STOCKS ALERT – 04.07.2014

STOCKS ALERT – 04.07.2014
* ABAN OFFSHORE: Has issued 10.78 mln shares to qualified institutional buyers
at an issue price of 695.50 rupees per equity share, which is at a discount of
36.47 rupees per share.
* AKZO NOBEL INDIA: Has formally inaugurated a new laboratory facility at its
Thane site.
* AMTEK AUTO: Citigroup Global Markets Mauritius sold 2.07 mln shares or
0.95% stake in the company at 255.93 rupees per share.
* ANSAL PROPERTIES AND INFRASTRUCTURE: Is set to raise 4 bln rupees from
Peninsula Brookfield Investment Managers.
* ARIES ARGO: Templeton Stock Growth Pvt Ltd Thursday sold 135,699 shares
or 1.04% stake in the company at 86.7 rupees per share.
* BHARTI AIRTEL: Foreign institutional investors and registered foreign portfolio
investors can invest up to 74% in the company under Portfolio Investment
Scheme.
* CAIRN INDIA: Has signed up US-based Halliburton Co for a 12-bln-rupee
contract to drill 100 wells at the Rajasthan onland block RJ-ON-90/1 over the
next 18 months.
* DHANLAXMI BANK: Has received its shareholders' approval to issue equity
shares worth 1.99 bln rupees through preferential allotment.
* FORCE MOTORS: Has sold 1,083 units of light commercial vehicles in June, up
2.26% from the corresponding period a year ago.
* GLENMARK PHARMACEUTICALS: Swiss arm has completed phase-I trials of its
novel monoclonal antibody, named GBR 830, and filed applications in
Netherlands to begin human trials.
* GREAT EASTERN SHIPPING CO: Has inked a pact to sell its very large gas
carrier 'Jag Vidhi'.* GVK POWER AND INFRASTRUCTURE: The Gujarat government plans to seek
fresh bids to develop coal and liquefied natural gas terminals at Okhamadhi port
as the company is yet to start work on the project.
* HATSUN AGRO PRODUCT: Commenced commercial production at dairy plant in
Poolam village in Tirunelveli with effect from Jul 1, 2014.
* HINDALCO INDUSTRIES: Plans to raise $500 mln through qualified institutional
placement of equity shares and will use the funds primarily to reduce debt.
* HINDUSTAN UNILEVER: Plans to focus on increasing sales in existing stores
rather than pushing for wider distribution, Managing Director Sanjiv Mehta said.
* HOUSING DEVELOPMENT INFRASTRUCTURE: Standard Chartered Bank
(Mauritius) bought 2.95 mln shares or 0.70% stake in the company at 102.25
rupees per share.
* INDRAPRASTHA GAS: The Supreme Court will hear on Friday the Petroleum
and Natural Gas Regulatory Board's plea seeking directions to the company to
disclose break-up of the maximum retail price charged by them.
* LANCO INFRATECH: Is in talks with some strategic investors for selling stake in
its thermal projects, and due diligence for the same is in process.
* NETWORK18 MEDIA AND INVESTMENTS: Founder Raghav Bahl, who resigned
on May 29 after RELIANCE INDUSTRIES took control of the company, is likely to
return as a director.
* NMDC: Has rolled over the prices of lump ore and fines to July, keeping lump
ore at 4,600 rupees per tn and fines at 3,160 rupees per tn.
* RANBAXY LABORATORIES: Is developing a new greenfield manufacturing unit
in Nigeria to address some of the supply constraints in the country.
* RELIANCE INFRASTRUCTURE: Arm BSES Yamuna Power is "actively exploring"
various avenues to make payments as directed by the Supreme Court.
* SESA STERLITE: Has said even though mining could resume in Goa by
September, the current global price for the resource, and India's duty structures
would make operations commercially unviable.
* SHIPPING CORP OF INDIA: Has sold its entire stake in joint venture SCI
Forbes to G.S. Enterprises.* SIEMENS: Has sold a land parcel worth 3.45 bln rupees in Bengaluru.
* SML ISUZU: Sold 1,443 units in June, up 9.3% year-on-year.
* STATE BANK OF INDIA: Chairman Bhattacharya said the bank's asset quality
issues should be resolved as the macroeconomic environment improves. Is
working on creating a roadmap for merger of associate banks in the next three
to four months. The bank's farm loan portfolio has seen a rise in defaults on
plans for an agriculture debt waiver scheme in Telangana and Andhra Pradesh.
* STEEL AUTHORITY OF INDIA: The government is likely to sell a 5% stake in
the company in the last week of this month.
* TATA MOTORS: Arm Jaguar Land Rover has recalled 70 model-year 2013
Jaguar XJ vehicles. Shareholders have refused to accept the company's
proposals on remuneration to two senior officials, and to pay the excess
remuneration for 2013-14 (Apr-Mar) to Karl Slym's legal heir.
* TATA STEEL: To invest 130 bln rupees on the first phase of its Kalinganagar
unit in Odisha over the next two-three years.

