEA to consider continuation of Silk board schemes
-CCEA to give final nod to four laning of NH37 from Numaligarh to Dibrugarh

RBI on banks:
-Relaxes norms for opening branches in Tier-1 Centres
-Must open 25 percent of branches in unbanked Tier V, VI areas
-Branches in Tier I cities cannot exceed Tier II-VI
-To incentivise banks for opening branches in unbanked areas