Stocks in news: Sobha Developers, ONGC, Jyothy Lab

* FIIs may get approval to invest in Indian Depositary Receipts – ET
* ICICI Bank sells $275m worth risky papers, will help to cut down MTM losses – ET
* TCS leads the race to acquire Citi's BPO, deal size pegged at $500-550m - ET
* M&M says
Not interested in buying General Motors’ “Hummer” brand
Will focus on its own models for US market
* M&M working in electric car bigger than Reva – FE
* Ambuja Cement to hike prices by Rs 20/bag – ET
* Sobha Developers to sell stake in 3 SPVs, in talks with PE players to raise funds – DNA
* Punj Lloyd consortium bids for Singapore's maiden LNG import terminal project worth $1bn – ET
* ONGC
Acquires 30% In CB-ON-7 Pramoda Block From HOEC
Alert: HOEC Stake In CB-ON-7 Pramoda Block Down To 35% Post Stake Sale
Alert: Provisions For ONGC Increasing Stake Was In Products Sharing Contract
* ADAG To Launch DTH Svcs Today Under Reliance Big TV
* Net Telephony freed, call rates set to plunge
* Roche vs Cipla case in Delhi HC to come up for hearing again today
* Re-listing:
Vintage Cards; no circuit filter today
Marathwada Refractories from Aug 22
* Jyothy Laboratories board meet on August 27 to consider stock split
* Berger Paints buys Poland’s Bolix from PE co Advent International
* Spanco Telesystems bags Rs 70 cr order from Orissa govt
* Punjab Chem to raise Rs 250 cr via GDR in next 6 months - BS
* Take Solutions, Four Soft merger ratio likely in 2 weeks - BS
* Satyam delays hikes, payout to be smaller this year - Mint
* Subhash Projects, Emco to jointly acquire 83% stake in Indonesian Coal mine for Rs 300 cr – Mint
* Bajaj group increases stake in Mukand by 2% to 43%
* NMDC signs MoU with Rio Tinto to develop iron ore mines in India & overseas: NW18
* Board meetings:
HEG on buyback
Nirma results
* In T2T from Aug 22:
Bombay Burmah, Dwarikesh Sugar, Global Vectra, Goa Carbon, HMT, Insecticides (India), ITI, Lloyds Steel, Petron Engineering, Sabero Organics, Selan Exploration
* Out of T2T from Aug 22:
Autoline Industries, Bang Overseas, Broadcast Initiatives, Cambridge Solutions, CCL Products, HOV Services, Indus Fila, Rohit Ferro, Shree Ashtavinayak, SMS Pharma, Tamilnadu Petro, Usha Martin Infotech