Stocks in news: EIL, Essar Oil, Areva, Alok Ind, Sun Pharma

Here are stocks that are in news today:

Results today: DCB, VST Industries, GRUH Finance

Sun Pharma- Merck deal
-Sun Pharma, Merck's India unit announce generic drug's pact
-Merck, Sun Pharma in JV to make, market generic drugs

Merck says
-JV with Sun Pharma to develop, manufacturing, sell generic drugs in EMs
-Sun Pharma is one of the fastest growing companies in EMs

Sun Pharma says
-Will sell branded generic drugs in EMs
-Merck will complement company with clinical development & registration
-Company and Merck subsidiaries will also be part of JV

Tata Chemical
-Acquires 25.1% in Gabon-based fertilizer unit
-To invest USD 290 million; to use USD 82 million from preferential allotment to Tata Sons
-To sell investments worth USD 68 million; USD 140 million via debt

Siemens open offer update
-Nearly 11.6% equity tendered so far in Siemens open offer: Sources
-Siemens voluntary open offer to hike stake to 75% from 55.3%
-Siemens open offer for 6.7 cr shares at Rs 930 per share; offer size Rs 6200 crore
-DSP Blackrock, HDFC Standard Life, SBI MF, Bajaj Allianz, Vanguard tender shares: Sources
-LIC, GIC & UTI yet to tender; LIC owns 13%
-Siemens open offer closes today

Cairn-Vedanta - CNBC-TV18 Exclusive: Sources
-GoM on Cairn-Vedanta deal to be notified shortly
-GoM on Cairn-Vedanta deal to meet this week
-GoM to submit report in 2 weeks on Cairn-Vedanta deal

Alstom Global says :
-Areva T&D will be split into 2 separate listed entities
-Areva T&D restructuring process underway
-Not looking to merge Areva T&D voltage biz W/Alstom India

Essar Oil: boardroom
-Markets improved last quarter due to West Asian & Japan Development
-Margins driven by growth in oil demand globally
-Expect margins to continue at current levels
-Refinery expansion plan on track, overall expansion progress at 86%
-Confident of achieving expansion targets
-Expect USD 4-5 jump in GRMs post expansion

Other stocks and sectors that are in news today:
-Oil stocks in focus, big correction in crude. Brent prices down to USD 120/barrel
-Infinite Computer board approves buyback of max 9.99% equity at Rs 230/share (CMP: Rs 188)
-Tata Power