Stocks in news: Tata Motors, HOV Services, MTNL

Alert: last day of sun outage today

SEBI
-Issues circular to custodians on removal of P-Note restrictions
-New P-Note regime effective post market hours on October 7

Tata Motors signs agreement with Gujarat government for Nano plant

New Nano plant:
To manufacture 2.5 to 3.5 lakh cars in the first phase; 5 lakh in the second phase

Tata Motors pull out from Singur may affect Bajaj’s small car project – ET (A number of suppliers are common)

Tata Sons has sold 1% in TCS last week to raise Rs 700 crore to subscribe Tata Motors rights issue – ET

Government
-Expands core sector definition to include mining, exploration for ECB
-ECB norms to include refinery in core sector definition

IOC Says
-ECB norms easing for refiners may not help immediately
-ECB norm easing good step, to help once financial crisis over

HOV Services
-Board meet today to mull Recap offer to buy US, Beijing units
-Recap buys HOV Services: Reports

Premji firm buys 3% stake in NSE for $ 100 million – BS

Oil companies give final ultimatum to airline companies to pay up dues in 2 weeks or face supply cuts – DNA

Department of Telecommunication (DOT) allocates spectrum for 3G services to BSNL and MTNL – HT

Board meets:
-Indiabulls Real Estate results
-Gremach Infrastructure on 10% equity dilution in OSHO Gremach Mining

Ex-split:
Provogue India in ND period, out on Oct 13
Madras Cement in ND period, out on Oct 10