FREE DAILY STOCKS REPORT: 21.08.2012

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STOCKS ALERT (21.08.2012)

* APAR INDUSTRIES: The company's board approves 47.5% stake buy in unlisted joint venture company.

* ASHOK LEYLAND: To roll out its completely electronically governed Neptune engine by end of this year.

* BAJAJ AUTO: Japan 's Nissan is yet to take a call on its partnership with the Indian company for sourcing of ultra-low cost car as it reviews priorities in the entry-level small car segment in India .

* BILCARE: Has signed pact with United Drug Plc to sell its global clinical supplies businesses in the US and UK for $61 mln.

* BPL: Plans a comeback into the communications business with a 400-mln-rupee investment in the handset market.

* CIPLA: Chairman and Managing Director Y.K. Hamied said the company, which may look at setting up facilities overseas, is in the process of setting up a separate team of officials to cater to its US business.

* COAL INDIA: Has invited firms to provide consultancy services for optimising tax and regulatory issues at its Mozambique subsidiary. International Coal Ventures has said it has not received any communication from the company to quit the consortium for acquiring coal assets overseas.

* ESSAR OIL: Company's Vadinar power plant is likely to start operations by September.

* GATI: Plans to procure additional 190 reefer trucks in next three years to expand cold chain operations.

* GITANJALI GEMS: Eyeing up to 8-bln-rupee revenue from upcoming India International Jewellery Show. May unveil four new brands at the exhibition.

* GLAXOSMITHKLINE PHARMACEUTICALS: Has stopped operations at its Thane factory as all employees opted for the voluntary retirement scheme.

* GOLDEN TOBACCO: Recalled a loan from Indiabulls Financial Service.

* GMR INFRASTRUCTURE: Defended itself against charges levelled in the report of the CAG by citing the Supreme Court verdict upholding levy of the airport development fee.

* HINDALCO INDUSTRIES: May double group sales to $33 bln in five years as Audi AG and other European carmakers swap steel with aluminium for their cars.

* IDEA CELLULAR: Telecom Disputes Settlement and Appellate Tribunal has admitted company's petition against Department of Telecom's penalty of 3 bln rupees on the company for allegedly holding over 10% stake in two firms in six circles.

* IMP POWERS: Announced the launch of its subsidiary company, IMP Energy, which will set up small hydro projects mainly in the north and north eastern parts of the country.

* INFOSYS: US district court has dismissed a case against the company by former employee in the case of alleged visa-abuse, citing "no basis to support any of the charges".  Twelve foreign funds have voted against the company's proposed plan of a restricted stock unit plan for employees.

* JSW STEEL: JFE Steel Corp has inked pact with the company to provide technology for automotive steel production.

* KINGFISHER AIRLINES: Ten flights scheduled to operate in and out of Mumbai on Monday were cancelled due to the ongoing "no pay no work" protest by pilots and engineers.

* MINDVISION CAPITAL: The company's board has approved consolidation of two shares into one.

* NATIONAL ALUMINIUM CO: Has been accused by Mahanadi Coalfields of not lifting coal allotted to it.

* NTPC: Will tie up coal linkages for nearly half its capacity addition beyond the 12th Five-Year Plan by the end of the month.

* PONNI SUGARS: The company's Erode cogeneration power plant feeding to grid.

* RANBAXY LABORATORIES: The company's US arm has launched generic pioglitazone hydrochloride tablets in that market under a pact with Takeda Pharmaceuticals.

* RELIANCE CAPITAL: Reliance Life Insurance may offload 5% stake to banks; company is seeking partner to expand its base in bancassurance channel.

* RELIANCE INDUSTRIES: And BP India are in talks to provide long-term liquefied natural gas to five power producers in Andhra Pradesh--GVK POWER, GMR INFRASRUCTURE, LANCO INFRATECH, Sravanthi Energy, and Konaseema Gas. The company and partner BP have raised the estimate of recoverable gas reserves from the KG-D6 block to 5 trln cubic feet. BP is preparing to invest $4-$5 bln in the block over the next few years.

* RELIANCE POWER: The CAG blamed the government for vitiating the tender process in the award of Madhya Pradesh-based ultra mega power project to the company.

* SATYAM COMPUTER: And Microsoft have tied up to modernise business operations of Department of Motor Vehicles ( New Jersey ).

* SESA GOA: Commissioning of its metallurgical coke plant's expanded facility near Panaji has been delayed by three weeks after two diesel burners misfired

continuously for two days.

* TATA POWER: Chairman Ratan Tata said problems in acquiring land, procurement of coal, and environment clearances are impeding growth of the power sector.

* TIPS INDUSTRIES: The company has postponed its share buy-back offer.

* WELSPUN INDIA: Said IFCI sold its entire 6.77% stake in the textile company in the open market.

* WOCKHARDT: To launch generic of Comtan tablets, used to treat Parkinson's disease, in the US with 180-day marketing exclusivity.

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