GOLDEN RULES FOR TRADING

FREE STOCKS ALERT - 06.12.2013

* ABB INDIA: Company has settled the case related to alleged non-compliance of takeover norms with SEBI after payment of 369,000 rupees as consent settlement charges. 

* ABG SHIPYARD: Group of 22 banks is close to recasting 100 bln rupees of loans advanced to the company under the corporate debt restructuring process.

* APOLLO TYRES: Has launched its European brand Vredestein, under which it will sell tyres for luxury cars, and premium sports utility vehicles in India . The company has decided to put its $650 mln investment plans for capacity expansion in South east Asia and Europe on hold pending the US court decision
on its proposed buyout of Cooper Tyre. 

* BHARTI AIRTEL: Standard & Poor's Ratings Services has revised its outlook on the company to positive from stable. 

* CAIRN INDIA: To invest up to $750 mln on KG-basin block over five years. 

* COAL INDIA: Unions representing the company's workers have reaffirmed their decision to go on a three-day nationwide strike starting Dec 17. 

* DLF: Company expects to cut net debt to 130 bln rupees in three years, from 195 bln rupees, as on September 30. 
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* EMPEE SUGARS: Has decided to sell its 10 MW biomass-based power plant in Tamil Nadu. 

* FINANCIAL TECHNOLOGIES INDIA : Economic Offences Wing of Mumbai police will investigate brokers' role in arm National Spot Exchange case. Worried brokers have raised concerns about the fate of ODIN - the front end software that the company sells to over 70% of market participants.

* HINDUJA GLOBAL SOLUTIONS: The company aims to increase offshore contribution to 35-37% from 33% currently and sees margins picking up in Oct-Mar on lower training costs.

* JAGRAN PRAKASHAN: Has announced a buyback of up to 5 mln shares at a price of 95 rupees each. 

* JET AIRWAYS INDIA : The Securities and Exchange Board of India is debating whether to re-open the issue of an open offer for shareholders of the company. 
* JK TYRE & INDUSTRIES: Has begun to rely more on the replacement segment to gain market share. 

* JINDAL STEEL AND POWER: Company said its recent price hike of steel products will not affect sales. 

* LANCO INFRATECH: Company's debt recast package is likely to be approved by the corporate debt restructuring committee next week after the company agreed to bring down the additional funds sought from banks as part of the recast. 

* MAHINDRA & MAHINDRA: To voluntarily recall 900 units of its Scorpio Ex variant, manufactured between October and November, to replace a part.

* MPHASIS: Posted 1.25% quarter-on-quarter fall in Aug-Oct consol net profit at 1.90 bln rupees. Net sales up 3.52% q-o-q at 15.94 bln rupees. 

* MUTHOOT CAPITAL SERVICES: The company's Chief Finance Officer, Anil Kumar, resigned Nov 30, 2013.  

* NTPC: The state government has instructed power trading company Gridco to engage an independent agency to find out power purchase rate from the company.

* OIL AND NATURAL GAS CORP: Company said it cannot make new investments needed to arrest falling oil production from ageing fields. 

* PIRAMAL ENTERPRISES: Vodafone Plc has offered a 50.84% premium to the company for its investments in Vodafone India . 

* POWER GRID CORP: Follow-on public offering of company has been subscribed five times and has seen bids worth more than 300 bln rupees.

* PUNJAB NATIONAL BANK: Has increased the price of shares that it will issue to the government to 581.63 rupees from 578.05 earlier. 

* RELIANCE COMMUNICATIONS: Has been assured by Apple Inc of guaranteed iPhone 5s supplies from Dec 10.

* RELIANCE INDUSTRIES: Company expects KG-D6 basin output to remain at 10 mscmd or slightly higher till 2018. 

* SAINT GOBAIN SEKURIT INDIA : Shareholders reject merger with Grindwell Norton. 

* SIEMENS: The company's Infrastructure & Cities business will take a more selective approach to new projects to boost profitability. 

* TATA MOTORS: Arm Jaguar Land Rover to set up a 24,000-units/year manufacturing unit in Brazil with an investment of 240 mln pound sterling. 

* VIDEOCON INDUSTRIES: The Bombay High Court has asked the company to pay Italian Bank Intesa Sanpaolo, its dues of over 2.6 bln rupees by Jan 27, failing which the group will face winding up proceedings. 

* VIRINCHI TECHNOLOGIES: Will diversify into healthcare services.