Stocks in news: Satyam, Rel Power, Rel Petro, Unitech

Indian ADRs: ICICI Bank, Satyam up 4%, HDFC Bank up 3%, Tata Motors down 4%, Wipro down 3%

Kamal Nath says: -Stimulus package to include sops for auto components sector-Package likely for export, housing & realty sector; to address liquidity

Satyam: -Vigorously objects to inappropriate statements made by World Bank representatives-Independent director M Srinivasan quits, taking moral responsibility for Maytas deal: ET

Maytas on course to tie up funds for Hyderabad Metro: BS

Tata Sons has not exercised option to convert 1.03 crore warrants issued by Tata Power into shares

Bumi revises its coal reserves upward by 18%: DNA Money ((Tata Power has 30% stake))

Government issues fertiliser bonds worth Rs 4,000 crore to 16 fertiliser firms

From NW18: Reliance Power to raise Rs 11,500 crore via syndicated loan; $500-600 million via ECB

Reliance Petroleum commissions 29 million tonnes Jamnagar refinery; to attain full capacity shortly

RIL delays plan to build largest port in Rewas, Maharashtra by 2 years as land has not transferred land

Infosys says no investment bank has approached company for a possible Satyam takeover

Unitech -Plans to merge all its 8 telecom subsidiaries: ET -Lays off 10% employees: PTI

Government to review SAIL projects on concerns of slow progress

Department of Policy and Promotion proposes to cut FDI in Tobacco to 74%: BS

Finance Ministry says no to easing FDI caps in retail and insurance: BS

Ashok Leyland urges vendors to cut prices, seeks extension in payment deadline: BS

Assam Company defers buys of oil assets aboard: DNA

Mindtree looking for acquisitions in France and Germany – ET

Banks ask (Delhi International Airport Limited) DIAL promoters to bring in equity before rest of the funds are disbursed: BS ((GMR owns 50%))

Tata Steel’s $ 5 billion project in Vietnam hits road block on land allocation delays: BS

Reliance Infrastructure says emerged sole bidder for Rs 2,676 crore Eastern Peripheral Expressway

GSPC gets permission to commercially exploit gas finds in Deendayal block: BL

10 companies bid for GSPC wind power project ((Suzlon one of them))

ABG Infralogistics says not in talks to sell 49% stake to French company Louis Dreyfus

Vardhman Textiles board approves buyback of FCCBs

Board meets: -

Man Industries to consider buyback of FCCBs
-Tata Metaliks on issue of debentures