BOR: Stocks in action for the day: DLF, Great off, Sun Pharma, Tata Motors

DLF: -DLF promoters looking to offload stake; looking to raise $400-700 million: Sources-Alert: DLF promoters KP Singh and family hold nearly 89% in DLF -Stake sale proceeds to be ploughed into DAL: sources say-Proceeds could be used to buy out DE Shaw/pay off DAL's dues to DLF: sources say-Alert: DE Shaw invested $450 million in DAL and wants to exit-Alert: DAL outstanding dues to DLF at Rs 4,930 crore -Deutsche Bank appointed banker for promoter stake sale: sources say-Demand from investors at Rs 225/share: sources say-Demand largely from FIIs: sources say -MFs interested at 5-6% discount to market price: sources say-DLF says co does not comment on market speculation

Birla Corporation Q4 Standalone-Net sales at Rs 570.82 crore versus Rs 488.69 crore
-Net profit at Rs 90.61 crore versus Rs 86.56 crore

Sun Pharma arm gets US FDA approval for generic Uroxatral tablets DBS Bank to sell 2.7% ((11.68 crore shares)) in HDFC Bank today

Bharti Shipyard picks up 14.89% stake in Great offshore

Essar looking to sells its 42% stake in Indus tower (Management strongly denies any such plans)

Tata Motors to raise Rs 5000 crore through bond issue for JLR.

Sun TV’s FM radio arm get FIPB nod.

Bank of Baroda cuts rates on some deposits by 25 bps

Mundra Port says promoter revoked pledge on 12.4 million company's shares

Board meets:
-Akruti City on stock split
Era Infra on issue of convertible warrants to promoters on preferential basis
Arrow Textiles to resume trading ((after scheme of arrangement))
NSE bars further F&O positions in Alok Industries as market wide position limit crosses 95%