Stocks in news: RIL, Wipro, SpiceJet, Rel Cap, BoB, IOC

Punj Lloyd-Temasek, the Singapore government's investment company that has USD 223 billion in assets, is set to acquire a stake of about 18 percent for nearly Rs 700 crore in Global Health, which owns, manages and operates Medanta hospital in Gurgaon outside Delhi-Singapore-backed investor in advanced discussions with Punj Lloyd, one of the founding promoters of Medanta-Deal is expected to be announced early this week-Punj Lloyd will use the money raised, if the deal goes through, to help repay some of its debt of about Rs 6,000 crore: ET

Bharti Airtel-Airtel Business, the enterprise services arm of Bharti Airtel, is targeting a major slice of the Rs 400-500 crore video collaboration market-Company plan to offer tele-presence room or space for high-end video conferencing mainly to banking and financial services, IT and IT-enabled services industry and small and medium enterprises: ET

Tata Motors-Next from Nano factory to take on Maruti Alto: BS-Code-Named Pelican, bigger hatchback with new petrol and diesel engines may hit the road next year

Vimal Oil & Foods-Board meeting on January 29-To acquire the target business of Gujarat Spices and Oilseeds Growers Co-operative Union Limited on a slum sale basis

NTPC-Company signs a term loan agreement for Rs 10000 crore with SBI-Loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of NTPC

Fund ActionMahindra CIE-India Value Fund III – A sells 22.2 lakh shares at Rs 227/shareValecha Engineering-Valecha Investments sells 3.35 lakh shares at Rs 105/shareSterling Holidays-Blue Ocean Investment Trust sells 10 lakh shares at Rs 220/shareParsvnath Developer-ITF Mauritius buys 12 lakh shares at Rs 18/share

Ministry of State aviation to CNBC-TV18-May exempt SpiceJet from making open offer-To exempt from open offer if allowed under federal structure-To give open offer waiver if it's in industry's interest-Want aviation companies to pass on ATF price cut to customers-Rs 1,500 crore infusion sufficient to save SpiceJet-Don't want aviation industry to lose credibility-Willing to assist SpiceJet as per law-Will quickly clear SpiceJet’s proposal if government dues cleared

SpiceJet: Sources-Ministry may give clearance to revival plan this week-Found no financial irregularities in due diligence as of now-No decision yet on phasing out Bombardier Q400 fleet

Government hikes excise duty on diesel, petrol by Rs 2/litre-Oil marketing companies' (OMCs - IOC, HPCL, BPCL) over-recovery on petrol & diesel at Rs 5/litre post excise hike: SourcesGovernment-Hikes excise duty on unbranded petrol by Rs 2/litre to Rs 8.95/litre-Hikes excise duty on branded petrol by Rs 2/litre to Rs 10.10/litre-Hikes excise duty on unbranded diesel by Rs 2/litre to Rs 7.96/litre-Hikes excise duty on branded diesel by Rs 2/litre to Rs 10.25/litre-Oil marketing companies cut petrol price by Rs 2.42/litre-Oil marketing companies cut diesel price by Rs 2.25/litre

Government sources-Government to mop up Rs 4,000 crore from latest excise hike-Government will cut excise duties if crude prices move up

Finance ministry seeks cabinet nod for 10 percent stake sale in MOIL: Sources-Finance ministry seeks cabinet nod for 5 percent stake sale in Dredging Corp-Finance ministry may seek cabinet nod on NMDC, NALCO, BHEL stake sales-Government may divest up to 10 percent stake in NMDC, NALCO, BHEL each

Gateway Distriparks says-Blackstone GPV Capital asks for IPO of Gateway Rail Freight-Will respond to request from Blackstone in due course

Other stocks and sectors that are in news today:-Adani Enterprises board approves proposal to divest its holding of 70.8 crore shares in MEGPTCL to Adani Transmission, a wholly owned subsidiary of company-Jet Airways has roped in former Air India official KM Unni to head its operations: DNA-Reliance Capital eyes Goldman MF biz in India: Mint-Telecom stocks in focus: Telecom Commission's meeting to discuss issues related to national optical fiber project and is also likely to take up pricing issues-Goa Carbon resumes operations at Bilaspur unit from January 15-Eicher Motors has appointed Rudratej Singh as president of Royal Enfield: ET-Bank of Baroda and Corporation Bank: Stock split from Rs 10 to Rs 2 - Ex-Date January 22-TVS Motor launches Special Edition TVS Jupiter on January 17, 2015-IMP Powers proposes issue of equity shares on preferential basis to promoter and promoter group-Piramal Enterprises has acquired US-based Coldstream Laboratories for USD 30.6 million in an all-cash transaction-3i Infotech has allotted 3 lakh equity shares on January 16 against conversion of the FCCBs-CARE reaffirms credit ratings of Anant Raj as 'CARE BBB+ for the long term bank facilities of Rs 951.32 crore & outstanding non convertible debentures (NCDs) issue of Rs 150 crore which had been issued by company on private placement basis-Allahabad Bank has successfully raised Basel-III compliant Tier 2 Bonds aggregating to Rs 500 crore through private placement-Circuit filter revision: Escorts Finance from 10 percent to 5 percent-Delhi High Court to hear JSPL plea in coal allocation case on January 20-HSIL signs distribution agreement with Atlantic International of France-Dewan Housing Finance (outcome of board meeting) to issue of securities via QIP to raise Rs 1000 crore

V-Guard Industries Q3-Net profit at Rs 9.2 crore versus Rs 17.5 crore (YoY)-Net sales at Rs 390 crore versus Rs 350 crore (YoY)

