Stocks in news: Tata Motors, RCF, Satyam, RIL, ONGC

Stocks in news:

Inflation unchanged at 12.14%
Indian ADR: Tata Comm up 17%
Indo-US N-Deal:
-US Congress postpones vote on Nuclear Deal
-US house of representatives may consider bill later today
Tata Motors sells 1 crore shares in Tata Steel @ Rs 487 per share; looking to raise funds via dilution in its 6 subsidiaries
Crisil downgrades Tata Motors financial paper from AAA to AA
FII and PN norms set to review, SEBI board meet on October 6 – ET
US not to buy Ranbaxy AIDS drug – Agencies (New Zealand too puts Indian firm under scanner)
RCF plans chemical park, comex to unlock real estate value – BS
RIL eyes fertilizer foray with SPIC buy, others like Sterlite and PE funds also seen in the race – ToI
Sundram Multicap loses case against ICICI Bank; HC orders company to pay the bank dues arising out of contract on structured derivatives product – Mint
Raymond puts its loss making Denim business on the block – BS (It’s a JV with a European company UCO)
Satyam top brass sell 1.6 lakh shares in last 2 months – DNA
Sterlite inches close to Asarco takeover – BS
ONGC
-Losing Rs 100 crore a month from its gas business on APM
-Head says targeting acquisitions in Latin America, CIS, Africa
Century Textile staff (82 employees) are reluctant to take VRS scheme which could delay the groups plan to develop the Worli property – ET
Digvijay Cement referred to BIFR
SAT declines to stop Emami open offer, preliminary hearing on November 18 – BL
Arvind to invest Rs 400 crore on store expansion over next four years
Indiabulls Financial says: Indiabulls Securities to subscribe to 24.5% equity in Indiabulls Life Insurance instead of company (will hold only 49.5%)
Unitech subsidiaries get 4.4 MHz spectrum in 1800 MHz GSM band in Gujarat & UP
GNFC board approves contribution of up to Rs 99.3 crore to charitable funds for FY09
Kernex Microsystems bags $16.05 million order from Egyptian National Railways
Shree Cements: No new F&O contracts will be issued; October and November will remain open till respective expiries
Board meetings: - BPL to consider issue of securities on preferential basis

Ex-bonus:
Aro Granite @ 1:2
Bliss GVS Pharma @ 3:5
MM Forgings, Sanwaria Agro @ 1:1

1.02 crore JK Tyres shares to hit the market (rights issue)
3.55 crore GTL Infra shares to hit the market (warrants conversion)
1.42 crore Chola DBS shares to hit the market (warrants conversion)