Stocks in news: Tata Steel, IOC, SpiceJet, Polaris, NHPC

Here are stocks that are in news today:

Results Today - Exide, TTK Prestige, CMC, Oberoi Realty, Advanta India, Reliance Industrial Infrastructure Reliance Industries (RIL) to CNBC-TV18:
-Welcome Rangarajan Gas formula, but with apprehension
-USD 8 billion of new investments possible subject to gas price viability
-USD 4 billion new investments in KG-D6 subject to gas price viability
-USD 3 billion new investments in NEC25 subject to viability
-USD 1 billion new investments in CBM gas subject to viability
-GoI moved towards market price, but not sufficiently
-Rangarajan formula does not capture market price Neyveli Lignite (NLC) divestment (CMP Rs 58.5)
-Tamil Nadu CM appoints team to discuss modalities of divestment
Tamil Nadu CM on NLC divestment:
-Total quantum of divestment to be carried out is discussed
-Further discussion on NLC divestment to be held today
 
Kalindee Rail (CMP Rs 72.5)
-Board approves allotment of 41 lakh shares to Texmaco Rail on preferential basis
-Post allotment shareholding of Texmaco approximately at 24.90 percent
-Allotment at Rs 65/share
-Total outstanding number of shares at 1.24 crore
-Preferential allotment to avoid hostile takeover bid from Jupiter Metals
-Jupiter had announced voluntary open offer of 26 percent at Rs 65/share Other stocks and sectors that are in news today:
-Petrol prices hiked by Rs 1.55/litre (IOC, BPCL, HPCL in focus)
-Tata Steel European arm hit by 1.2 billion pound loss – Agencies
-Crompton Greaves says not to start buyback on July 15 due to SEBI observations
-Zuari weighs option to manage Mangalore Chemicals' operations with Vijay Mallya – ET
-Tech Mahindra may buy Polaris' IT Services biz – BS
-NHPC may buy into stalled private hydro projects – BS
-SKIL Infra to sell non-core assets worth Rs 750 crore, rejig management – BS
-Panel raps ICICI Bank over farm loans – BS
-Shriram Transport Finance NCD issue opens on July 16, closes on July 29, to raise Rs 750 crore
-Kuwait Airways enters fray to buy stake in Spicejet: VC Circle
-Glenmark Pharma confirms patent challenge for VIPMAT Generic version in US
-Sadbhav Engineering gets orders worth Rs 183.6 crore from Gujarat government
-Shasun Pharma and Sequent Scientific in JV for animal health products
-Colgate Palmolive to close Morristown, New Jersey plant; to cut 350 jobs: agencies
-Bombay HC: HDIL vs MAIL hearing likely today
-Delhi HC: Merck-Glenmark Januvia patent case’s next hearing likely today
-cipla: expected operative date of Medpro merger scheme today 
-Bombay HC to hear La-Fin versus IL&FS case (over the buyback agreement involving MCX-SX shares)
-Central Bank to cut base rate by 25 bps to 10 percent today
-Food Security Scheme to be rolled out on August 20 Yes Bank's Rana Kapoor writes to RBI seeking declassification of Madhu kapoor as non-promoter
-Rana Kapoor says Madhu Kapoor does not hold management/board position Rana Kapoor’s request part of the dilution plan submitted to RBI in 2012: Sources Bombay HC to hear petition filed by Madhu Kapoor today
Yes Bank sources say
-Fears 'Rival Corporate hands' behind board related issues
-Mulls approaching RBI and CCI on board issue
-To engage bank's legal team to chart out course of action
-To seek legal advice post hearing in Bombay HC
-Management fears 'level of aggression' detrimental
-'RBI regulations preclude possibility of hostility' Next hearing in case filed by Bajaj Auto against workers likely today
Bajaj Auto crisis:
Labour commissioner, union and management meeting ends
Meeting between management, union and commissioner ends inconclusive
Labour minister to summon Bajaj management this week
Bajaj Auto says: Labour commissioner has not served show cause notice to company
               
Ex-Dividend
JSW Steel – Rs 10/share
Tata Steel – Rs 8/share
Piramal Enterprises – Rs 17.50/share
Tata Invest – Rs 16/share IIP Data:
-May IIP at -1.6 percent versus 1.9 percent (MoM)
-May IIP at -1.6 percent Vs CNBC-TV18 poll of 1.5 percent
Alert: April IIP revised to 1.9 percent vs 2.3 percent earlier
-May IIP at -1.6 percent:
-Manufacturing sector growth at -2.0 percent Vs 2.8 percent (MoM)
-Electricity sector growth at 6.2 percent Vs 0.7 percent (MoM)
-Mining sector growth at -5.7 percent Vs -3 percent (MoM)
-Basic Goods growth at -0.4 percent Vs 1.3 percent (MoM)
-Capital Goods growth at -2.7 percent Vs 1 percent (MoM)
-Intermediate goods growth at 1.5 percent Vs 2.4 percent (MoM)
-Consumer goods growth at -4 percent Vs 2.8 percent (MoM)
-Consumer durables growth at -10.4 percent Vs -8.3 percent (MoM)
CPI Data:
-June CPI food inflation at 11.84 percent Vs 10.65 percent (MoM)
-June CPI inflation at 9.87 percent Vs 9.31 percent (MoM)
-June CPI urban inflation rate at 10.13 percent Vs 9.65 percent (MoM)
-June CPI rural inflation rate at 9.63 percent Vs 8.98 percent (MoM)