Oil India IPO closes today, subscribed
-Overall 4 times
-QIB 7.2 times
-Retail 0.31 times
-HNI 0.04 times

NSE revises index changes date:
-IDFC & JP Associates to replace Nalco & Tata Communication in Nifty from October 22 ((versus October 20 earlier))

Mint Exclusive
-Axis AMC, Indiabulls join race for DBS Chola
-Mint Alert: CNBC reported on September 7 L&T Finance bidding for DBS Chola

Other stocks that are in news today:
Saroj Dutta to CNBC-TV18: Jet’s loss of revenue due to strike at around $6 million a day
Madhucon Project plans to merge 3 SPVs into 1, then raise Rs 500-600 crore – DNA
IVRCL plans to consolidate holding in SPV under one roof before unlocking value – DNA
Cement prices down by Rs 3/bag in Mumbai to Rs 255/bag – DNA
Sobha Developers likely to get nod for Rs 5,000 crore township project in Kochi this week – DNA
L&T Finance says open to both starting up or acquiring an AMC
Shasun Chemicals sells plant of subsidiary in Scotland ((plant was closed in March))
Henkel set to sell factory Kolkata factory to VVF – DNA
Disa India revised open offer opens on September 16, closes on October 5
Varun Industries’ Madagascar subsidiary signs production sharing contract for off-shore gas block
3.32 crore Sesa Goa shares to hit market ((preferential allotment))
Ex-dividend: Hindalco @ Rs 1.35
Ex-bonus: Hiran Orgochem @ 4:1
Ex-event: Himachal Fibres ((reduction of capital))

Indian ADRs: Satyam, ICICI Bank up 4%, Infosys up 2%, HDFC bank up 1%

S:MC