Unichem Labs Q3-Net profit at Rs 2.1 crore versus Rs 74.2 crore (YoY)-Net sales at Rs 262.9 crore versus Rs 263 crore (YoY)

M&M Financial Services Q3-Consolidated net profit at Rs 156.8 crore versus Rs 182.4 crore (YoY)-Consolidated total income at Rs 1,511.8 crore versus Rs 1,358.6 crore (YoY)

Oberoi Realty Q3-Consolidated net profit at Rs 79.2 crore versus Rs 70.5 crore (QoQ)-Consolidated total income at Rs 217 crore versus Rs 186 crore (QoQ)-Consolidated EBITDA at Rs 127 crore versus Rs 112 crore (QoQ)-Consolidated operating margin at 58.3 percent versus 60.3 percent (QoQ)

Wipro Q3-IT services revenue at Rs 11,344 crore versus Rs 10,923 crore (QoQ)-IT services dollar revenue at USD 1795.4 million versus USD 1771.5 million (QoQ)-IT services dollar revenue at USD 1795.4 million, Up 1.3 percent (QoQ)-IT services EBIT at Rs 2,470 crore versus Rs 2,402.3 crore (QoQ)-IT services EBIT margin at 21.8 percent versus 22 percent (QoQ)-Wipro to pay interim dividend of Rs 5/shareWipro says-Expect Q4 IT services dollar revenue in range of USD 1814-1850 million-Q4FY15 guidance implies 1-3 percent revenue growth-CFO Suresh Senapaty announces retirement w.e.f. April 1-Jatin Dalal to succeed Suresh Senapaty as CFO w.e.f. April 1Wipro says (in a press conference)-Added 44 new customers in Q3 in IT services segment-Won 10 deals in digital space in Q3-One area of caution is oil & gas industry-Expect plunge in crude prices to impact capex in near-term-Expect plunge in crude prices to impact discretionary spends-Will continue to spend more in training & development-Remain focussed on building digital story going ahead-Continue to see strong deal momentum-See growth driven by retail & manufacturing-Growth led by healthcare & life sciences-Seen a broad-based growth across geographiesWipro boardroom on CNBC-TV18-Q3 has been a good quarter w.r.t. volumes & guidance-Oil & gas industry is volatile due to fall in crude prices-Company has performed well in every space but oil & gas-Factored a decline in energy & utility business in Q3-Q3 has been in a narrow range of Q2 performance-Revenue will continue to be lumpy in the coming quarters-Attrition rate improving, see it reducing in coming quarters-Attrition numbers have been in narrow band in past 3 quarters-Feel there is headspace to improve utilisation further-See growth driven by retail & manufacturing segments-See some level of biz coming in from services segment-Lot of positive momentum in the Middle East-North America business has seen 11 percent growth

Reliance Industries Q3-Consolidated net profit at Rs 5,256 crore versus Rs 5,972 crore (QoQ)-Consolidated net sales at Rs 93,528 crore versus Rs 1.09 lakh crore (QoQ)-GRM at USD 7.30/barrel versus USD 8.30/barrel (QoQ)-Consolidated petchem EBIT Rs 2,064 crore versus Rs 2,361 crore (QoQ)-Consolidated petchem EBIT margin flat at 9 percent (QoQ)-Consolidated refining EBIT at Rs 3,267 crore versus Rs 3,844 crore (QoQ)-Consolidated refining EBIT margin at 4 percent versus 3.7 percent (QoQ)-Consolidated oil & gas EBIT at Rs 832 crore versus Rs 818 crore (QoQ)-Consolidated oil & gas EBIT margin at 29 percent versus 27 percent (QoQ)-Standalone net profit at Rs 5,085 crore versus Rs 5,742 crore (QoQ)-Standalone net sales at Rs 80,196 crore versus Rs 96,486 crore (QoQ)-Standalone EBITDA at Rs 7,208 crore versus Rs 8,235 crore (QoQ)-Standalone EBITDA margin at 9 percent versus 8.5 percent (QoQ)-Standalone petchem EBIT at Rs 2,197 crore versus Rs 2,403 crore (QoQ)-Standalone refining EBIT at Rs 3,199 crore versus Rs 3,788 crore (QoQ)-Standalone oil & gas EBIT at Rs 267 crore versus Rs 332 crore (QoQ)-Standalone other income at Rs 2,402 crore versus Rs 2,140 crore (QoQ)-Standalone petchem EBIT margin flat at 10 percent (QoQ)-Standalone refining EBIT margin at 4.4 percent versus 4.1 percent (QoQ)-Standalone Oil & Gas EBIT margin at 20 percent versus 24 percent (QoQ)Reliance Industries says-Cash & cash equivalents as on December 31 at Rs 78,691 crore-KG-D6 field produced 0.5 million barrels of crude oil in Q3-KG-D6 Field Produced 38.5 bcf of natural gas in Q3-Shale Gas biz witnessed macro headwinds during Q3 due to commodity price fall-Overall capex for Shale gas biz in Q3 was at USD 264 million-Will sign PSC with Myanmar oil & gas w.r.t Myanmar blocks in Q4-Panna-Mukta fields produced 1.8 million barrels of crude oil, down 12 percent (YoY)-Panna-Mukta fields produced 18.5 bcf of natural gas in Q3, up 8 percent (YoY)-Jamnagar refineries processed 17.7 mmt of crude at average utilisation of 114 percent-Outstanding debt at Rs 1.5 lakh crore as on December 31 versus Rs 1.39 lakh crore on March 31

Disclosure: Reliance Industries has acquired management control of Network18, which owns TV18 Broadcast and moneycontrol.com