Stocks in news: Hind Rectifier, Bosch, Power Grid, Mindtree

Essel Group:Commit To Produce 12,000 MW Of Renewable Energy To Produce Renewable Energy With Over Rs 75,000 Cr Planned Investment

Sesa SterliteCoal Block Auction: Delhi High Court Admits Sesa Sterlite Plea; Allows Relief To CoTech Panel Can Consider Sesa's Bids For 6 Blocks Alert: Sesa's Bids For 6 Blocks Were Disallowed At First Stage  Deccan Chronicle HoldingsCBI arrests two Deccan Chronicle Holdings Ltd promoters - TOIT Venkatram Reddy, chairman of DCHL, & his brother, vice chairman and MD, Vinayak Ravi Reddy, were arrested for their alleged involvement in the Rs 358 cr fraud pertaining to Canara Bank.The lenders of Deccan Chronicle are looking to recover advances made to the company and revive the hunt for a buyer to manage it – ET

Bosch/ SiemensBosch and Siemens Household Appliances plans to invest about Rs 650 cr in India to expand its factory, add an innovation centre, open own stores and launch many of its global products in a market where Europe's largest home appliances maker wants to figure among the top three players in the next decade.  – ET

RILLower-than-expected hike in natural gas prices, Canada's Niko Resources has put up for sale its stake in Reliance Industries' KG-D6 gas block citing uncertainty over long-term price outlook in India – ET

Essar OilSharjah-based Gulf Petrochem has acquired the marketing licence and retail outlets of Essar Oil in Kenya. - BSThe deal is pegged around USD 5 million.

Simplex InfrastructuresCitigroup Global Markets Mauritius Pvt ltd sells 14 lk shares at Rs 410/-Reliance Capital Builder fund  buys 5.50 lk shares at Rs 410/-Reliance Tax Saver ELSS fund buys 2.97 lk shares at Rs 410/-Reliance Equity opportunities fund buys 5.51 lk shares at Rs 410/-

Power Grid To form JV With NTPC, PFC, IREDA, PTC, GPCL For Offshore Wind PowerBoard approves investing Rs 67 cr for substation extensionsBoard approves long-term borrowings of Rs 16,000 Cr for FY16

Suzlon Energy Q3:Cons Net Loss At Rs 6,539 Cr Vs Loss Of Rs 1,075 Cr (YoY)Cons Total Income At Rs 4,977 Cr Vs Rs 5,052 Cr (YoY)Rs 5,935 Cr Provision Towards Impairment Of Goodwill

Educomp Solutions Q3:Cons Net Loss At Rs 578.1 Cr Vs Loss Of Rs 567.2 Cr (QoQ) Cons Total Income At Rs 124.6 Cr Vs Rs 130.6 Cr (QoQ)

Suzlon Energy Says Dilip Shanghvi Family & Associates (DSA) To Invest Rs 1,800 Cr In CoTo Allot 100 Cr New Shares To DSA On Preferential BasisDilip Shanghvi Family & Associates To Hold 23% In CoTanti Family To Hold 24% Stake In CoManagement Control To Remain With Tanti FamilyDilip Shanghvi Family & Co To Form JV For Wind Farm Development BizJV To Develop 450 MW Wind Farms DSA To Give Credit Enhancement To Lenders For Working Cap

Suzlon Energy  Board Approves Divestment Of Wholly-owned Subsidiary SE ForgeFCCBs Worth Rs 875 Cr Converted Into Equity

Dilip Shanghvi SaysInvestment In Sync With PM's Long-term Vision Of Renewable Energy MarketSuzlon Has Potential To Be Global Leader In RenewablesWill Need Sustained Effort From Management To Improve Operating Performance

PM Modi Says Want To Move Forward In ManufacturingIndia's Talent W/Global Cos' Tech Will Create 'Miracles'Maha CM Says He Will Reduce Permissions For Setting Up IndWant To Tell Global Cos: 'Your Progress Is Tied To Ours'Maha Cut Approvals Needed To Set Up Hospitality Ind To 20Maha Plans To Further Reduce Permissions For HospitalityIndia Has Huge Potential To Develop Shipping,Ship Building

