STOCK UPDATE

ADANI POWER: Has won a contract for supply of 50 MW power to Indian Railways
for three years at a landed price of 3.69 rupees per unit. (Cogencis)

* AMTEK AUTO: Has hired Morgan Stanley to find buyers for a minority stake in
its overseas units. (ET)

* AXIS BANK: The Enforcement Directorate has unearthed a foreign exchange
scam related to the bank. (CNBC TV18)

* COLGATE PALMOLIVE INDIA: Domestic institutional investors' stake in the
company fell 255 bps on quarter to 5.93% as on Sep 30, while foreign
institutional investors' stake rose marginally to 17.64% from 17.29% earlier.
(Cogencis)

* CYIENT: Has posted a net profit of 985.2 mln rupees for Jul-Sep, up 9.25%
year-on-year and net sales of 7.05 bln rupees, up 4.9% on year. (Cogencis)

* DCB BANK: The Enforcement Directorate has unearthed a foreign exchange scam
related to the bank. (Various)

* DHANLAXMI BANK: The Enforcement Directorate has unearthed a foreign exchange
scam related to the bank. (Various)

* DLF: Securities and Exchange Board of India has requested the Supreme Court to
restrict DLF's fund-raising plan and stop the company and its affiliates from
dealing in securities in any manner till the outcome of a pending appeal in
the court relating to non-disclosure of information during its 2007 IPO. (ET)

* FINANCIAL TECHNOLOGIES INDIA: National Spot Exchange has opposed Ministry of
Corporate Affairs' proposal to merge it with the company terming it "illegal
and malafide". (IE)

* GAIL INDIA: Has signed a pact with Jharkhand government for construction of
the company's Jagdishpur-Haldia gas pipeline. (Cogencis)
    Petroleum and Natural Gas Regulatory Board has ordered encashing part of the
company's performance bank guarantee after the state-owned firm failed to
achieve financial closure of the Surat-Paradip gas pipeline project even after
three years. (ET)
    The company and NTPC will invest 5 bln rupees each into a separate company
formed to take care of the liquefied natural gas business of the former's
Ratnagiri Gas and Power Pvt Ltd, while a consortium of banks will invest
another 10 bln rupees. (BL)

* GUJARAT STATE PETRONET: Foreign institutional investors' stake in the
company rose by 248 basis points quarter-on-quarter to 13.76% Sep-end, while
domestic institutional investors' stake rose by 187 bps to 31.59%. (Cogencis)

* HARRISONS MALAYALAM: Workers at the company's plantation ended their 17-day
strike after it reached an "amicable" settlement with the trade unions.
(Cogencis)

* HIMATSINGKA SEIDE: Has posted a net profit of 415.8 mln rupees for Jul-Sep,
up 76.79% on year and net sales of 5.3 bln rupees, up 4.7% on year. (Cogencis)

* HINDUSTAN PETROLEUM CORP: Public Enterprises Selection Board has recommended
M.K. Surana's name for the next Chairman and Managing Director of the company.
(Cogencis)

* HOUSING DEVELOPMENT & INFRASTRUCTURE: Foreign institutional investors' stake
in the company declined by 388 basis points quarter-on-quarter to 44.50% as of
Sep-end, while domestic institutional investors' stake rose by 44 bps to 0.6%.
(Cogencis)

* ICICI BANK: The Enforcement Directorate has unearthed a foreign exchange scam
related to the bank. (various)

* INDUSIND BANK: Foreign institutional investors' stake in the company rose by
420 basis points quarter-on-quarter to 42.8% Sep-end, while domestic
institutional investors' stake rose by 161 bps to 11.02%. (Cogencis)
    The Enforcement Directorate has unearthed a foreign exchange scam related
to the bank. (various)

* ING VYSYA BANK: The Enforcement Directorate has unearthed a foreign exchange
scam related to the bank. (various)

* JET AIRWAYS INDIA: Has announced 19 new domestic flights as a part of its
winter schedule. (Cogencis)

* L&T INFRASTRUCTURE FINANCE: Plans to raise up to 1 bln rupees, including
greenshoe option of 500 mln rupees, through issuance of non-convertible
debentures on a private placement basis. (Cogencis)

* KOTAK MAHINDRA BANK: The Enforcement Directorate has unearthed a foreign
exchange scam related to the bank. (various)

* MINDTREE: Has posted a net profit of 1.6 bln rupees for Jul-Sep, up 15.14%
on year and income from operations of 7.05 bln rupees, up 31.6% on year.
(Cogencis)
    The board of Mindtree have approved the merger of two of its US-based
subsidiaries, Discoverture Solutions LLC and Relational Solutions Inc, with
itself. (Cogencis)

* NESTLE INDIA: National Consumer Disputes Redressal Commission has ordered
testing 13 samples of Maggi noodles in Mysore to determine if the samples
contained any lead and monosodium glutamate. (Cogencis)

* ORIENTAL BANK: The Enforcement Directorate has unearthed a foreign exchange
scam related to the bank. (CNBC TV18)

* PARSVNATH DEVELOPERS: Has launched a two-, and three-bedroom residential
project "Parsvnath Aakanksha" in Jodhpur. (Cogencis)

* POWER FINANCE CORP: Life Insurance Corp of India's stake in company rose by
295 basis points sequentially to 10.82% in the quarter ended September, while
domestic Institutional Investors' stake in the company rose 421 bps to
13.90%. (Cogencis)

* RAYMOND: Is investing $100 mln to set up a plant of capacity 2 mln units
per annum in Ethiopia to make and export woollen-blended, cotton-blended
jackets. (FE)

* SKF INDIA: Foreign institutional investors' stake in the company increased
by 430 basis points on quarter to 12.34% as on Sep 30, while domestic
institutional investors' stake fell 401 basis points to 20.02%. (Cogencis)

* SPICEJET: Will start operating late-night flights on the domestic
circuit--between Delhi and Bengaluru and Delhi and Nanded, from Nov 2.
(Cogencis)

* SUBROS: Has received an order worth 150 mln rupees from Indian Railways to
supply cab mounted heating, ventilating and air conditioning units. (Cogencis)

* TATA CHEMICALS: Has launched a range of spices under the Tata Sampann
brand, priced between 35 and 80 rupees for a 20-gm pack. (Cogencis)

* TATA MOTORS: The company's group global wholesale sales, including those of
UK-based arm Jaguar Land Rover Automotive Plc, rose 21% year-on-year to
97,102 units in September on the back of higher passenger vehicles sales.
(Cogencis)

* TORRENT POWER: Central Electricity Regulatory Commission has approved a
tariff of 6.29 rupees a unit for the company's 1,147.5 MW SUGEN power plant
in Gujarat for 2014-19 (Apr-Mar). (Cogencis)

* UNITECH: Plans to raise 13-14 bln rupees through sale of land and stakes
in existing projects. (Mint)

* V-GUARD INDUSTRIES: Has posted a net profit of 230.63 mln rupees for
Jul-Sep, up 20.33% on year and net sales of 4.3 bln rupees, up 0.9% on year.
(Cogencis)

* YES BANK: The Enforcement Directorate has unearthed a foreign exchange
scam related to the bank. (various) End