Stocks in news: Bharti, DCHL, RIL, Kingfisher, Axis Bank

Here are stocks that are in news today:

Results Today: Reliance Industries (RIL), Axis Bank, CMC, GMDC, Geojit BNP, Navin Fluorine, Lakshmi Machine, Sabero Organics, Rane Madras

Disinvestment Secretary Haleem Khan says
-To revisit decision on RINL IPO in 2-3 months
-Started process for divesting stake in NMDC
-Stake sale in several PSUs in pipeline
-Trying for Hindustan Copper, Nalco stake sale by November
-Oil India divestment likely in November
-Confident of achieving FY13 divestment target
-Suggested offer for sale (OFS) mode for Neyveli Lignite stake sale
-RINL issue won't have bearing on divestment process
-Setting up of exchange traded fund (ETF) for PSU shares to take time
-In process of appointing advisors for PSU share ETF
-Hopeful of BHEL stake sale by March
-NTPC stake sale to be biggest issue in FY13

Directorate General of Civil Aviation (DGCA) says
-No communication from Kingfisher Airlines (KFA) since show cause notice
-Will decide on future course of action after October 20
-KFA needs to reply to DGCA's show cause notice by October 20

KFA extends lockout till October 20
KFA says hopes to resume operations from October 21

KFA to employees
-Will like to bring closure to current situation
-KFA invites employees for talks with UB group

Talks to be held today
-KFA says 1 representative from each division called for meeting

GMR says
-GHIAL has filed 4 cheque bounce cases against KFA
-Court has issued non-bailable warrant versus KFA and Vijay Mallya
-Would not like to comment further at this stage

iGate Q3
-Revenue at USD 271.1 million versus USD 268 million (QoQ)
-Gross margin at 38.9% versus 37.4% (QoQ)
-Net income at USD 28.3 million versus USD 12.7 million (QoQ)

Other stocks and sectors that are in news today:
-Government clears 40 oil and gas exploration blocks: TOI (Companies include RIL, ONGC and Cairn India)
-Bharti may merge India and Africa operations by mid 2013: ET
-Loans to Deccan Chronicle (DCHL) under finance ministry scanner: ET
-MTNL and BSNL ask government to pay Rs 11000 crore for 1 time payment of additional spectrum: BS
-Everest Kanto redeems Rs 265 crore foreign currency convertible bonds (FCCBs): BS
-RIL cuts investment in KG D6 block oil fields by USD 3 billion: BS
-TV18 Broadcast rights issue closes today
-Orissa Mineral Corporation opposes revoking Sterlite mining license: ET
-Deccan Chargers terminated, BCCI floats tender for new team
-Religare Finvest cuts stake in Tulip Telecom by 2.9% to 11.6% (selling pledge shares)