Tech Mah, RIL, Tata Motors, Bombay Burmah : Stock in news on 15 sept 2008

Tech Mah, RIL, Tata Motors, Bombay Burmah, BT, Tata Motors, ONGC, Reliance, Essar Oil, Cairn India, Tata Tele, bse nse,

BT may sell it’s 31% stake in Tech Mahindra to TCS - ET

NELP crude may attract special tax - ET
- PSUs like ONGC and Oil India would have to pay 100% of additional realization beyond $ 75 cut off
- Private Cos like Reliance, Essar Oil and Cairn India would be required to pay 40% of windfall gains

Exclusive: Tata Motors
- Calls for all suppliers meet on October 16 in Mumbai: Sources
- Has called for suppliers conferenec at National level for first time: Sources

Tata Motors likely to use Pune plant to produce engines for Nano

SEBI says new IPO payment system implemented successfully in 20 Microns IPO

Sasken buyback opens today

TPG India Investments to acquire up to 49% stake for up to $ 120 million in Shriram Retail Holdings; will trigger open offer for Shriram City Union Finance ((Shriram Retail Holdings is holding co of Shriram City Union Finance))

Tata Motors: still in No-delivery period: out on September 16

JM Financial comes out of No-delivery period today

Ex-dividend: Nitco Tiles (Rs 2), Parsvnath (Rs 3)

IFCI still on a lookout for strategic investor but seeks clarity on optionally convertible debentures held by Government Of India - FE

Tata Motors sees 31.25% drop in HCV production - FE

Airline traffic falls by 30% in August

Rs 5000 crore relief package for airlines on card - ET ((Airport charges to go down by half; Excise Duty on ATF likely to go))

GSPC cuts IPO size from Rs 5000 crore to Rs 3500 crore after Gujarat Government’s move to garner 30% of PBT for social causes - BS

Government unlikely to allow Reliance to export LNG from RPL refinery - ET

Enhanced DEPB rate likely to continue for the next six months - ET

Japanese giant NTT DoCoMo to buy 25% of Tata Tele, deal worth Rs 6700 crore - BS

Referendum on SEZ stumps RIL, farmers opinion sought whether they are ready to part with their land- BS

Overseas arm of Wadia owned Bombay Burmah Trading Corp to raise around Rs 900 crore - ET

Government cuts stamp duty on P-notes, debentures - ET
- Duties on P-notes have been cut by 1/5th
- Move to deepen country’s bond markets

Essar Oil close to raising USD 5 billion from 4 banks to fund Gujarat refinery expansion - BL

European Investment Bank Rothschild scouts for potential buyers for four divisions of Corus; Tata denies asking bank to find buyers for those assets - Mint

Bajaj considers new brand for low cost bikes-Mint

DoT to audit user base prior to 2G spectrum allotment, DoT rejects FinMin plea to raise reserve price-ET

Arvind to inject Rs 600 crore into retail and brand expansion till 2012 - Mint source