Stocks in news: Cairn, Wipro, ING Vysya, SKS, Lanco, SBI

Here are stocks that are in news today:

Results today: Hero Motocorp, ACC, Amubuja Cements, Emami, Jet Airways, L&T Finance Holdings, Power Grid, SKS MIcrofinance, Raymond, Dish TV, Exide Industries, Escorts, Hindustan Zinc, Autoline Industries, Firstsource Solutions, Indiabulls Housing Finance, Onward Technologies, Piramal Enterprises, Ramco Industries, Ramco Systems, TTK Healthcare

MCX board meet
-Jignesh Shah wants to continue on MCX board
-Jignesh Shah seeks more time to step down from board
-Board agrees to give Jignesh Shah time till FMC's decision
-MCX board to wait for FMC's decision on 'fit & proper'
-FMC gives 2 more weeks to reply to show cause notice
-Sets up 5-member oversight committee chaired by Pravin Vohra
-Amends Articles of Association (AoA) to remove permanent director from MCX board as per FMC direction
-Sets up search committee for new MD headed by PK Singhal, current deputy MD of MCX
-Search committee given 1 month to appoint new MD

5-member oversight committee with chairperson Pravir Vohra: Sources
-Union Bank's KN Reghunathan appointed as shareholder director
-Corporation Bank's P Paramasivam appointed as shareholder director
-Bank Of Baroda's Sanjay Agarwal appointed as shareholder director
-Former SEBI member G Anantharaman appointed as independent director
-Pravir Vohra appointed as independent director

Economic Offences Wing (EOW) arrests NK Proteins MD Nilesh Patel
Alert: Nilesh Patel is son-in-law of former NSEL chairman Shankarlal Guru
Mumbai EOW:
-Nilesh Patel to be produced before Magistrate Court on Wednesday
-Will seek policy custody for Nilesh Patel
Alert: NK Proteins one of the largest borrowers; exposure at Rs 930 crore

Banking secretary says
-Additional capital infusion in PSU banks by March
-Extra capital infusion in PSBs to be based on performance

Government
-September fuel sales up 1.6 percent at 11.90 mt (YoY)
-September diesel sales down 0.5 percent, petrol sales up 0.4 percent (YoY)

Atul says
-Maharashtra Pollution Control Board (MPCB) directs company to stop manufacturing at Tarapur unit
-Requested MPCB to revoke closure notice
-MPCB notice not to impact operations/profitability of company

Other stocks and sectors that are in news today:
-SBI chairperson will take decision on QIP within a month
-US court turns down Apollo Tyres plea for Cooper Tire suit dismissal: Agencies
-RIL likely to rope in Tata Motors' HR Chief: ET
-MMTC, STC to front-end Iran exports: ET
-Bajaj Auto to launch 100 cc bike, 2 more discover bikes, company plans to close gap with Hero Motocorp: ET
-Lanco Infratech yet to pay staff 3-4 months salary: ET
-Vascon Engineers sells entire stake in Zenith Ventures

Wipro Q2:
-IT services revenue at USD 1,631.1 million versus USD 1,588.3 million (QoQ)
-Rupee revenue at Rs 10,992 crore versus Rs 8,936 crore (QoQ)
-EBIT at Rs 2,264 crore versus Rs 1,785 crore (QoQ)
-EBIT margin at 22.5 percent versus 20 percent (QoQ)
-IT services added 45 new customers in quarter
-Wipro Q3 guidance: Expect IT services revenue in range of USD 1660-USD 1690 million
-Wipro says won large multi-year contract from leading US Bank

Azim Premji says:
-There are positive indicators on the global economy
-Client confidence on uptick & see it reflected in results

Wipro says:
-Integrated our capabilities consulting, applications & analytics
-Investing in many initiatives to drive productivity
-Strategy to focus on top 125 accounts yielding results
-'Strategy to work on front-end & back-end worked well for us'
-Remain focussed on driving strategy forward
-Crossed revenue of Rs 10,900 crore for the first time
-IT products grew by 20 percent (YoY)
-Expect growth of 1.75 percent-2.75 percent in Q3
-Won 1 large multi-year deal in KPO space
-Added 45 new clients in Q2
-IT products' profitability hit by rupee depreciation in Q2
-Healthcare, life-sciences operations drove Q2 growth
-Net headcount down due to change in hiring model
-Communication providers still spending on IT
                                      
ING Vysya Bank Q2:
-Net profit at Rs 176 crore versus Rs 150.2 crore (YoY)
-NII at Rs 440 crore versus Rs 369 crore (YoY)
-Gross NPA at 1.72 percent versus 1.75 percent (QoQ)
-Net NPA flat at 0.19 percent (QoQ)
-NIM at 3.46 percent versus 3.45 percent (YoY), versus 3.60 percent (QoQ)
-Provision coverage ratio at 89.1 percent as on September 30
-Capital adequacy ratio (Basel III) at 16.75 percent versus 12.59 percent (QoQ)
-Provisions at Rs 18.1 crore versus Rs 68 crore (QoQ), versus Rs 6.38 crore (YoY)

Cairn India Q2:
-Consolidated net profit at Rs 3,385 crore versus Rs 3,127 crore (QoQ)
-Adjusted PAT at Rs 3,094 crore versus Rs 2,445 crore (QoQ)
-Consolidated total income at Rs 4,650 crore versus Rs 4,063 crore (QoQ)
-Consolidated EBITDA at Rs 3,482 crore versus Rs 2,910 crore (QoQ)
-Consolidated OPM at 74.9 percent versus 71.6 percent (QoQ)
-Consolidated other income at Rs 111 crore versus Rs 222.6 crore (QoQ) -Consolidated forex gain at Rs 429.2 crore versus gain of Rs 682 crore (QoQ)
-Cairn India announces dividend of Rs 6 per equity share
-Cairn India says will achieve FY14 exit gross production of over 2.25 lakh BOEPD

SKF India Q2:
-Net profit at Rs 46.5 crore versus Rs 45.3 crore (YoY)
-Net sales at Rs 566 crore versus Rs 533.6 crore (YoY)

V-Guard Industries Q2:
-Net profit at Rs 14.5 crore versus Rs 18 crore (YoY)
-Net sales at Rs 331.2 crore versus Rs 312 crore (YoY)

Gujarat Fluorochemicals Q2
-Consolidated net profit at Rs 56 crore versus Rs 139.1 crore (YoY)
-Consolidated net sales at Rs 694.8 crore versus Rs 644.2 crore (YoY)

KPIT Technologies Q2
-Consolidated net profit at Rs 66.7 crore versus Rs 60 crore (QoQ)
-Consolidated net sales at Rs 702.7 crore versus Rs 613.2 crore (QoQ) 
                            
Eros International Media Q2:
-Consolidated net profit at Rs 37 crore versus Rs 26.1 crore (YoY)
-Consolidated net sales at Rs 201 crore versus Rs 229.3 crore (YoY)