Stocks in news: Bharti, Apollo Tyres, Thomas Cook, Hathway

Here are stocks that are in news today:

Pharma companies in focus-Products worth USD 600 million may be divested due to Teva–Allergen deal-Dr Reddy’s Labs, Sun Pharma, Cipla, Strides Arcolab among those who may likely bid for these products: ET

Apollo Tyres-Closes € 300 million financing for its plant in Hungary-Total investment for Hungary project to be € 475 million-First product from Hungary plant to roll out in early 2017

Bharti Airtel-Signs agreement to acquire 100 percent stake in Augere Wireless Broadband-Upon acquisition Augere will become a wholly-owned unit of company-Augere holds 20 MHz of BWA spectrum in Madhya Pradesh & Chhattisgarh circles

ONGC-Submits draft field development plan for KG discoveries-Submits plan for beginning oil & gas production from KG-D5 block by 2018-19: PTI

Shriram EPC-To allot 78 lakh shares to CDR lenders on conversion of FITL (funded interest term loan) on preferential basis-To allot 58.5 lakh shares to CDR lenders on conversion of sacrifice amount

Government Official says-Cabinet approves 4-month extension for 7th pay commission-Cabinet approves 100 percent equity stake in BOT road projects after 2 years of completion

RBI-Removes Hathway Cable from the ban list for FII investment-FIIs/RFPIs investment cap in Hathway Cable hiked to up to 74 percent from 49 percent

5 Coal India trade unions to support September 2 nationwide strike call: PTIAlert: 11 central trade unions have called for nationwide strike on labour issues

Competition Appellate Tribunal rules in favour of Thomas Cook in appeal against CCI orderAlert: Competition Commission of India fined Thomas Cook & Sterling Holidays Rs 1 crore for not notifying market purchaseAlert: Thomas Cook purchased Sterling Holidays’ shares prior to acquisition of company

Circuit filter revision-Shreyas Shipping - 10 percent from 20 percent-Zen Technologies - 5 percent from 10 percent

Fund ActionGujarat Pipavav-Kotak Mahindra Int bought 81 lakh shares at Rs 188/share-Credit Suisse sold 81.4 lakh shares at Rs 188/shareJBF Industries-Cresta Fund Sold 4 lakh shares at Rs 194.7/sharePower Mech Projects-Motilal Oswal Focused 25 bought 1.35 lakh shares at Rs 648.7/shareRadico Khaitan-Morgan Stanley Asia bought 14.6 lakh shares at Rs 89.66/share-Bajaj Allianz sold 15 lakh shares at Rs 89.66/share

Monsanto says-Company no longer pursuing current proposal for Syngenta combination-New proposal increased the cash component of proposed transaction to CHF 245/Share-Communicated a revised proposal on August 18 to Syngenta to combine the two companies-The proposal increased the reverse break-up fee to USD 3 billion-Syngenta said company’s enhanced proposal did not meet Syngenta's financial expectations-Will continue to focus on growth opportunities built on its existing core business

PM Narendra Modi pushes for wide ranging public consultation on 5/20 rule: Sources-Any decision on 5/20 rule only after wide ranging public consultations-PM reviewed a presentation on draft aviation policy last night-All three options on 5/20 rule remain open-Options including removal of 5/20 rule, keeping in present form & replacing with domestic flying credits (DFCs) rule-DFCs require companies to operate to remote areas to become eligible to fly internationalAlert: Federation of Indian Airlines wrote to PM against removal of 5/20 ruleAlert: Federation of Indian Airlines headed by IndiGo's Rahul BhatiaAlert: Federation of Indian Airlines claims removal of 5/20 against level playing field

Other stocks and sectors that are in news today:-Tata Steel shuts Wales plant, cuts jobs-Schneider Electric launches suite of integrated smart home solutions, eyes smart cities-NTPC seeks tripartite pact renewal to ensure payments: FE-UltraTech Cement eyeing Jaypee’s plant in Chhattisgarh: FE-Dr Reddy’s Labs rejigs top deck as North America head quits-Power Grid seeks to raise Rs 14,000 crore-Navkar IPO update: Overall subscription 2.76x, QIB 7x, retail 1.4x & non-institutional 0.65x-Government to consider 7 new SEZ proposals today-Odisha government hopeful of next round of high-level talks on POSCO issue-CCI rejects complaint against DLF w.r.t. project DLF Capital Greens