Stocks in news: ITC, Mahanagar Gas, UltraTech, ABB, Jet, Bosch

KPIT Technologies - Warning-Expects revenues to drop 4 percent in Q1FY16 with a consequent drop in profitability-Expect revenues and profits to be flattish in Q2 over Q1 levels-ERP revenues drop more than anticipated

Satin Creditcare-Board approves fund raising of up to Rs 250 crore (via preferential allotment and/or QIP)-Board approves increase in foreign portfolio investment limit to 49 percent from 24 percent-Board approves acquisition of Taraansha Services as a wholly owned subsidiary via share swap

Godrej Properties-Forms 2 new funds for investment in residential projects-Forms Godrej Fund Management & Godrej Residential Investment Program Ii (Grip II)-Grip II acquires 80 percent equity in Godrej Greenview Housing, Thane

Mahindra Lifespace-To sell South Mumbai property to promoter family's family trust-Seeking shareholder's nod for transaction estimated at Rs 177 crore

Nila Infra-Promoters convert 2.25 crore warrants into shares at Rs 5 per share against current market price of Rs 12-Promoters own 59.8 percent currently

Other stocks and sectors that are in news today:-Mahanagar Gas listing today-ITC goes ex-bonus (1:2) today-Sintex Industries & NIIT Technologies to start trading in F&O today-Indian Overseas Bank and UCO Bank will be out of F&O today-Stocks to start trading on NSE - Adhunik Metaliks, Mahamaya Steel, Setco Automotive-Strides Shasun's successful completion of US FDA inspection at oral dosage facility in Bangalore-CCI investigates ABB India for unfair business ways: BS-L&T Infotech, IT arm of L&T, looking at acquisitions in Germany, France and the Nordic region: BS-NTPC registers 10 percent growth in power generation in Q1-Central Bank of India looking to raise Rs 30,000 crore by way of equity sale-HDFC, SBI Life buy 18.5 percent in IDFC Infra Debt Fund: BS-Adani Transmission raised Rs 1,000 crore via non-convertible debentures on June 30-Jet Airways in talks with banks for USD 180 million loan-Bosch board meeting for buyback today-Corporation Bank sets over-night MCLR (marginal cost of funds based lending rate) at 9 percent, 1-year at 9.55 percent-Gujarat NRE Coke allots 2.44 crore shares at Rs 11.03 per share to IDBI under corporate debt restructuring-Veerhealth Care received order from Vision Impex, Uganda for manufacturing toothpaste under brand Fresh Up-Govt considers divesting 12.03 percent stake in ITDC through OFS, bids invited by July 21 to appoint merchant bankers for ITDC stake sale-RBI issues small finance bank license to Equitas Holdings on June 30