FREE DAILY STOCKS ALERT (17.04.2013)


* ADANI PORTS AND SPECIAL ECONOMIC ZONE: Union government is in final stages of deciding on giving security clearances to the company that would allow it to bid for port contracts.

* ADANI POWER: COAL INDIA has rejected the company's request for supply of domestic coal for its 1,980 MW imported coal-based project at Mundra.

* CMC: Plans to add 400 employees on its rolls in India to execute orders it has won.

* COAL INDIA: Government may divest its stake in the company through a combination of offer for sale, and buyback of shares by the coal mining major.

* GAIL INDIA : Plans to sell part of its 4.6% stake in Hong Kong-listed city gas distribution firm China Gas Holdings.

* GOL OFFSHORE: Has defaulted on repayment of its foreign currency loans worth 2 bln rupees after bondholders rejected the extension sought by the company.

* GUJARAT GAS CO: The BG group will hand over control of the company to Gujarat State Petroleum Corp by the end of this month.

* GVK POWER AND INFRASTRUCTURE: May seek rescheduling of its premium payout to National Highways Authority of India for a highway project in Madhya Pradesh.

* HINDUSTAN UNILEVER: Decline in two-wheeler sales in India indicate bad times for the company, Goldman Sachs has said in a report citing a 71% correlation between the company's performance and two-wheeler sales.

* INDRAPRASTHA GAS: Supreme Court's final hearing on PNGRB-Indraprastha Gas case to begin Apr 30.

* JET AIRWAYS: Has signed code-sharing pact with South African Airways.

* MIDLAND POLYMERS: Has approved 1-for-1 bonus share issue.

* OIL INDIA: Plans to raise $400 mln via external commercial borrowings to part finance its capital expenditure.

* PVR: Reliance Mutual Fund cut its stake in the company to 4.53% from 4.84%, by selling 125,000 shares on Apr 11.

* RELIANCE BROADCAST NETWORK: BIG CBS Prime has inked deals with distribution platform providers to expand its reach to 30 mln households.

* RELIANCE INDUSTRIES: Posted net profit of 55.89 bln rupees for Jan-Mar, up 32% year-on-year. Turnover for the period declined 1% to 841.98 bln rupees. Wants to focus on expanding its retail footprint and has no plans for listing the subsidiary now.

* RELIANCE INFRASTRUCTURE: Expects to generate revenue from 22 of its 26 infrastructure projects in 2013-14 (Apr-Mar).

* SIEMENS: A division of the company has entered into a pact with Teradata for providing data solutions to its utility clients.

* STATE BANK OF INDIA : Is likely to report a gross non-performing asset ratio of 4.5% when it announces the earnings for Jan-Mar quarter. Is considering merger of one of its five remaining associate banks with self in 2013-14 (Apr-Mar). Has fully provided for its 16-bln-rupee exposure to Kingfisher Airlines.

- May reduce the loan-to-value ratio it offers on loans against gold below 70% due to the sharp decline in gold prices over the last few days.

- Has reduced interest premium it pays on deposits by senior citizens to 25 basis points from 50 bps earlier.

* STRIDES ARCOLAB: Arm Agila Biotech Pvt has signed a pact with Pfenex Inc to develop, manufacture, and commercialise six Biosimilar products.