GOLDEN RULES FOR TRADING

FREE STOCKS ALERT - 27.11.2013

* BAFNA PHARMACEUTICALS: Refuted media reports that Mylan and two other Indian pharmaceutical companies were in the fray to acquire the company.

* BHARAT PETROLEUM CORP: Appointed P.H. Kurian as government director on the company board on Nov 25. 

* BHARTI AIRTEL: To meet venture capitalists and private equity investors today to raise funds through euro bonds.

* CAIRN INDIA: Board approved buyback of 170.89 mln shares for up to 57.25 bln rupees at 335 rupees a share. 

* COAL INDIA: Has identified 126 new projects, with an estimated capacity of 438.04 mln tn, to be taken up during the 12th Five-Year Plan. 

* FINANCIAL TECHNOLOGIES: Defaulter NK Proteins said Tuesday it plans to repay 2.65 bln rupees of debt to National Spot Exchange. 

* HEXAWARE TECHNOLOGIES: Promoter HT Global IT Solution Holdings, in concert with other financial institutions, raised stake in the company to 70.62%. 

* INDIAN OIL CORP: The finance ministry is likely to go ahead with the divestment of stake in the company by Dec 10. The company's roadshows across the globe for stake divestment has received "less-than-lukewarm" response due to concerns over mounting losses on subsidised sale of fuels. 

* INFOSYS: Is well positioned to regain market share and improve efficiency, Executive Chairman N.R. Narayana Murthy said. 

* LARSEN & TOUBRO: The company has stopped giving stock options to its employees as static share price and tax issues have made them unattractive.
Instead, L&T is compensating staff with higher salaries. 

* MARUTI SUZUKI INDIA : Plans to launch new vehicle by 2017 to take on Toyota Kirloskar Motor Pvt Ltd's Innova. 

* NHPC: Second unit of the company's Uri project will begin commercial operations on Sunday. 

* NMDC: Central Vigilance Commission has asked the steel ministry to pull up officers of the company for changing tender rules to favour an Italian firm for an upcoming plant in Chhattisgarh. 

* OIL AND NATURAL GAS CORP: Will look at BHP Billiton's assets before deciding on taking interest in the blocks that the company plans to relinquish in India . 

* OMAXE: Promoters will infuse 2.44 bln rupees, proceeds of 14% stake sale in the company, through redeemable preference shares. 

* POWER FINANCE CORP: Plans to raise at least 1.50 bln rupees through issuance of bonds maturing in two years. 

* RELIANCE INDUSTRIES: Has shut another well in the D1 and D3 blocks of Krishna Godavari basin, which resulted in output falling to an all-time low of 8.73 mscmd. Company and CAIRN INDIA are expected to make a strong bid to regain lost ground by attempting to buy stakes in fields relinquished by them. 

* SESA STERLITE: Vedanta Resources plans a two-stage syndication to raise $500 mln to repay dollar-denominated bonds that are due to mature in 2014. 

* SHARON BIO-MEDICINE: Approved increasing tenure of old bonds by five years and issue of new bonds worth $8.04 mln against interest accrued on old bonds. 

* SYNDICATE BANK: Life Insurance Corp of India sold 2.05% stake in the bank through open market operations between Jan 18 and Nov 25. 

* TATA CONSULTANCY SERVICES: Has received an order from Hungary 's central securities depository Keler to implement its market infrastructure solution TCS BaNCS. 

* THERMAX: Got a 2.69-bln-rupee order from a petrochemical company to supply heat recovery steam generators for the latter's captive power plant. 

* UNITED SPIRITS: Promoter Relay BV has bought 1.97 mln shares of the company at 2,400 rupees each in a bulk deal. 

* VOLTAS : Has won three orders worth 10 bln rupees for overseas infrastructure projects. 

* VIPPY INDUSTRIES: Board has approved delisting of the company shares from BSE by buying back 4.3% of outstanding shares from public stakeholders.