Stocks in Action for the day: Satyam, Kingfisher, United Spirits, GE Ship, RELINFRA, GAIL, Wockhardt & KNR Constructions

Satyam: R1: 46, R2: 46.9, R3: 47.5, S1: 44.6, S2: 44, S3: 43.1

Satyam: -Board may allow non-it companies to bid for Satyam. -FIs may ask L&T to be cautious while bidding for Satyam ((L&T holds 12.4% stake in Satyam)) -SEBI issues show-cause notice to Price Waterhouse on Satyam issue. -Sources say 4 proposed directors on Maytas Infra board may be govt-appointed -Exclusive: IFCI sources say will accept board seat in Maytas Infra if offered. -CLB refuses supersession of Maytas Infra board -Order on Maytas Prop still reserved; may be announced on Tuesday.

Kingfisher Airlines: R1: 34, R2: 34.5, R3: 35.4, S1: 32.7, S2: 31, S3: 31.4

United Spirits: R1: 620.6, R2: 641.2, R3: 674.5, S1: 566.6, S2: 533.1, S3: 512

Exclusive: Vijay Mallya says: -in conversation with more than one suitor, Diageo is one -Negotiations with PE investor continue regardless of FIPB nod. -In talks with PE to raise $400 million for Kingfisher Airlines -Pledged shares at no risk, serve as top up to existing collateral -Kingfisher's dues to OMCs stand at Rs 350 crore -Have applied for an extension for payment of dues -In dialogue with oil marketing companies & oil ministry

GE Shipping R1: 172.7, R2: 175.7, R3: 181, S1: 164.5, S2: 159.2, S3: 156.2

GE Shipping to trim $600 million order book.

RELINFRA: R1: 516.2, R2: 523, R3: 531, S1: 501, S2: 493, S3: 486

Reliance Infra seeks MERC nod for 5% hike in FY10 power tariff: NW18

GAIL: R1: 205.6, R2: 208.9, R3: 213.9, S1: 197.2, S2: 192, S3: 188.9

GAIL signs agreement with National Fertilisers & Urvarak Videsh to supply natural gas

Wockhardt: R1: 82.5, R2: 83.9, R3: 85.2, S1: 79.1, S2: 78.4, S3: 77

Wockhardt gets US FDA approval for ulcers & hyperacidity syrup Hydrochloride ((total US market size $51 million))

KNR Constructions: R1: 38.7, R2: 40.2, R3: 42, S1: 35.5, S2: 33.7, S3: 32.2

KNR Constructions 51:49 JV bags order worth Rs 576 crore in Andhra Pradesh