Stocks in news: KS Oils, Suzlon, HDIL, HCL Tech

Here are stocks that are in news today:

Prakash Constrowell IPO with a price range of 130-138/sh closes today
QIB's: 0.31 times (x)
NII's: 0.52x
RII's: 1.40x
Overall: 0.73x
RDB Rasayans IPO of 45 lakh shares with a price range of 72-79/share opens today

Pharma FDI
-Commerce minister Anand Sharma writes to PM on pharma FDI
-Anand Sharma critical of Arun Maira panel on pharma FDI
-Arun Maira is member, planning commission
-Anand Sharma points fingers at delay in Maira recommendations
-'Time has elapsed in forming panel, terms of reference'
-'Deliberations of panel are getting prolonged'
-'Meanwhile, possible takeovers of indian pharma companies'
-'Concerted attempt to blunt challenge of Indian generics'
-'Indian generics are a major challenge to MNCs'
-'Merit in concerns of Health Ministry on pharma takeovers'
-'Seeks FDI in pharma to be put on approval route'
-'Okay with 100% FDI via auto route only for greenfield'
-'Possibility of MNCs working in tandem as cartel'
-'If takeovers allowed at same, production capacity to be limited'
-'Adequate capacity does not exist public sector pharma'
-Arun Maira panel asked to promote pharma investment

Kishore Biyani on DIPP says
-New definition of group co what industry wanted
-New definition has removed doubts; is clearer
-New definition specifies permissible wholesale extent
-DIPP's new definition eases definition of group co
-Foreign wholesalers could sell only 25% to front-end group company
-No govt statement has suggested direct FDI in retail
-Never said in talks with Carrefour
-Will confirm if in talks with Carrefour after FDI allowed
-Affordable rent mantra of mall developer, retailer partnership
-Festive sales in the east showing positive trend

CBI submits report in SC against Dayanidhi Maran, Arun Shourie
Sources say
-No clean chit to Maran, no evidence against Arun Shourie
-Investigations still on against Pramod Mahajan
-Essar-Loop chargesheet delayed again

HCL Tech: Sources
-HCL Tech likely to have bagged part of Deutsche Bank IT contract
-Deal for IMS, managed services, application development
-Deal likely to be around USD 300 million over 5 years
-Part of Deutsche Bank deal awarded to TCS
HCL Tech says
-Cannot comment on market speculation

Lupin gets US FDA approval for Oral Contraceptive Norethindrone
-To start shipping generic Norethindrone to US shortly

Other stocks and sectors that are in news today:
-KS Oils sale may hit a hurdle as accounting issues & a loss of around Rs 400 crore deters buyers (ET)
-Future Group in talks for a JV with Japanese based Convenience Store Chain. Japanese company to invest Rs 3000 crore in first tranche (ET)
-HDIL to sell Virar Land to raise Rs 650 crore & repay its debt; company has put 5 million sqft of land of the block & already sold 1 million sqft to local developer (ET)
-Welspun Infra buys 50% in a Rs 400 crore project developed by ARSS Infra in Orissa (ET)
-Kerala to take back 85 acre land back from Suzlon, govt says the company encroached on people's land (BS)
-TPG, Shriram Group could split Vishal Retail partnership on Shriram group's inability to infuse more money (FE)
-NTPC to use spare land to cross acquisition hurdle (FE)
-Voltas leads race to buy Wipro's water business
-Australian based Legacy Iron Ore approves NMDC bid for acquiring a majority stake for around Rs 158 crore (Mint)
-Monsoon sinks Coal India output hopes as production to remain flat due to excessive rains in eastern India; hopeful of 5% growth (DNA)
-Mundra Project may cause Tata Power a Rs 500 crore loss on Indonesia's decision to benchmark its coal to international prices (DNA)
-L&T set to partner Hindustan Shipyard for ship building (BS)
-Ex Date: Bajaj Hindusthan Rights Issue in the ratio of 2:1 at premium Rs 36/sh ((CMP: 46.95))
-F&O ban: ABG Shipyard, Gitanjali Gems
-Govt says lifts ban on onion exports