STOCKS ALERT – 03.07.2014

STOCKS ALERT – 03.07.2014
* APOLLO TYRES: Board has approved increasing foreign institutional investors
investment limit in the company to 45% from 40%. The company will seek
shareholders' approval for private placement of non-convertible debentures of 5
bln rupees and raising of up to $200 mln through issue of securities. The board
has approved the proposal to expand the truck and bus radial tyre capacity at its
Chennai plant to 8,900 tyres per day from 6,000 tyres per day. The company
plans to invest $340 mln to expand its plants in Kerala and
Chennai.
* CASTROL: Said it is not aware of promoter's current plan to delist company
shares from exchanges.
* CADILA HEALTHCARE: Has sought shareholders approval to raise up to 3.5 bln
rupees through secured, redeemable, non-convertible debentures, in one or
more tranches during 2014-15 (Apr-Mar).
* DLF: The Chief Secretary of Kerala has submitted a report in the state
assembly pointing to large-scale violations by the builder in a project in Kochi.
* GAMMON INDIA: Shareholders have approved the company's proposal to issue
346.9 mln shares at 27.05 rupees each to promoters and their affiliates on
preferential basis.
* GAMMON INFRASTRUCTURE: The board has approved the issue and allotment
of up to 180 mln warrants entitling 180 mln equity shares of 1 rupee each under
preferential allotment to promoters.
* GMR INFRASTRUCTURE: Promoter has got pledge released on 5 mln shares of
the company on Jun 30. Has launched a qualified institutional placement of
shares at a floor price of 33.14 rupees per share. Promoters plan to increase
their stake in the company by infusing 6 bln rupees through warrants.
* HERO MOTOCORP: Has sold 541,594 vehicles in June, up 8% on year.
* HOUSING DEVELOPMENT AND INFRASTRUCTURE: Has put its nearly 1 mln sq
ft commercial complex at Kurla in Mumbai on the block to cut debt.* IDBI BANK: Shareholders have approved raising up to 40 bln rupees through
shares.
* IDFC: Will seek shareholders nod to raise up to 800 bln rupees by issuing
various non-convertible securities including debentures and commercial papers.
* IL&FS TRANSPORTATION NETWORKS: Shareholders have approved the
company's proposal to increase its borrowing limit to 60 bln rupees from 50 bln
rupees.
* INNOVENTIVE INDUSTRIES: Corporate Debt Recast Empowered Group has
approved the proposal of Corporate Debt Restructuring of the company.
* JET AIRWAYS INDIA: Has appointed Subodh Karnik as its chief operating
officer.
* JSW ENERGY: Is set to acquire LANCO INFRATECH'S 1,200 MW Udupi power
plant in Karnataka for around 57 bln rupees.
* MODERN INDIA: Eriska Investments Fund has bought 230,000 shares, or
0.61% stake, in the company at 52.5 rupees a share.
* PURAVANKARA PROJECTS: Has completed sale of its 362,600 shares in Keppel
Magnus Development for 322 mln rupees.
* PRIME FOCUS: The Anil Ambani-promoted Reliance group has announced
plans to combine the global film and media services business of Reliance
MediaWorks with the company.
* RASHTRIYA CHEMICALS AND FERTILIZERS: To seek shareholder approval to
raise borrowing limit.
* RELIANCE CAPITAL: Is engaged in exploratory and non-binding talks with
Sumitomo Mitsui for various initiatives in banking and others.
* RELIANCE COMMUNICATIONS: Has raised 48.08 bln rupees by selling 338.3
mln shares to qualified institutional buyers at 142.14 rupees a share. The
Telecom Disputes Settlement and Appellate Tribunal has quashed a penalty of
720 mln rupees imposed on the company for delayed submission of customer
acquisition forms in Madhya Pradesh in 2011-12. The company has initiated the
process to monetise its real estate assets across the country, aiming to raise 50
bln rupees, and will use the proceeds to part-repay its debt.* SHARON BIO-MEDICINE: Company's board has approved warrant to promoter
at a premium.
* SPECIALITY PAPERS: Company will mull stock split on Jul 4.
* STEEL AUTHORITY OF INDIA: Has finalised the wage settlement for more than
92,000 non-executive employees and the salary revision will be effective from
Jan 1, 2012.
* TATA MOTORS: Has sold 219 units of Jaguar Land Rover vehicles in India in
June, versus 223 units sold a year ago.
* TECH MAHINDRA: Has signed an agreement with Saudi Arabia's Midad Holding
to form a 51:49 joint venture company.
* TULIP TELECOM: J.P. Morgan Securities Ltd A/C Copthall Mauritius Invest sold
800,000 shares or 0.55% stake in the company at 4.20 rupees per share.
* TVS MOTOR CO: Has sold 202,177 vehicles in June, 23% higher than the
corresponding period a year ago.
* UNITED SPIRITS: Diageo has completed the purchase of 37.78 mln shares of
the company, representing 26% additional stake, for 114.49 bln rupees.
* VIJAYA BANK: Will cut rates for 46-day to 1-year deposits of 10 mln rupees
and above by 5-50 basis point with effect from Thursday.
* VISA STEEL: Has decided to sell substantial stake in its speciality steel
business, and merge with itself its ferrochrome producing joint venture with
China's Shanghai Baosteel Group Corp

