Stocks in News: GAIL, Pantaloon, Firstsource Solutions & Graphite India

Brandhouse Retails to list on March 27 ((demerged entity of S Kumar’s promoters, co does not hold any stake))
Bharti Enterprises: -Indus Towers & Bharti Infratel listing possible next year
-Indus Towers to be listed first, followed by Bharti Infratel -Indus Towers to add 20,000 towers by end of next year -Will continue to provide towers on non-discriminatory basis -Alert: Earlier plan was to list Indus Towers & Bharti Infratel in 2-3 years-Alert: Bharti Infratel, Vodafone Essar hold 42% stake each in Indus Towers-Alert: Aditya Birla Telecom owns 16% stake in Indus Towers-Alert: PE Firm KKR, Temasek, ICD, GS, others hold stake in Bharti Infratel
GAIL to spin off marketing company, new company to be listed soon
Pantaloon seeks cancellation of registration granted to ADAG for using Reliance Big Bazar trademark
Firstsource Solutions buys back FCCBs worth $15.8 million
Hikal board approves merger of wholly owned subsidiary Hikal Pharma with itself
Graphite India board meet on March 27 to mull demerger of Powmex Steels of GKW into itself
Board meets:
-Maytas Infra-Federal-Mogul, Goodyear India results
-Zodiac JRD- MKJ on issue of shares to MKJ Jewellery shareholders ((on amalgamation))
RBI Update: -Excess provision on NPA sale can be added to Tier II Capital-Banks' floating provisions can be treated as Tier II Capital-Banks can net off excess provision versus norm from gross NPA