Stocks in news: Tata Motors, HCL Tech, IOC, Elder Pharma

Here are stocks that are in news today:

Results Today: Berger Paints, Punj Lloyd, Motherson Sumi, P&G, Greaves Cotton, 3i Infotech

MCX says
-Jignesh Shah resigns as non-executive chairman
-Jignesh Shah resigns from board of company with immediate effect

NSEL issue: Economic Offences Wing (EOW) sources
-Suspicious entries found in NSEL borrowers' accounts
-Verifying statutory auditor's role in NSEL
 
FMC sources say Financial Technologies submits reply on fit & proper status yesterday

Enforcement Directorate conducts searches at offices of Mohan India, Tavis Ent: Sources
-Enforcement Directorate conducts searches in Delhi, Lucknow & Karnal offices
Alert: Mohan India agreed to arrange for Rs 771 crore as final settlement

IOC
-Cuts petrol price by Rs 1.15/litre (excluding value addded tax)
-To up diesel price by Rs 0.5/litre (excluding value addded tax)

IOC says
-Retail diesel revenue loss post price hike at Rs 9.58/litre
-Revenue loss on kerosene sale now at Rs 35.77/litre
-Revenue loss on subsidised LPG now at Rs 482.50/cylinder
-FY14 revenue loss on subsidised fuels seen at Rs 71,200 crore
-PSU companies FY14 subsidised fuel revenue loss seen at Rs 1.36 lakh crore

RBI on Tata Motors
-FII limit in company's differential voting shares hiked to 75 percent
-FII limit in company's ordinary shares unchanged at 35 percent

Other stocks and sectors that are in news today:
-Jagran Prakashan buy back at Rs 95/share
-Tata Motors plans to raise USD 500 million via ECBs: ET
-Elder Pharma defaults in Rs 262 crore interest payment on debentures: ET
-Aviation stocks in focus on aviation turbine fuel (ATF) price cut by 4.5 percent
-HCL Technologies says RBI ups FII investment limit in company from 30 percent to 49 percent
-Bank of India to issue shares worth Rs 1,000 crore to government
-SpiceJet appoints Sanjiv Kapoor as COO w.e.f. November 1
-Religare Enterprises board approves raising funds up to Rs 1,000 crore
-Future Lifestyle to appoint Chandra Toshniwal as ED, CFO from November 1
-Auto stocks in focus: Will announce monthly sales numbers for October month
-Visa Steel approves reappointment of Vishambhar Saran as chairman for 3 years w.e.f December 15

Sesa Sterlite Q2
-Net profit at Rs 2,394 crore
-Income from operations at Rs 25,166 crore

IDFC Q2
-Consolidated net profit at Rs 487 crore versus Rs 476 crore (YoY)
-Consolidated income from operations at Rs 2,145 crore versus Rs 2,037 crore (YoY)

Glenmark Pharma Q2
-Consolidated net profit at Rs 154.3 crore versus Rs 157 crore (YoY)
-Consolidated revenue at Rs 1,463 crore versus Rs 1,255 crore (YoY)
-Consolidated EBITDA at Rs 316 crore versus Rs 271 crore (YoY)
-Consolidated operating margin at 21.6 percent versus 21.6 percent (YoY)
-Consolidated other income at Rs 13.4 crore versus Rs 6.5 crore (YoY)
-Generic business revenue at Rs 710.6 crore versus Rs 580.1 crore (YoY)
-US generic business up 29.5 percent at Rs 558 crore (YoY)

Dishman Pharma Q2
-Consolidated net profit at Rs 42.3 crore versus Rs 26.6 crore (YoY)
-Consolidated net sales at Rs 353 crore versus Rs 269.3 crore (YoY)

Tube Investments Q2
-Consolidated net profit at Rs 84.8 crore versus Rs 75.7 crore (YoY)
-Consolidated net sales at Rs 2,106 crore versus Rs 1,825 crore (YoY)

Gillette India Q2
-Net profit at Rs 15 crore versus Rs 24.8 crore (YoY)
-Net sales at Rs 387.2 crore versus Rs 334.8 crore (YoY)

Magma Fincorp Q2
-Net profit at Rs 30.6 crore versus Rs 21 crore (YoY)
-Revenue at Rs 435 crore versus Rs 361 crore (YoY)

Kalpataru Power Q2
-Net profit at Rs 31 crore versus Rs 26.54 crore (YoY)
-Net sales at Rs 945.4 crore versus Rs 705.8 crore (YoY)

Future Retail Q2
-Net loss at Rs 9.86 crore versus profit of Rs 8.6 crore (YoY)
-Net sales at Rs 356 crore versus Rs 1,192 crore (YoY)

Gulf Oil Corporation Q2
-Net profit at Rs 12.4 crore versus Rs 10.6 crore (YoY)
-Net sales Rs 222 crore versus Rs 223.4 crore (YoY)

GTL Infra Q2
-Net loss at Rs 91.6 crore versus Rs 78.2 crore (YoY)
-Net income from operations at Rs 143.5 crore versus Rs 141 crore (YoY)

3M India
-Net profit at Rs 1.56 crore versus Rs 11.3 crore (YoY)
-Net sales at Rs 446.4 crore versus Rs 377.4 crore (YoY)

Rajshree Sugars Q2
-Net loss at Rs 14.6 crore versus profit of Rs 13.2 crore (YoY)
-Net sales at Rs 240 crore versus Rs 249.2 crore (YoY)

Government says
-April-September fiscal gap at Rs 4.12 lakh crore versus Rs 3.37 lakh crore (YoY)
-April-September spending at Rs 8.09 lakh crore versus Rs 6.94 lakh crore (YoY)
-April-September revenue gap at Rs 3.79 lakh crore versus Rs 2.63 lakh crore (YoY)
-April-September receipts at Rs 3.97 lakh crore versus Rs 3.57 lakh crore (YoY)
-April-September fiscal gap 76 percent of Rs 5.4 lakh crore FY14 target
-September spending at Rs 1.46 lakh crore versus Rs 1.28 lakh crore (YoY)
-September receipts at Rs 1.38 lakh crore versus Rs 1.29 lakh crore (YoY)
-September tax mop-up at Rs 1.49 lakh crore versus Rs 1.40 lakh crore (YoY)
-April-September tax mop-up at Rs 4.58 lakh crore versus Rs 4.25 lakh crore (YoY)
-September fiscal deficit at Rs 7,400 crore versus surplus of Rs 600 crore (YoY)
-September infrastructure output up 8 percent (YoY)
-April-September infrastructure output up 3.2 percent (YoY)                            
-September CPI industrial workers inflation at 10.70 percent versus 10.75 percent (MoM)