STOCKS ALERT – 01.07.2014

STOCKS ALERT – 01.07.2014
* ABAN OFFSHORE: The company plans to raise 4.5-7.5 bln rupees through a
qualified institutional placement of 6.5-10.8 mln equity shares today.
* ACE EDUTREND: Board to mull stock split, equity issue on Jul 10.
* ADANI PORTS AND SPECIAL ECONOMIC ZONE: Is seeking more acquisitions
after taking over Dhamra port on India's east coast. It is looking to buy a port in
the southeast coast now.
* BANAS FINANCE: Board has approved plan to commence the business of gold
loans. Has launched an end-to-end online business loan service for its premium
self-employed customers with an approval time of five minutes.
* BHARTI AIRTEL: The telecom regulator has raised questions over the sale of
Loop Mobile India to the company, citing possible violations of rules of licensing
and mobile number portability.
* DR DATSONS LABS: Davos International Fund bought 7.04% stake in the
company on Thursday via conversion of foreign currency convertible bonds.
* EASUN REYROLLE: IDFC Mutual Fund sold 916,015 shares, or 4.40% stake, of
the company for 93.65 rupees a share.
* INDIABULLS POWER: The company's board has approved raising up to $200
mln via equity and debt.
* INDIAN OIL CORP: Has announced a 1.69-rupee-per-ltr hike in prices of petrol
and a 50-paise-per-litre hike in retail diesel rates, effective midnight.
* ITC: Bombay High Court and Calcutta High Court have approved the merger of
Wimco's non-engineering business with the company.
* JUBILANT LIFE SCIENCES: Promoter Jubilant Stock has pledged 9.7 mln shares
of the company on Thursday.
* JYOTI STRUCTURES: Board has approved raising up to 1.2 bln rupees viaqualified institutional placement.
* L&T FINANCE HOLDINGS: Has approved allotment of 26.34 mln compulsorily
redeemable preference shares on private placement worth 2.63 bln rupees.
* MAHARASHTRA CORP: Board to mull stock split on Jul 9.
* RAMKRISHNA FORGINGS: SBI Mutual Fund bought 658,239 shares, or 2.52%
stake, of the company at 170 rupees per share.
* STATE BANK OF INDIA: Plans to open electronic banking outlets in malls and
will open accounts, issue cards, and sanction loans across the counter.
* STERLING BIOTECH: Shareholders have approved hike in investment by
foreign institutional investors to up to 74% and that by non-resident Indians to
up to 24%.
* STYROLUTION ABS (INDIA): INEOS AG will buy the balance 50% stake in the
company's parent Styrolution from BASF SE for 1.1 bln euros.
* SUN PHARMACEUTICAL INDUSTRIES: Uday Baldota, senior vice president for
finance and accounts, has said his company is on track to close the deal with
RANBAXY LABORATORIES by December.
* TATA CONSULTANCY SERVICES: Tata Sons is pledging shares of group
companies including those of the company to buy out NTT Docomo's share in
Tata Teleservices.
* UCO BANK: Is in the process of finalising the sale of bad assets worth 3.5 bln
rupees to asset reconstruction companies.
* VAKRANGEE: Board to mull raising up to 10 bln rupees via qualified
institutional placement on Thursday.
* ZODIAC VENTURES: Board has approved 10-for-1 stock split.

