Stocks in news...

1. Indian Hotels Not To Make Open Offer For Orient Express. No Plans For Proxy/Hostile Bid With Other Shareholders Will Decide On Further Action After Orient Express Responds In Jan
2. Eicher Motors: Expect 15% growth in volume during Apr-Nov to continue for the rest of the year. Eicher-Volvo JV will have CVs up to 50 tn capacity. To hike monthly truck production to 4,000 units beginning Jan from current level of around 3,000 units
3. ONGC board approves: Interim dividend of Rs 18/sh. Pipeline replacement project in Mumbai offshore for Rs 2553.25 cr. PY-3 Phase-III development for Rs 147.19 cr
4. Peninsula Land board approves issue of 4.37 cr shares at Rs 120
5. Orbit Exports board approves: Issue of 3.5 lakh shares & 10 lakh convertible warrants at Rs 32.15 on preferential basis to promoters. Issue of 30 lakh convertible warrants at Rs 32.15 on preferential basis to strategic investors
6. Balmer Lawrie-Van Leer open offer exit price at Rs 70
7. Trust can now invest into equities
8. Tatas bid for Liberian mines, to invest USD 1.5bn
9. Steel co to hike prices next month to offset the rising prices of raw material
10. Ranbaxy eyes Romania's drug co Antibiotice
11. Dr Reddy, Lupin and Shreyas Lifesciences out of race for drug co LaborMed
12. Assam Company plans to hive off oil and gas biz, may list the co on LSE
13. Teva's protonix version sale in US to hit Sun Pharma
14. SAIL to invest Rs 20000 cr in West Bengal
15. Ram Ratna Wires open offer at Rs 54/sh
16. ITI seeks Rs 2000 cr aid from Govt
17. I-flex plans new biz verticals, sees short term gains from sub-prime meltdown in the US
18. Bajaj to re-enter scooter biz

Source MC