Stocks in news: Mcleod Russel, Shasun Pharma, Advanta India

Here are stocks that are in news today:

Prashant Bhushan had filed PIL on Cairn India at SC on February 27, 2012
PIL on Cairn deal
-Asks ONGC to exercise right of preemption over Cairn share sale
-Probe why ONGC & Government did not exercise legal right
-Direct CBI to probe authority abuse by Oil Ministry & ONGC
-To probe illegal extension of exploration time by Cairn
-Direct CAG to quantify loss from royalty paid by ONGC pre-deal
-Government gave up own rights & allowed oil resources transfer
-Government nod violates article 14 & 21 of constitution
-Decisions conferred huge sum to private operators
-Decision comes under sec 13 (1) (d) (ii) (iii) of PCA
-Requires criminal probe by CBI to fix accountability
-Royalty payment loss at Rs 1,150 cr in one quarter alone
-Not asserting ROFR for 41% equity led to loss of Rs 1 lakh cr
-Huge sum lost due to exploration period extension
-Declare Cairn-Vedanta deal void

Government sources say
-MoHI writes to PMO on Scooters India sale
-MoHI asks PMO to review Scooters India divestment decision
-MoHI asks PMO to consider restructuring of Scooters India
-Scooters India soughts about Rs 200 crore for restructuring

Sun's Taro buyout plan
Raging Cap says
-Taro board should immediately reject Sun's acquisition proposal
-Board