Here are stocks that are in news today

IOC cuts petrol prices by Rs 2/litre over the weekend-Keeps diesel prices unchanged (against the expected 50 paise cut)

IOC says:
-Losing Rs 8.64/litre on subsidised diesel sales
-FY13 revenue loss on subsidised fuel sale seen at Rs 86,500 crore
-Companies seen losing Rs 1.63 lakh crore on subsidised fuel sale FY13

Finance Ministry eyes Rs 20,000 crore from 10 percent stake sale in Coal India : CNBC-TV18 Exclusive: Sources
-Finance Ministry proposes Coal India share sale via offer for sale (OFS) route
-Finance Ministry floats note for Cabinet Committee on Economic Affairs (CCEA); seeks comments by April 1
-Finance Ministry proposal for CCEA approved by finance minister
Alert: Post sale, govt to retain 80 percent in Coal India
-Empowered group of ministers (EGoM) to decide if sale to be done in tranches
-EGoM to fix floor price, number of tranches & shares
-EGoM to decide on retaining oversubscription
-Up to 10 percent of OFS size proposed for employees
-Employees to be eligible for shares up to Rs 2 lakh

NALCO OFS: (Only 5 percent sold)
Subscribed 1.2 times; 
-Gets bids for 15.7 crore shares
-Bids at indicative price of Rs 40.05/Share
-Govt sources say disappointed with response to NALCO offer for sale

Govt cuts gold base import price to USD 516 per 10 gram versus USD 521 per 10 gram
-Govt cuts silver base import price to USD 930 per kg versus USD 944 per kg

Money-laundering allegations: ICICI Bank suspends 18 employees pending enquiry
 
Sources say HDFC Bank suspends 20 employees in money-laundering case: NW18
HDFC Bank says:
-Appointed Deloitte Touche Tohmatsu for forensic enquiry 
-Appointed Amarchand &  Mangaldas, Suresh A Shroff & Company to examine breaches, if any 
-To carry out special audit of branches in question 
-Re-reviewing internal & external audits 
-Deloitte to enquire into allegations made by Cobrapost 
-Amarchand, Shroff, Bank’s team to verify allegations 
-Bank to detail out internal checks & safeguards 
-Bank to detail out robustness of compliance 
-Work to prevent, trap, enable pre-fact/post-fact discovery 
-Pre-fact/post-fact discovery with respect to violation of KYC norms 
-Bank examining efficacy of induction 
-Examining ongoing training provided for ingraining ethics

Axis Bank sets up panel to investigate money-laundering allegations
Axis Bank says
-Internal enquiry underway to look into allegations 
-Findings of internal enquiry expected shortly 
-Asked 16 concerned employees to report to administrative offices 
-Senior level committee to monitor investigation daily

ISMA revises India 2012-13 sugar output to 24.6 mt versus 24.3 mt
-ISMA October 1-March 15 sugar output at 21.05 mt versus 21.25 mt (YoY)

Other stocks and sectors that are in news today:
- L&T to raise Rs 2500 crore by selling 20 percent stake in Infra arm valuing the company at Rs 12,500 crore: ET 
-Govt to consider sugar decontrol today: BS
- JSPL eyes majority stake in NMDC ’s Rs 15,000 crore steel plant: ET 
-Private infra firms may be allowed to issue tax-free bonds: BS 
- Shri Dinesh Mills buy back at maximum Rs 91/share 
-Repco Home IPO (closed on Friday): Overall subscribed 1.65 times, QIB 3.4 times, Retail 0.5 times, NII 0.35 times 
-AAI chairman says filing civil suit in Mumbai court against Kingfisher Airlines (KFA) over bounced cheques: CNBC-TV18 Exclusive
- GVK to offload minority stake in Australia Coal Mining project: PTI
- Thomas Cook India gets SEBI nod to issue 3.4 crore shares (13.89%) via IPP
-Power tariff hiked in Bihar by average 6.9 percent per unit w.e.f April 1: PTI
- TVS Motor says marketing president H S Goindi resigns