Stocks in news: Infosys, Bharti, IOC, Kaveri Seed, Petronet

Reliance Communications-Raises USD 300 million through offshore bonds at coupon of 6.5 percent: ET-Company may choose Gujarat to roll out its 4G services

Tyre companies in focus-Chinese dumping hurts Indian tyre companies: BS-Chinese tyre imports grew 31 percent at Rs 613 crore in 2014

HIL Q4-Net profit at Rs 12.8 crore versus Rs 3.2 crore (YoY)-Net sales at Rs 273.4 crore versus Rs 237.4 crore (YoY)

Kirloskar Brothers Q4-Net profit at Rs 36 crore versus Rs 15.2 crore (YoY)-Total income up 11.6 percent at Rs 544.5 crore versus Rs 488 crore (YoY)

Intellect Design Q4-Revenue at Rs 160 crore versus Rs 159.2 crore (QoQ)-Net loss at Rs 29.6 crore versus loss of Rs 16.4 crore (QoQ)-Other income at Rs 2.6 crore versus Rs 10.4 crore (QoQ)

Swaraj Engines Q4-Net profit down 53.1 percent at Rs 8.2 crore versus Rs 17.5 crore (YoY)-Net sales down 34.5 percent at Rs 103.7 crore versus Rs 158.3 crore (YoY)

Geometric Q4-Consolidated net profit down 80 percent at Rs 3.3 crore versus Rs 16.4 crore (QoQ)-Consolidated revenue down 7.3 percent at Rs 268 crore versus Rs 289 crore (QoQ)

Maruti Suzuki to CNBC-TV18-Discounts offered in Q4 were very low-Discounts to be across product lines, diesel vehicles to have more discounts-Factors like foreign exchange & commodity prices drove margins-Working towards cost reduction & productivity-Trying to expand company's reach in rural areas & more towns-Celerio & Ciaz have done very well for company in FY15-Working on double digit growth to achieve volume between 10-11 percent-See huge potential in South Eastern countries, may increase our base-Don't expect demand to be too low in the rural area-Don't think diesel sales will increase for the auto sector in FY16-There will be further erosion in the share of diesel cars in total sales-Unseasonal rains have upset the rural economy-Will continue to push rural sales in FY16-Construction of the Gujarat plant is going on as per plan-Expect industry to grow between 6-8 percent as per SIAM forecast

iGate CEO says-Capgemini-iGate the largest deal in India's IT history-Chemistry was instantaneous with Capgemini-Saw double digit growth in the last one year-Company enters 2015 with a positive outlook-Great opportunity to create a new IT services model-Chemistry between Capgemini and iGate driven by management teams-Will continue to exist as independent businesses till approvals come in-Need several regulatory approvals for merger to complete-Need to beef up financial services capabilities & North America business-Capgemini acquiring expertise in North America

Government says-Received complaints against Petronet LNG-Complaint against Petronet w.r.t alleged irregularities in LNG contract execution-Petronet executed Gorgon project in Australia with Rasgas & Exxon Mobil-Findings of panel w.r.t irregularities in LNG contract being examined Government says have identified twenty four airports for domestic cargo terminals-Spain furnishes draft MoU for smart city cooperation-Spain proposes to develop Delhi as global & smart city

Infosys bags multi-year contract from UK-based retail company House Of FraserAlert: House Of Fraser was recently acquired by Sanpower Group China

Government-Sets April 30 as auction date for four dated securities of Rs 16,000 crore-Sets May 5 as settlement date for auction of four dated securities

Kwality-Signs MoU with Jharkhand government to set up project of milk & milk products-To set up project in Jharkhand with minimum investment of Rs 100 crore IOC, HPCL and BPCL in focus-Full compensation of Rs 8,600 crore to be given to oil marketing companies for Q4FY15: Sources-Rs 5,300 crore government compensation for kerosene, LPG under direct benefit transfer-Government compensation of Rs 3,300 crore for non direct benefit transfer LPG audit-Oil marketing companies to absorb losses of Rs 2,200 crore for 9MFY15-No subsidy burden for upstream companies for Q4FY15-LPG subsidy capped at Rs 18 per kg or Rs 255.60 per cylinder-Oil companies to maintain balance if under-recovery lower than Rs 18/kg-Oil companies to offset future LPG losses with money held in account-Upstream companies may pay for future LPG subsidy if prices rise significantly

MoS Aviation to CNBC-TV18-Predatory pricing should not exist & will take this to cabinet-One proposal is to have base price that can not be increase beyond a certain limit-There has been no discussion on capping fares at ministry level-Need a policy that can help the common man to pay for his airfares-Airports Economic Regulatory Authority (AERA) can regulate fares if cabinet does decide on capping air fares-to take decision on civil aviation policy & 5/20 rule in 2 weeks-SpiceJet deal between two groups; government has nothing to do with it-Ministry played no role in finding a new owner for SpiceJet-SEBI takes the call on open offers, not the ministry-SEBI wrote to ministry on exempting SpiceJet's open offer-Process underway for finalising new airports, few applications pending for new airlines-We are not an 'Air India' ministry-No proposal pending for Air India disinvestment

Vijay Mallya to CNBC-TV18-Maintain there is a contractual obligation between me & Diageo-Diageo has accepted its contractual obligations in its statement-Will discuss issues with Diageo-Absolutely no question of me resigning from United Spirits directorship

Hetal Dalal-COO, IiAS to CNBC-TV18-In 2014, Diageo voted in favour of Mallya despite wilful defaulter tag-Long protracted legal battle likely in United Spirits case-Believe that Vijay Mallya should step down-Shareholders can call EGM & vote again against Vijay Mallya-United Spirits chairmanship will be a battle between two promoters-We see the United Spirits-Mallya matter going to court-SEBI to pay an important role in this United Spirits-Mallya matter

Other stocks and sectors that are in news today:-Muthoot Finance ties up with Wiki Tech Inc to open a US-India payment corridor: BL-BSE revises circuit filter for Symphony to 10 percent & 5 percent for Zen Tech-PM Modi donates one-month salary to PM National Relief Fund, for assistance to those affected by earthquake-IOC chief Thomas Bach says India not to bid for 2024 Olympic Games as PM Modi did not propose it: PTI-Rajya Sabha passes Rail Budget for FY16-Amtek Auto acquires iron casting, forging & machinery business of Japan-based company Asahi Tec-Bajaj Finance seeks shareholders' nod to issue securities up to Rs 1,400 crore via QIP-Calcutta High Court approves merger of Mount Everest Mineral Water with Tata Global Beverage-Finance ministry to meet PSU banks today to review stalled projects-Indian Oil Corporation says have started process of commissioning 15 MMTPA Paradip refinery-Godrej Industries board to consider capitalisation of subsidiary GIL Vikhroli-RBI says FII investment limit in Kaveri Seed reaches trigger limit-Power Grid acquires Gadarwara (A) Transco & Gadarwara (B) Transmission-IVRCL allots 2.4 crore equity shares at Rs 24.39/share to CDR lenders-Shree Cement says acquisition of Jaiprakash Associates' Panipat cement unit consummated on April 27-Agri ministry says we will take action if insurance companies do not perform