Stocks in news: Dabur, REI, Vedanta, Opto, Mastek, CEAT

Poly Medicure Q2-Net profit down 53.8 percent at Rs 12.6 crore versus Rs 27.3 crore (YoY)-Total income up 5.1 percent at Rs 100.5 crore versus Rs 95.6 crore (YoY)

Thermax Q2-Net profit down 24.7 percent at Rs 64.8 crore (YoY)-Total income down 8.7 percent at Rs 1,056.5 crore (YoY)-EBITDA down 18.6 percent at Rs 100 crore (YoY)-EBITDA margin at 9.4 percent versus 10.6 percent (YoY)-Thermax says had an order backlog of Rs 4,006 crore as on September 30

Supreme Petrochem Q2-Net loss at Rs 24.7 crore versus profit of Rs 10.7 crore (YoY)

Tata Communications Q2-Consolidated net profit at Rs 6 crore versus loss of Rs 33.9 crore (QoQ)-Consolidated total income down 1 percent at Rs 5,154.3 crore (QoQ)-Consolidated EBITDA up 4.6 percent at Rs 796 crore (QoQ)-Consolidated EBITDA margin at 15.4 percent versus 14.6 percent (QoQ)

Nucleus Software Q2-Consolidated net profit at Rs 4.5 crore versus Rs 6.8 crore (QoQ)-Consolidated total income at Rs 84.7 crore versus Rs 84.8 crore (QoQ)

CEAT Q2-Consolidated net profit up 30.5 percent at Rs 107.4 crore versus Rs 82.3 crore (YoY)-Consolidated total income down 2 percent at Rs 1,409.4 crore versus Rs 1,437.8 crore (YoY)-Consolidated EBITDA up 14.7 percent at Rs 202 crore versus Rs 176 crore (YoY)-Consolidated EBITDA margin at 14.3 percent versus 12.3 percent (YoY)

ABG, Pipavav and L&T await Ministry of Defence call on Rs 20,000 crore warship deal: ET-Ministry of Defence to decide if these yards have the financial and technical capabilities

CBI-Registers case against REI Agro for causing an alleged loss to banks-Case against REI Agro for causing an alleged loss of Rs 3,814 crore to banks-Conducts searches at 11 places w.r.t. REI Agro case-CBI registered case against REI Agro after complaint registered by UCO BankAlert: UCO Bank was the lead banker to consortium of 14 PSU banks

Raymond says-Strike at Chhindwara textile plant has been fully called off-Chhindwara textile plant resuming its normal operations

Bharti Airtel & Eaton Towers conclude tower sale agreement in Burkina FasoBharti Airtel says-Eaton Towers acquired 2,500 towers from company in 4 African countries-Have committed to a 10-year tenancy contract to Eaton in 4 countries-Have now concluded sale of 9,000 towers in 8 African countries

Cellular Operators Association of India & Association of Unified Telecom Service Providers of India (AUSPI) write to TRAI on call drop compensation: Sources-Telecom companies (Telcos) urge TRAI to withdraw order on call drop compensation

Telcos to TRAI-Annual call drop compensation may range from Rs 10,000-54,000 crore-Compensation may result in closure of networks/increase in tariff-Telcos say TRAI order on call drops grossly unjust-TRAI order on call drops will hit consumers & companies-Telcos send 5 point letter ahead of meeting with TRAI chairmanAlert: Telcos to meet TRAI chief on October 29-Licence agreement doesn't mandate telcos of 100 percent coverage in all LSAs-Compensation can't be provided for call drops in non-coverage areas-TRAI test limited to Mumbai, Delhi; can't guarantee results to entire country-Matrix w.r.t signal strength not in conformity to that of Department of Telecom (DoT)-Order stated no reasoning for setting aside telcos' suggestions

Vedanta CEO Tom Albanese says-Not considering plan to sweeten offer to Cairn minority shareholders currently-Buy out of minority investors in Cairn could be put before shareholders by January-No direct interaction with Indian government 'in recent past' w.r.t Hindustan Zinc & BALCO

Axis Bank appoints Jairam Sridharan as CFO-Axis Banks says V Srinivasan appointed deputy MD

Other stocks and sectors that are in news today:-Opto Circuits US arm files for bankruptcy to facilitate debt restructuring-Moody’s revises JSW Steel’s outlook to ‘negative’ from ‘stable’-Petronet faces Rs 10,000 crore hit on costly RasGas contract: ET-Siemens arm leases 3.5 lakh square feet at Cummin India Campus in Pune for over Rs 25 crore annual rent: ET-Two TCS staff held for tampering with client reports: ET-PK Gupta appointed as MD, SBI-Gammon India to transfer part of its T&D undertaking to transrail lighting-Jubilant Life to consider proposal to raise Rs 1,300 crore via issue of securities on October 29-Mastek bags multi-year contract from National Credit Guarantee Trustee Co-Deepak Nitrite bags annual contract to supply an agro intermediate to Bayer Crop-Aptech enters formal K-12 school business, to open first school in Kabul, Afghanistan-BSE to drop Amtek Auto from SLB (Securities Lending & Borrowing) segment w.e.f. November 6: PTI