Stocks in news: United Spirits, Firstsource, Hero Motocorp

Here are stocks that are in news today:

Results Today: M&M, Asian Paints, NALCO, Kotak Mahindra Bank, Adani Enterprises, OBC, KPIT Cummins, Trent, Ipca Labs, Novartis India, Nava Bharat Ventures, Delta Corp, Ajanta Pharma, Bajaj Electricals, Dwarikesh Sugars, Fresenius Kabi, Akzo India, Oil Country Tub, Automobile Corp, Granules India, Sasken Comm, Think Soft, HEG, Flex Foods, Ahmednagar Forgings, Soma Textiles, KCP

United Spirits (USL)-Diageo deal stuck over issues related to management control: Sources
-Diageo seeks to buy management control, majority stake from USL
-UB Group keen on retaining board seats; chairmanship for Mallya
-Competition issues related to Whyte & Mackay not resolved
-UK regulator not given nod to extend time to cut W&M stake

Cabinet reshuffle on October 28 or 29 
-To induct new faces
-Several MPs close to Rahul Gandhi likely to be inducted

Stock-Split
-Goenka Diamond from Rs 10 to Re 1
-Amrutanjan Health from Rs 10 to Rs 2
-Dhenu Buildcon Infra from Rs 10 to Re 1

Other stocks and sectors that are in news today:
-Kingfisher Airlines (KFA) Delhi engineers refused 3 month’s salary offer and asked to pay March-June salary on or before October 26
-Cabinet meet today evening: NMDC stake sale, land regulator bill on the agenda
-Ministry exempts Reliance Industries (RIL) from Comptroller and Auditor General's (CAG) performance audit, approves KG D6 output plan: Reports
-Sanjiv Goenka (RPG group) leads race to acquire Firstsource Solutions: BS
-LIC Housing Finance to raise Rs 500 crore via QIB
-Banks may drag NBFCs of car companies to CCI for alleged unfair trades: ET -GVK to cut stake in Aussie coal mine to 51% from 79%: FE
-Maruti to restart production of Pixo from its Manesar plant: ET (Pixo is contract - manufactured by Maruti for Nissan, to provide major boost company's export)
-Orbit Corporation in talks to sell stakes in four projects: ET
-Sugar mills oppose Centre’s levy sugar allocation process: FE
-Ministerial Panel relaxes spectrum sharing rules: ET
-Rajat Gupta sentenced to 24 months in prison; USD 5 million fine for insider trading

Sterlite Industries Q2 (cr - crore, vs - versus)
-Consolidated net profit at Rs.1743 cr vs Rs 998 cr (YoY)
-Consolidated net sales at Rs.11,029 cr vs Rs.10,135 cr (YoY)
-Forex gain of Rs.219 cr
-Power sales from 2400 MW at Jharsuguda up 53%
-Tc/Rc (Usc/lb) at 11.3

Hero MotoCorp Q2
-Net profit at Rs.440.5 cr vs Rs.603.6 cr (YoY)
-Income from operations at Rs.5,151 cr vs Rs.5,829.3 cr (YoY)
-EBITDA margin at 13.86% vs 15.7% (yoy)
-Two-wheeler sales at 13.3 lakh vs 15.4 lakh units (YoY)
-Global foray brand 'Hero' launches in Sri Lanka, Nepal
-Onset of festive season 'encouraging'
-Retail sales of over 2 lakh units in Navratras

JP Power Ventures Q2 YoY
-Net profit at Rs.366 cr vs Rs.280.6 cr
-Net sales at Rs.895.4 cr vs Rs.640.4 cr

Indiabulls Real Estate Q2 YoY
-Consolidated net profit at Rs.32.2 cr vs Rs.39.4 cr
-Consolidated net sales at Rs.340.3 cr vs Rs.331.4 cr

SKF India Q3 YoY
-Net profit at Rs.45.2 cr vs Rs.55.7 cr
-Net sales at Rs.533.7 cr vs Rs.600 cr

Andhra Pradesh Paper Mills Q3 YoY
-Net profit at Rs.7.5 cr vs loss of Rs.93 cr
-Net sales at Rs.239 cr vs Rs.203 cr

Thirumalai Chemicals Q2 YoY
-Net profit at Rs.8.4 cr vs Rs.75 lakh
-Net sales at Rs.295 cr Vs Rs.202.2 cr

Premier Q2 YoY
-Net profit at Rs.8 cr Vs Rs.4.2 cr
-Net sales at Rs.71.2 cr Vs Rs.70.7 cr

Indiabulls Wholesale Services Q2 YoY
-Net profit at Rs.8 cr Vs Rs.1.1 cr
-Net sales at Rs.41 cr Vs Rs.19.6 cr