STOCKS ALERT – 30.06.2014

STOCKS ALERT – 30.06.2014

* ADANI POWER: Gujarat High Court has issued notices to the company and
ADANI PORTS AND SPECIAL ECONOMIC ZONE on a petition alleging violation of
environment norms by the companies.
* CADILA HEALTHCARE: Has lost rights to market Borhringer Ingelheim's
dulcolax and Buscopan brands after talks to renew contracts failed.
* COAL INDIA: Power and Coal Minister Piyush Goyal has said that the
government has no plans on splitting the company. There has been a temporary
withdrawal of an indefinite strike at the company's Talcher coalfields.
* DABUR INDIA: The company plans to focus more on the chemist network to
increase sales of its personal and healthcare products.
* DEWAN HOUSING FINANCE CORP: Arm DHFL Vysya Housing Finance will offer
15-year rural housing loans of up to 1.5 mln rupees at 9.35% interest rate.
* DR REDDY'S LABORATORIES: Has nine new drugs in different areas, including
metabolic disorders, psoriasis, migraine, at the clinical development stage.
* GAIL INDIA: Will suffer nominal loss due to the fire at its gas pipeline in
Andhra Pradesh. Has suspended two senior officials of its Andhra Pradesh office
after a fire caused by a possible leakage in an underground gas pipeline killed 19
and injured several others.
* INDUSIND BANK: Has shortlisted four executives to succeed Managing Director
and Chief Executive Officer Romesh Sobti.
* INFOSYS: Another senior official of the company, head of computers and
communications division K. Murali Krishna, has quit.
* INOX LEISURE: Is in talks to buy Satyam Cineplexes in a transaction that may
be valued at 2.20 bln rupees.
* KESORAM INDUSTRIES: May sell its profit making tyre division as part of a
reorganisation exercise aimed at reducing debt.* L&T FINANCE HOLDINGS: Will seek shareholders' approval to issue cumulative
non-convertible redeemable preference shares worth 10 bln rupees.
* OIL AND NATURAL GAS CORP: Board has approved re-development of its
offshore field Mumbai High (North) with investment of 57.06 bln rupees. Moody's
Investors Service has assigned a provisional Baa2 rating to the proposed foreign
currency senior unsecured bonds issue of ONGC Videsh.
* OMAXE: The company plans to raise 3 bln rupees this financial year through
sale of equity to fund existing and future projects.
* PRESTIGE ESTATES PROJECTS: Has sought shareholders' approval to increase
its borrowing limit to 40 bln rupees and also raise funds via issue of up to 25 mln
shares.
* RELIANCE COMMUNICATIONS: Has raised 48.08 bln rupees through qualified
institutional placement of 338.29 mln shares at 142.14 rupees each.
* RELIANCE INDUSTRIES: The Comptroller and Auditor General has rejected
telecom department's stand allowing the company's arm to offer voice services
using broadband spectrum. The company has strongly dismissed allegations by
CAG and said that its telecom subsidiary Reliance Jio has followed rules laid out
by the government from time to time. The company along with its partner
British Petroleum plans to invest 8 bln rupees to carry out exploratory drilling in
an offshore block in the Bay of Bengal.
* RELIANCE POWER: The Coal Ministry has sought the Finance Ministry's view on
whether the company can be allowed to mortgage coal blocks linked to the
Sasan ultra mega power plant to raise debt.
* SPICEJET: Has introduced a low-fare scheme with all-inclusive air fares starting
at 1,999 rupees for tickets booked till Jun 30, and was followed by rival IndiGo
which announced all-inclusive air fares priced between 1,499 rupees and 3,999
rupees
* TATA CONSULTANCY SERVICES: Management says the company is well- positioned against competitors across verticals and is optimistic of getting better
growth opportunities in FY15.

