Stocks in news: L&T, Amtek, Elder, C&C Const, Orient Green

Hinduja Ventures-To enter into business of distribution of set top boxes for HITS Projects-Distribution of boxes likely to be on cash & carry basis

VLCC Health Care-Files for IPO including fresh issue of up to Rs 400 crore-Some existing shareholders to also sell shares in IPO-ICICI Securities, Citigroup Global & Axis Capital are running lead managers for IPO

RBI releases draft framework for external commercial borrowings-Draft to give liberal dispensation for long-term borrow in foreign currency-Seeks feedback on draft ECB framework by October 11-Proposed framework to retain existing basic structure for forex borrowings-List of recognised lenders to include companies with long-term interest in India-To announce framework for issuance of rupee denominated bonds overseas soon-Overseas regulated financial entities, insurance & pension funds included as recognised lenders-Participation of Indian banks as ECB lenders subject to prudential norms issued by RBI-Minimum average maturity of loans to be 3 years for ECB up to USD 50 million-Minimum average maturity of loans to be 5 years for ECB above USD 50 million-Refinancing of existing ECB with a fresh ECB with higher all-in-cost now permitted-Framework for issuance of rupee denominated bonds overseas to be issued separately

Bosch to CNBC-TV18-Supply components to automaker’s specifications; Volkswagen (VW) is no different-VW responsible for calibrating, integrating components into system-Responsibility for configuring handling characteristics also lies with VW-VW has been a customer for decades, especially for powertrain components-Supplied common-rail injection system, delivery & metering module to VW models named in reports-Develop injection & exhaust-gas treatment systems that reduce emissions in every driving situation

Balmer Lawrie-To invest Rs 400 crore in its logistics infra business in next 2-3 years-To set up multi-modal logistics hub at Vizag-To set-up temperature-controlled warehouses at different locations-To undertake revival of JV company Transafe Services

Other stocks and sectors that are in news today:-L&T plans township in Bengaluru to monetise land parcel: ET-Orient Green Power raises Rs 250 crore through preferential issue to promoters-Aban Offshore plans to shed debt by 10 percent every year: BS-PFC eyes Rs 700 crore via tax free bonds-Power Grid board approves investment proposal worth Rs 133.71 crore-Airport Authority of India to expand Chennai airport & set up ATC Tower at Kolkata with Rs 1,400 crore investment: PTI-Elder Pharma to consider proposal for sale of step down overseas arms on September 28-Maruti Suzuki says sales of auto gear shift technology vehicles cross 50,000 units-C&C Construction gets order worth USD 141.28 million in Oman-Gammon Infra seeks shareholder nod for divestment of investments in subsidiaries-AK Srinivasan takes over as director (finance) of ONGC-RBI proposes allowing REITs & InvITs to raise rupee-denominated funds offshore-Cairn Energy PLC moves International Court for appointment of arbitrator: PTI sources-Forward Markets Commission says Universal Commodity Exchange MD & CEO Praveen Pillai not 'fit & proper' to run any bourse-Manappuram Finance, CEO settle insider trading case with SEBI; pay Rs 43 lakh as settlement fee-IRB Infra to set up Infra Investment Fund by March-NBCC pays Rs 59.4 crore dividend to the Government of India-Coal India OFS: Government extends bid submission date for merchant bankers till October 14-Cadila Health sets October 7 as record date for stock split-REC inks 2 MoUs with Andhra utilities to provide Rs 9,000 crore loan-Skipper plans to set up 3 PVC pipe facilities in NCR, Telangana & North East-Shriram Equipment Finance to amalgamate with Shriram Transport Finance-Hotel Leela gets shareholder nod to raise Rs 1,000 crore through issue of securities-Glenmark launches Teneligliptin in Pune (oral anti-diabetic agent, used for diabetes mellitus management)-Mylan gets US FDA nod for Tranexamic acid (treats or prevent excessive blood loss during surgery)