Stocks in news: ONGC, ICICI, Crompton, HZL, Punj Lloyd

Bharti Enterprises: Akhil Gupta says-Supply will lead broadband growth-Need spectrum at a reasonable price-Government shouldn't create artificial spectrum scarcity-Need to develop trust between government, operators & regulator

TRAI Chairman: Rahul Khullar says-In the process of finalising broadband policy recommendations-Need to involve state governments, universities for e-Gov growth-To conduct open house discussion on 2100 MHz auction on Monday-Merely laying down optical fiber will not ensure broadband penetration-For broadband growth, need content that rural customers want-Achieving 100 percent broadband penetration by 2017 is impractical-e-Governance curriculum cannot be created by Centre; must involve states-Need increased availability of spectrum-No chance of getting licences extended; telecom companies will have to participate in auction

SEBI-Passes order of civil imprisonment against Vinod Hingorani-Order imprisonment for maximum 6 months against Vinod HingoraniAlert: SEBI order against Hingorani w.r.t. Adam Comsof, Kolar Biotech case-Vinod Hingorani needs to pay dues of Rs 1.64 crore-Declares Hingorani defaulter due to fraudulent activities

Former SpiceJet promoter Ajay Singh in talks with aviation ministry: Sources-Potential investors have paid some money to run flights today-Airline has taken Rs 100 crore only from City Union Bank-Airline has no exposure to other banks-Almost all dues of oil companies clearedAlert: SpiceJet had dues of Rs 14 cr till Thursday-Company has promised Rs 120 crore in fresh bank guarantees to AAIAlert: Total dues to AAI stand at about Rs 200 crore-Remaining about Rs 82 crore already covered by bank guarantees

Aviation Minister Pusapati Ashok Gajapathi Raju on SpiceJet-Airline is trying to address the funding concerns-Airline to take ATF at normal rate but with 30-day credit-Things have improved for company between Wednesday and Thursday-SpiceJet had oil dues worth Rs 17 crore 2 days back-Only 1 SpiceJet flight got cancelled on Thursday-Airline informed government company likely to get investor soon-No fares regulated as of now-Seek worldwide data on fare regulation before deciding

Punj Lloyd says-FIPB gave approval on December 15 to manufacture defence items-FPI investment in company capped at 32.99 percent of paid-up capital

Divestment secretary Aradhana Johri says-All options open for divestment plan FY15-Hindustan Zinc, ONGC, Coal India on divestment radar for FY15-Keenly watching market for share sales

Tree House Education-Declares closure of QIP, issue price at Rs 440/Share-Issue price at 3.42 percent discount on floor price of Rs 455.58/Share-To allot 45.45 lakh shares to QIBs via QIP issue

HDFC Bank says-Got shareholders' nod to issue long-term bonds/NCDs on private placement basis-Got shareholder nod to appoint Shyamala Gopinath as part-time non-executive chairperson

Other stocks and sectors that are in news today:-ICICI Bank is calibrating its global ambitions — selling its subsidiary in Russia, repatriating capital from its UK & Canada arm: BS-Gujarat High Court ruling gives Rs 1000 cr VAT relief to ONGC-Reliance Communications disagrees with top 3 telecommunication companies on 3G bandwidth pricing: ET-State Bank of Travancore board meets today to consider the bank's rights issue-Essel Propack allotment of NCDs with Face Value at Rs 10 Lakh each aggregating to Rs 90 crore on private placement basis  -SAT to continue hearing DLF versus SEBI case today-Balaji Telefilms joins Indus Media to enter the American Television Market-Himachal Fibers board approved sub-division of each equity share of Rs 10 each into equity shares of Re 1 each-NTPC board meeting on December 23 to consider a proposal for issuing bonus debentures to its members-Terrain Fashions says board approved raising funds up to Rs 75 crore-RBI says FIIs/RFPIs can now invest up to 49 percent in Tree House Education-RBI says FIIs/RFPIs can now invest up to 100 percent in Crompton Greaves