STOCKS ALERT – 26.06.2014

STOCKS ALERT – 26.06.2014
* ANJANI PORTLAND CEMENT: Chettinad Cement Corp has made an open offer to
acquire 4.78 mln shares of the company at 61.75 rupees per share.
* ASHOK LEYLAND: Plans to raise up to 7 bln rupees through the qualified
institutional placement route.
* COAL INDIA: Has blamed NTPC Kaniha for failing to lift the required quantity of
coal from the sidings. Hence, COAL INDIA arm Mahanadi Coalfields is exploring
alternatives to liquidate piling stock. Additional Secretary A.K. Dubey has been
appointed as chairman of the company for three months with immediate effect .
* COAL INDIA: Is blaming NTPC Kaniha for failing to lift the required quantity of coal
from the sidings, arm Mahanadi Coalfields is exploring alternatives to liquidate piling
stock. Additional secretary A.K. Dubey has been appointed as chairman for three months
with immediate effect .
* CROMPTON GREAVES: Along with Iemants and Fabricom has secured an order
worth over 150 mln euro (around 12.30 bln rupees) from the Netherlands-based Van
Oord for an offshore wind project.
* FINANCIAL TECHNOLOGIES INDIA: Has appointed Sharp & Tanna as statutory
auditors and VP Mehta & Co as internal auditors.
* HDFC BANK: Managing Director Aditya Puri has said the bank does not require any
capital right now, but has still taken an enabling resolution to raise 100 bln rupees.
* HINDALCO INDUSTRIES: Rating agency CRISIL has cut its rating on the company's
long-term rating to debt rating to AA/Stable from AA+/Stable with a stable outlook,
saying that the company's operating profit may take longer to improve.
* HERO MOTOCORP: Has welcomed the extension of reduction in the excise duty on
vehicles until Dec 31, but said it wished the extension would have been until March
2016.
* JSW ENERGY: May be looking to acquire LANCO INFRATECH's 1,200 MW
thermal power plant in Udipi, Karnataka.* JSW STEEL: Welspun Group is set to sell off Welspun Maxsteel to JSW STEEL at a
loss of equity worth 3 bln rupees, after which JSW STEEL will take over the 11 bln rupee
debt of the company and free all the guarantees given by the Welspun group to banks.
* JUBILANT FOODWORKS: Has launched 10 new pizza products under the Domino's
Pizza brand.
* MAN INFRACONSTRUCTION: Board has approved 5-for-1 stock split.
* MCLEOD RUSSEL INDIA: The company's arm Phu Ben Tea Co has signed an
agreement with Ngoc Hai Co for acquisition of tea factory at Doan Hung in Vietnam.
* MINDTREE: President, Chief Technical Officer and Executive Director S.
Janakiraman sold 30,000 shares of the company at 910.03 rupees per share through the
open market on Wednesday.
* MULTI COMMODITY EXCHANGE OF INDIA: Gold dealer RiddiSiddhi Bullion has
claimed 1 bln rupees in damages from the company and audit firm
PricewaterhouseCoopers each for causing harm to its reputation.
* NESTLE INDIA: Flagship brand Maggi noodles is working on a plan to launch oats
noodles to regain the market share it has lost to healthier alternatives, newer entrants, and
snacks like potato fries.
* NTPC: May revive its 4,000 MW coal-fired thermal power plant in Andhra Pradesh.
* NRB BEARINGS: Sundaram Mutual Fund has bought 930,071 shares, representing
0.96% stake, of company at 83 rupees per share.
* OIL AND NATURAL GAS CORP: Wants international oil crude oil prices for produce
from its marginal fields, and for the producing fields wants close to $65 a barrel after
extending discounts to public sector oil retailers.
* OMNITECH INFOSOLUTIONS: Mario Oscar Francis Lobo has bought 132,877
shares, or 0.89% stake, of the company at 12.75 rupees per share.
* RELIANCE COMMUNICATIONS: Has raised around 48 bln rupees through qualified
institutional placement.
* TATA STEEL: Has no plans to import iron ore to feed its steel manufacturing factories
and will rely on domestic production from its captive mines or NMDC.
* WIPRO: The Competition Commission of India has rejected allegations that the
WIPRO-General Electric joint venture Wipro GE Healthcare had abused its
dominant market position with respect to sale and repair of medical equipment.

