Stocks in news..

Tamil Nadu CM writes to PM on Neyveli Lignite (NLC) union strike issue -It could have crippling impact on power availability in state
-Labor unrest will result in state losing 1178 mw of power
-Power shortages will entail additional power cuts in state
-Entire south zone will be affected by loss of 2500 mw
-Power generation has come down by 400 mw already
     
Department of Divestment - on NLC stake sale
-Asks Tamil Nadu govt to nominate officials for further talks with SEBI

BGR Energy offer for sale (OFS): CMP Rs 123
-Subscribed 1.72 times; gets bids for 37.4 lakh shares
-Indicative price at Rs 119.24/share

Lupin says: PTI
-Scouting for global acquisitions of brands
-Company looking at brands in US, Japan and China to expand global footprint

SEBI on Gillette 
-Freezes all corporate benefits of promoters for not meeting minimum public shareholding (MPS)
-Bars promoters, directors from dealing in securities of company
-Restrains promoters, directors from holding any new position
-Order shall come into force with immediate effect
-Promoters, directors can file their replies within 21 days
-Freezes 55.04 percent voting rights of promoters
-Effective voting rights of company, Poddar Group capped at 33.72 percent
-Freezes promoters' rights till company complies with MPS norms

Wockhardt (stock under pressure on Friday)
-Company gets import alert from UK MHRA for Waluj plant
-Sales to UK market from Waluj less than Rs 100 crore per annum
-Products will be available for shipment from alternative sites
-To have negligible impact on financials

Bajaj Hindusthan
-Company seeks shareholders' approval to divest its stake in Bajaj Energy
Alert: Bajaj Hindusthan holds 29.96 percent stake in Bajaj Energy