Stocks in news

1. Tatas plan to transfer TPC's electronic division to Nelco
2. Tata Steel raises spot HR Coil prices by Rs 900/tonne:
3. Reliance Power IPO Gets Final SEBI Nod, To Open Jan 15-18
To Raise Rs 10,500- 11,500 Cr Via IPO Price Band Between Rs 405-450
Offers Staggered Payment Option To Retail Investors
4. Auto fuel prices likely to be increased in Feb 1st week: NW18
5. Tata Motors Dec: CV Sales At 28,661 Units Vs 28,179 Units Year Earlier
Passenger Vehicle Sales At Down 13% YoY At 14,316 Units
6. Rel Com drops prepaid tariff to flat 99 paise/min
7. RBI allows FIIs to buy shares of Indraprastha Gas as their holding goes below caution limit
8. ACC Dec cement sales at 1.57 mt vs 1.67 mt (YoY)
9. Ambuja Cement Dec sales up 7% at 1.49 mt (YoY)
10. Siemens to acquire Morgan Construction Company
11. Cupid board meet on Jan 8 to consider: Expansion plan for raising manufacturing capacity & female condom project Fund raising via issue of shares / warrant
12. GE Shipping subsidiary Greatship (India) takes delivery of anchor handling tug cum supply vessel
13. Central government gives sanction to SBI to increase issued capital from Rs 526.30 cr to Rs 650 cr for rights issue
14. Religare to sell stake in NBFC arm for Rs 500 cr
15. Twentyfirst Century Management to buy 33.33% stake in investment advisory portal www.premiuminvestments.in
16. Steel Exchange India board approves: QIP / GDR / ADR issue up to Rs 200 cr
Issue of 47.90 lakh warrants at Rs 126 to promoters on preferential basis
17. Port of Rotterdam in talks with L&T for greenfield ports in India
18. MTNL likely to get Pan-India mobile licence ; ADR up 8%
19. RIL, ONGC up against LN Mittal for NELP blocks
20. No leeway for PSUs on Clause 49 - SEBI
21. Essar led consortium likley to bag Ratna, R Series oilfields
22. Everest Kanto set to buy Gujarat wind energy co, management denies any such plans
23. Govt moves on overseas flights likely today, Kingfisher may benefit
24. Goa SEZ battle Goa CM Says: To Write To Centre To Denotify SEZs In Few Days. Commerce Secy Says: Goa Govt Has No Locus Standi To Withdraw Notification On SEZs. Central Govt Not To Denotify 3 Notified SEZs In Goa

Sources MC