STOCKS ALERT – 25.06.2014

STOCKS ALERT – 25.06.2014
* ANJANI PORTLAND: CHETTINAD CEMENT CORP open offer for 4.78 mln shares
of the company opens today.
* ASHOK LEYLAND: Plans to seek about $100 mln from a sale of shares to
institutional investors.
* ASTRAZENECA PHARMA INDIA: SEBI has said the company can purchase shares
in the delisting offer only after seeking approval of the stock exchanges and has asked the
exchanges to monitor the bid closely.
* DCM SHRIRAM: The company has sold a textile spinning unit in Rajasthan for 171.2
mln rupees.
* DLF: Competition Commission of India has ordered probe against company arm in a
Gurgaon project. The company will sell its information technology park in Pune, and is
eyeing 3 bln rupees from the sale, which it will use to reduce its debt.
* ENGINEERS INDIA: Has been granted 'Navratna' status by the Department of Public
Enterprises.
* FINANCIAL TECHNOLOGIES INDIA: A Mumbai court rejected the bail application
of company Managing Director Jignesh Shah.
* INDIAN HOTELS CO: Will issue nine compulsory convertible debentures for every 40
equity shares of the company at 55 rupees each, by way of a rights issue.
* INFOSYS: Company's plan to create 50,000 jobs in over a decade in Karnataka has hit
a snag with the state not showing enough urgency in creating critical
infrastructure such as road or rail connectivity, and water and power supply.
* INOX LEISURE: Has launched a multiplex at Dreamz Mall in Gurgaon, Haryana.
. INTERLINK PETROLEUM: Enso Oil & Gas has entered a memorandum of
understanding with Loyz Energy to acquire a stake in company.
* LUPIN: The company is looking to enter new geographies and is scouting for
companies in Japan where it has a presence.* MANGALORE CHEMICALS AND FERTILIZERS: SEBI has sought clarifications
from two rival bidders who have made offers for acquisition of additional stake in
the company.
* MARUTI SUZUKI INDIA: Company intends to launch six new cars in the next few
months, of which four will be priced in the 600,000 to 1.4 mln rupees range.
* NHPC: Finance ministry is working on draft Cabinet notes for 5% stake dilution in
company.
* NOVARTIS INDIA: Has launched an over-the-counter pain reliever Voltaren Emulgel,
which is a combination formulation of cream and gel, in India.
* PARSVNATH DEVELOPERS: ITF Mauritius sold 2.2 mln shares, or 0.51% stake, of
company at 33.2 rupees per shares. Plans to either sell 10-bln-rupees worth land parcels
in south-west India or form joint ventures with local builders for development.
* POWER FINANCE CORP: Finance ministry is working on draft Cabinet notes for 5%
stake dilution in company.
* QUINTEGRA SOLUTIONS: Roseburg sold 151,666 shares, representing 0.57% stake
in company, at 1.15 rupees per share.
* RELIANCE COMMUNICATIONS: Opened its qualified institutional placement of
shares at an offer price of 142.1 rupees a share to raise funds to repay debt. Plans to raise
43 bln rupees by way of a qualified institutional placement of shares and a preferential
offer to promoters.
* RELIANCE INDUSTRIES: The petroleum ministry has proposed that state-owned
companies deduct $115 mln from payment due to the company from their purchase of
crude oil and natural gas from KG-D6 block and deposit it in a government account. The
petroleum ministry plans to issue a fresh notice to the company levying an additional
penalty of $579 mln on account of natural gas production shortfall from KG-D6 block for
the year 2013-14 (Apr-Mar).
* RELIANCE INFRASTRUCTURE: Bombay HC has declined to interfere in a dispute
over fares of Mumbai Metro services run by company and dismissed a plea filed by the
state government against the company's plans to hike fares.
* RICOH INDIA: To mull issue of three-year non-convertible debentures on Jul 1.
* RURAL ELECTRIFICATION CORP: Finance ministry is working on draft Cabinet
note for 5% stake dilution in company. Shareholders have approved the company's
proposal to raise its borrowing limit to 2 trln rupees, and in any foreign currency
equivalent to $6 bln.* TATA COFFEE: Will seek approval of shareholders to re-allow borrowing limit of 10
bln rupees, in order to meet its long-term fund requirement.
* TATA STEEL: Construction at the company's Kalinganagar steel plant in Odisha
remained stalled for the second day after Monday's clash between labourers and security
staff.
* TTK PRESTIGE: Eyes overall revenue growth of 15% in the current financial year.
* THE PHOENIX MILLS: Nordea 1 SICAV, through its Emerging Consumer Fund, sold
1.5 mln shares, representing 1.04% stake, in company at 303.3 rupees per share.
* WARTSILA INDIA: The company is eyeing the cement industry for the combined heat
and power business opportunities it offers.
* YES BANK: Bombay High Court has asked the bank to submit annual general meeting
video in court by Friday