Stocks in news: Bharti, HDFC Bank, Amtek Auto, SpiceJet

Reliance Communications-Plans to raise funds by issuing US dollar-denominated debt instruments to refinance USD 255 million of overseas loans-Proceeds will be used to repay existing foreign currency debt to avail of longer maturity redemption period

Cox & Kings-Has raised Rs 1000 crore through its qualified institutional placement (QIP): Mint-Shares were sold at Rs 305/share and 90 percent of it was lapped up by foreign institutional investors

MSCI Semi Annual Index review-All changes effective from November 25MSCI India Index-2 additions and 4 deletions-Deletions – HDFC Bank, Jaiprakash Associates, Reliance Capital and Reliance Power (JP Associates and Reliance Capital shifted to Small cap index)-Additions – Motherson Sumi and Zee EntertainmentMSCI Small Cap index-44 additions and 8 deletions-Additions – Aban Offshore, Atul, Balkrishna Industries, Ceat, Federal Bank, Jubilant Foodworks, NCC, Symphony etc-Deletions – Ess Dee Aluminium, Lanco Infratech, Radico Khaitan, SE Investments etc

Ministry of States Finance says:-Expect to implement Goods & Services Tax from April 1, 2016-Need to work out revenue neutral rates for states

American Tower Corporation, Bharti Airtel in agreement for sale of Nigeria Tower PortfolioAlert: Bharti Airtel’s Nigeria portfolio has 4,800 towersAmerican Tower Corporation says-Company, Bharti Airtel expect to close acquisition in H1 of 2015-Bharti Airtel to be anchor tenant on portfolio under an initial 10-year lease-American Tower Corporation says deal with Airtel expected to be worth approximately USD 1.05 billion

Ashok Leyland says-Hinduja Tech becomes a subsidiary of company-To unlock value, HTL roped in strategic investor to subscribe to equity share capital of company-Company’s holding in Hinduja Tech now stands at 68 percent

SEBI seeks trade data for ING Vysya Bank shares prior to Kotak Mahindra Bank deal: Sources to PTI-SEBI seeks details to check if any unusual trading activities took place-SEBI seeks details to check if any trades violated of market regulations

SEBI says-To align norms between foreign portfolio investors (FPIs) and offshore derivative instruments (ODIs)-Foreign investors will only issue ODIs to those who meet select criteria under new FPI rules

Ceat to launch qualified institutional placement (QIP) issue today: Sources-Ceat planning to raise Rs 350-400 crore via QIP-Ceat QIP floor price range at Rs 890-905/share-JM Financial and Standard Chartered Bankers for Ceat QIPCeat-Board approves opening of QIP issue-Floor price for QIP set at Rs 930.53/share-May offer a discount up to 5 percent on floor price in share sale to institutional investors

Incom Tax Department recovers Rs 140 crore from Central Board of Direct Taxes (CBDT) raids at Sahara officesAlert: CBDT had conducted raids at Sahara offices in Delhi and NCR

Tata Motors Mayank Pareek says-Expect auto industry growth to be around 5 percent this fiscal-Not seeing growth from first time buyer-Demand for Zest higher than supply-Delivered 10,000 units of Zest till date-6-month waiting seen on AMT version-Currently have order book of 6,000 units of Zest-60 percent of Zest sales coming from petrol version-Diesel regulation will not lead to substantial shift in petrol diesel mix-Company to focus on customer segmentation-Driving penetration in rural markets-Company’s rural market coverage at 30 percent-Company’s market share in rural market at 16 percent

Other stocks and sectors that are in news today:-Tata Coffee board meets today to consider the proposal of stock split of the company's equity shares-Aurobindo Pharma board meets today to consider raising of funds through issue of securities-Ahmednagar Forging issuance of non-convertible preference shares upto Rs 300 crore subject to approval of shareholders in the forthcoming AGM-Abbott India: Mylan-Abbott deal gets Competition Commission of India (CCI) green signal-Greenply Industries is undergoing de-merger with effect from November 26, 2014, which necessitates its exclusion from the index w.e.f tomorrow-SpiceJet in talks with investors about raising fresh capital which company need to return to profitability-Motilal Oswal Real Estate arm exits two projects: 1 sold to Godrej Properties in Bengaluru and other in Xrbia Developers in Mumbai Metropolitan Region: ET-RBI says FIIs/RFPIs can now invest up to 45 percent in Ceat-Prime Minister's Office (PMO) asks tax department to find more ways to bring back black money: PTI

Amtek Auto Q4-Net profit at Rs 74.4 crore versus Rs 52.3 crore (YoY)-Total income at Rs 1,042.2 crore versus Rs 784 crore (YoY)Amtek Auto says-To acquire 2 Europe-based, 1 South East Asia-based auto and non-auto component company-To acquire companies via Singapore-based wholly owned arm-Acquiring companies have 6 mfg facilities across Europe, South East Asia

Amtek India Q2-Net profit at Rs 61.8 crore versus Rs 55.1 crore (YoY)-Total income at Rs 803.7 crore versus Rs 597.3 crore (YoY)

Fund actionTV Today-Reliance Capital sells 15 lakh shares at Rs 196/share-Derive Investments buys 13 lakh shares at Rs 196/shareJK Tyre and Industries-Merrill Lynch Capital Markets Espana buys 2 lakh shares at Rs 536/sharePonni Sugars-ITF Mauritius sells 3.45 lakh shares at Rs 156.50/share-Orange Mauritius Investments buys 3.45 lakh shares at Rs 156.50/share