EARNINGS TODAY: * Crisil: Median adj est. 681m (7 analysts) * - TopicsExpress

EARNINGS TODAY: * Crisil: Median adj est. 681m (7 analysts) * Info Edge: Est. 373m (11 analysts) * Reliance Infrastructure: Est. 3.54b (5 analysts) * Reliance Power: Est. 2.78b (9 analysts) * SKF India: Est. 529m (6 analysts) * Zee Entertainment: Est. 2.13b (22 analysts) * Clariant Chemicals, HIL, Mount Everest Mineral, Sabero Organics, Supreme Petrochem, Tata Elxsi India�s SGX CNX Nifty Index futures for July delivery fall 0.3% to 7,630.5. Nifty added 0.2% yday to 7,640.45. Foreign investors bought net 6.38b rupees of stks on July 16, according to Central Depository Services website. MSCI A-P index -0.4%. Watch these equities today * Agro-Tech Foods (ATFL): 1Q net income 53.5m rupees vs 73m est. * Arshiya (ARSL): Allots 45m shrs on preferential basis to founders * Bajaj Electricals (BJE): Wins 887.3m-rupee order * Bajaj Holdings (BJHI): 1Q net income +33% y/y to 1.48b rupees * Bharti Airtel (BHARTI): Targets 18% Nigeria growth as regulators appeased * Cipla (CIPLA): Unit acquires 75% stake in Mabpharm * City Union Bank (CUBK): QIP issue price at 75.05 rupees/shr * Coal India (COAL): Cut to hold vs buy at Deutsche Bank * Fortis Healthcare (FORH): Ties up with Aashlok Hospital * Glenmark Pharmaceuticals (GNP): Plans new manufacturing facility in U.S. * GMR Infrastructure (GMRI): G.M. Rao plans to raise stake by 5%: Business Standard * Gujarat Pipavav Port (GPPV): Cut to underperform vs outperform at Standard Chartered Bank * Havells India (HAVL): Cut to neutral vs buy at UBS * Hindalco Industries (HNDL): Raised to buy vs sell at SBI Capital * Jet Airways (JETIN): Says Europe flights not using Ukrainian airspace on safety * JSW Steel (JSTL): No communication on cancellation of power purchase agreement; asks West Bengal govt to facilitate iron ore supply * Kavita Fabrics (KAFL): Trades ex-bonus * Mahindra & Mahindra (MM): Golboot Holdings sold 11.8m shrs yday; Goldman Sachs Singapore bought 4.26m shrs, Fidelity Destiny bought 4.56m shrs yday: BSE * Mindtree (MTCL): 1Q net income -4.4% y/y to 1.29b rupees, est. 1.24b; cut to underperform vs neutral at Macquarie Research * Onelife Capital (OCAP): Gets 352.5m rupees from 3 parties on SEBI directive * Panama Petrochem (PNPC): To consider stock split July 28 * PVR (PVRL): PT +16% to 815 rupees at UBS, kept buy * Rallis India (RALI): 1Q net income +35% y/y to 369.8m rupees, est. 394m * Raymond (RW): PT +35% to 540 rupees at UBS, kept buy * Repco Home (REPCO): First Carlyle Growth sold 11m shrs yday;Smallcapworld Fund bought 4.04m shrs yday: NSE * Rolta India (RLTA): Unit raises $300m * RS Software (RSST): 1Q net income +55% y/y to 158.2m rupees * Sequent Scientific (SEQ): Morgan Stanley Asia bought 251,418 shrs yday: BSE * Shiv-Vani Oil (SVOG): To seek shareholders approval for debt recast plan * State Bank of India (SBIN): May raise 200b rupees via share sale over 2 yrs: Economic Times * Suzlon Energy (SUEL): To invest $40m-$50m in Brazil wind turbine plant * Tata Consultancy (TCS): 1Q net income 50.6b rupees vs 48.9b est.; to pay special div. of 40 rupees/shr; to merge WTI Advanced Technology unit with co. * Tata Power (TPWR), Reliance Infrastructure (RELI): Power tariff raised in India capital in boost for Reliance, Tata * Tata Steel (TATA): Odisha factory first phase to start by end of FY15 * United Spirits (UNSP): CMA consulting on Diageo purchase of UNSP stake * Wipro (WPRO): Reports 10-yr outsourcing pact with ATCO EX-DIV: * Ador Welding, Bhageria Dye-Chem, CIL Securities, Centum Electronics, Elecon Engineering, Greaves Cotton, Ipca Laboratories, L&T Finance, Ramco Industries, Shriram City Union, Sintex Industries, Tata Investment, Techno Electric, Ramco Cements COMMODITIES: * Brent crude up 0.6% at $108.49; gold down 0.3% at $1,315.67. Source: Bloomberg