Stocks in news: Chettinad Cement, GMR, Suzlon, DRL

Here are stocks that are in news today:

Listing Today: Bharti Infratel
-Issue Price Rs 220/share (grey market discount Rs 3-4)
-Retail investor allotted at Rs 210/share
-Raises Rs 4118 crore from IPO (biggest IPO since Coal India in October 2010)
Subscription details
-Overall subscribed 1.3 times
-QIB: 2.84 times
-NII: 0.29 times
-Retail Investors: 0.19 times

Tata Steel MD says
-Overall performance of steel sector is optimistic
-Domestic steel growth demand to be about 5.5 percent in FY13
-Total demand in FY13 expected to be 75 mt versus 71 mt (YoY)
-Demand in FY14 expected to be at around 7 percent
-Reforms announced by government to give a fillip to economic growth
-Expect a modest 2.5 percent growth in Europe this fiscal
-Expect RBI to cut interest rates in January policy
-Expect India to be second largest crude steel producer in 2 years

RIL says
-No agreement has been done to buy Hotel Leela's biz park
Alert
-Reports suggested Reliance Industries to buy Leela's biz park for 4G operations

Also Read - Market watch: Cues that will impact Nifty today

Tata Sons pledges 1.1 crore shares of Tata Motors
-Tata Sons pledges 1.5 crore shares of TCS
-Tata Sons pledges 1 crore shares of Tata Steel

Other stocks and sectors that are in news today:
-GMR Group has walked out of the 555km Ahmedabad Highway: FE
-Maruti considering setting up its first overseas assembly plant in Africa as it seeks to revive exports: Agencies
-ICICI Bank to raise Rs 2500 crore by issuing 10-year lower Tier II bonds: DNA
-Suzlon lenders to discuss CDR package today: FE
-Bristol Myers sues Dr Reddy’s Labs for patent infringement over cancer drug Ixempra
-L&T Hydrocarbon wins Rs 781 crore contract for ONGC platforms
-Power Ministry says Coal India should be penalized for not supplying coal as per commitment
-Union Bank of India board approves raising capital via QIP/preferential issue/rights issue
-Cholamandalam board approved raising capital up to Rs 300 crore via issue of securities
-Chettinad Cements board meets today to consider delisting 
-IFCI: 52.3 crore shares issued to GOI hits market today
-Gammon India sells 5 lakh shares (4.77 percent stake) in Technofab Engineers via open market (CMP Rs 118.45/share)
-Religare Finvest to raise Rs 100 crore via NCDs, issue opens on December 31, closes on January 10
-R Systems International open offer at Rs 150.75/share, opens on January 4, closes on January 17 (CMP Rs 190/share)
-Ratan Tata retires today.
-Maharashtra Electricity distribution company could sign long term PPA with Indiabulls for 650 MW and Adani Power for 440 MW at Rs 3.42/unit and 3.28/unit: TOI
-CCI has approves merger of Dewan Housing two arms DHFL Holdings and First Blue Home Finance with parent company: PTI

SEBI seeks clarification on Diageo offer to United Spirits
-United Breweries has sold 2 lakh shares (1.4 percent stake) of McDowell Holding due to invocation of pledge created by the lender

Government sources say
-Meet to ensure Sasan UMPP gets coal on priority over others
-To draft modalities framework for diverting excess coal soon
-Will not revisit EGoM's decision on Sasan coal blocks
Alert
-EGoM had allowed Reliance Power to divert excess coal from Sasan
-Power and coal ministries officials met today to discuss Sasan project

EGoM on telecom likely to meet in second half of next week: PTI
-EGoM to discuss auction plan prepared by DoT