GE Vice Chairman SaysConfident About Phase 1 Of Chakan PlantTo Invest Around $60-70 m In Phase 2 Of Chakan Mfg PlantTotal Invst In Phase 1, 2 Of Chakan Plant Seen At USD 200 mCurrently 50% Of Chakan Plant Output Is To Be ExportedWork Done In Pune Exceeded ExpectationsWork At Chakan Perfect Example Of Make In India PossibilitiesChakan Phase 2 Incremental Invst Will Be 50% Of Phase 1Have Room For Expansion Of Pune FacilityLooking At Additional Invst Opportunities In IndiaHappy With US-India Dialogues On Nuclear DealNuclear Must Be Part Of India's Power Generation FutureWant To Move Forward & Bid For Nuclear Projects In IndiaOpen To Forming JVs To Bid For Defence DealsWould Like To See A Higher Price For Gas In IndiaHigher Gas Price In India To Attract InvestorsSee Opportunities In India's Wind Power SectorLooking To Participate In Smart Cities' InitiativeExpect Ease Of Doing Biz To Continue To Improve In IndiaWant Regulations Streamlined & Tax Codes Simplified In IndiaIndia An Important Market For GE's Infra BusinessExpect India To Become One Of GE's Top 5 Markets SoonTime For Infra Projects In India To Move ForwardWant To Commit Several $100 m Towards Rail ModernisationLook Fwd To Rail Modernisation Announcements In Budget

PM Modi Says Want To Move Forward In ManufacturingIndia To Play Imp Role To Make 21st Century That Of AsiaIndia's Talent W/Global Cos' Tech Will Create 'Miracles'Maha CM Says He Will Reduce Permissions For Setting Up IndWant To Tell Global Cos: 'Your Progress Is Tied To Ours'Maha Cut Approvals Needed To Set Up Hospitality Ind To 20Maha Plans To Further Reduce Permissions For HospitalityIndia Has Huge Potential To Develop Shipping,Ship Building

HDFC Bank Q3:Net Profit At Rs 2,794.5 Cr Vs Rs 2,325.7 Cr (YoY) NII At Rs 5,700 Cr Vs Rs 4,634.8 Cr (YoY) Gross NPA Flat At 1% (QoQ)Gross NPA At Rs 3,467.9 Cr Vs Rs 3,361.7 Cr (QoQ)Net NPA Flat At 0.3% (QoQ) Net NPA At Rs 903.7 Cr Vs Rs 917.3 Cr (QoQ)Provisions At Rs 560.4 Cr Vs Rs 455.9 Cr(QoQ),Rs 388.8 Cr(YoY)Net Interest Margin At 4.4% Vs 4.5% (QoQ)Other Income At Rs 2,534.9 Cr Vs Rs 2,148.3 Cr (YoY)Capital Adequacy Ratio Flat At 15.7% (QoQ)

HDFC Bank Says Advances Up 17% At Rs 3.47 Lk Cr (YoY)Total Deposits Up 18.6% At Rs 4.14 Lk Cr (YoY)Asset Quality Has Remained Largely StableRaised Rs 9,766 Cr Via ADR & QIP IssuancesRetail Biz Grew By 19%, Wholesale Grew By 14.3% In Q3Neither Funds Nor Capital Were A Constraint For GrowthCredit Growth To Be Linked To Eco Growth Further Pick-up In Bk's Growth Will Depend On GDP GrowthWill Continue To Grow Ahead Of IndustrySaw A Pick-up In Retail Growth This QuarterDon't See A Very Visible Pick- Up In Credit Growth YetCV Segment Saw Marginal Sequential GrowthDisbursements Pick-up Fairly Healthy In Q3Restructured Loans Down To 0.1% From 0.2%Expect Deposit Rates To Come OffWill Recalibrate Deposit Rates Between Now & MarchCost Of Funds Not Changed Much Over Last YearBullish On Lending To Bankable Infra ProjectsRemain Cautious In Lending To Infrastructure In General

Other stocks and sectors in the newsMindtree completes acquisition of discoverture solutions YES Bank to Enter Asset Management Business in FY16- BST ROWE PRICE INTERNATIONAL DISCOVERY FUND SELLS 13.29 LK SHARES of Infinite Computer at Rs 154.12/-

Disclosure: Network 18, which publishes moneycontrol.com, is now part of the Reliance Group.