Stocks in news: Hero, Pipavav, UltraTech, SpiceJet, L&T

Fund actionHero Motocorp-Brij Mohan Lal Om Parkash sells 35.46 lakh shares at Rs 2664.01/share (promoter)-Lazard Asset Management LLC A/C Lazard Emerging Markets Port buys 15 lakh shares at Rs 2664.04/shareTitagarh Wagons-HDFC MF A/C HDFC Prudence Fund buys 2.11 lakh shares at Rs 535.58/shareMaxwell-Reliance Capital Partners sells 15 lakh shares at Rs 49.02/share-Ohm Investment Corporation buys 5 lakh shares at Rs 49.05/share-Bengal Finance & Investment Pvt Ltd buys 8.86 lakh shares at Rs 49/share

Videocon-To launch 4G service in UP, Bihar by December: PTI-Videocon invests Rs 1,200 crore on 4G services in UP, Bihar over 3 years: PTI

Cairn India lays off 250 staff to keep costs under check: SourcesCairn India says-Fall in crude oil prices have impacted oil & gas space-Working on resource optimisation

BAE to CNBC-TV18-Made an offer to government on M777 HowitzersAlert: BAE is a British Defence, Security & Aerospace Company-Defence ministry to take final call on offer on Howitzer programme-Will partner with 40 SMEs if M777 is approved

Airbus to CNBC-TV18-Company to invest in India with or without Make In India-Have made bid for Avro programme jointly with Tata-Willing to make aircraft in India for Avro replacement-Up to government to take call on Avro replacement-Have complied to all conditions in Avro RFP-Interested in the upcoming army, navy helicopter contracts-Developing indigenous maritime surveillance platforms-In talks with L&T for developing radars-Proposed company will be owned by L&T

MBDA to CNBC-TV18-Government should think of higher FDI caps in defenceAlert: MBDA is UK Headquartered Missile Developer, Manufacturer-Higher FDI caps will give comfort to foreign companies-In discussions with Indian companies on potential JVs

Sukhoi Civil Aircraft to CNBC-TV18-Have strong interest in Indian civilian aircraft market-Company looking at Tier-I & Tier-II suppliers from India-In talks with airline operators to sell passenger aircraft

Tata Steel says-Selected for key sections of London crossrail project-Started deliveries to Crossrail project

Government-Approves 11 FDI proposals worth Rs 1075.91 crore-Recommends Aurobindo Pharma, Glenmark FDI plans to CCEA

CCI clears SpiceJet's proposed deal with Ajay Singh-Nod clears way for at least Rs 400 crore investment from Singh into SpiceJet-Ajay Singh expected to invest Rs 1,500 crore into SpiceJetCCI on SpiceJet-Approves Ajay Singh's proposal to acquire majority stake-Company intimated about approval, formal order to followAjay Singh says-Got intimation from CCI clearing revival plan-Will infuse money into SpiceJet by February 24-There will be a transfer of shares from Marans to myself-Expect Marans to transfer shares in a day or two-Fall within purview of clauses which exempt us from open offer-2nd tranche of money to come by March-end as planned-Do not want to comment on who partners are-Recent sales have boosted SpiceJet's confidence-Things stabilising at SpiceJet now, see very few cancellations-1st tranche of money by next week, 2nd tranche by March-end-Final tranche of money to come into SpiceJet by April-end-SpiceJet to operate Boeing & Bombardier fleet till summer

Cabinet clears subsidy for raw sugar exports-CCEA fixes subsidy at Rs 4000/tonne for sugar season FY15ISMA says-There is surplus sugar of around 2.5 million tonne and therefore the industry will require incentives for another 1-1.5 million tonne

Coal block e-auctions: Bids for Bicharpur coal block closes at Rs 3,003/tonneAlert: Forward bidding for Bicharpur coal block began at Rs 1,485/tonne-UltraTech Cement wins Bicharpur coal block at Rs 3,003/tonne

Other stocks and sectors that are in news today:-CCEA approves development of 4/6 laning of Raipur-Bilaspur section of national highway in Chhatisgarh-Apollo Tyres appoints Deutsche Bank head of legal as its new chief legal counsel: ET-IndusInd Bank to raise up to Rs 2,000 crore through long-term infrastructure bonds and subordinated non-convertible debentures/bonds private placement basis: ET-Deccan Chronicle: Court on Thursday reserved its order for Saturday in a petition by the CBI seeking the custody of DCHL promoters: BS-Emco: For making a private placement offer / issue of 24,39,025 equity shares to identified entity belonging to promoter group-Hindustan Copper shareholders approved to raise the borrowing limit of the company upto Rs 800 crore-Future Consumer Enterprises: Sublime Foods becomes subsidiary of the company, Future Consumer Enterprises has made investment by way of subscription to the equity shares and have been allotted 51 percent stake-Balasore Alloys: Acquisition of business unit of Rohit Ferro Tech as a going concern on a slump sale basis-Pradeep Metals: Intimation of sanction letter received from Union Bank of India, Hong Kong Branch with respect to ECB of USD 2.00 million to Pradeep Metals, USA, 100 percent subsidiary of the company-CMI outcome of board meeting: Allotment of 7 lakh warrants at Rs 64 per warrant, convertible into equal number of equity shares within a period of 18 months from the date of allotment, in respect of which minimum amount of 25 percent of the total consideration has been received, to the promoter group-Rolls-Royce awards contract worth over USD 19 million to TAL for manufacture & supply of precision aero engine components (TAL Manufacturing Solutions is a wholly-owned arm of Tata Motors)-Crompton Greaves: Board approves contours of consumer products business demerger-Government adds 9 blocks in schedule-III for coal block auctions-Sunil Hitech gets order worth Rs 90 crore from Kanpur Development Authority-Government says minimum export price on potatos removed w.e.f June 26, 2015-Kingfisher Airlines says accepted resignation of CEO Sanjay Aggarwal w.e.f February 14-Vedanta appoints Rajagopal Kishore Kumar as CEO for iron ore business-US authorities probe alleged forged letter from Mirach in Sahara deal: Reuters