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TOP CORPORATE NEWS- 12 OCT 2017

Cyient Q2 earnings better than estimates Cyient Q2 earnings highlights: Net Profit surges 29% at Rs109.7 crore Revenue up 6% at Rs965.4 crore EBITDA up 23.4% at Rs139.8 crore Ø Realty stocks in demand Realty stocks after Finance Minister Arun Jaitley was quoted as stating that there is a strong case to bring real estate

TOP CORPORATE NEWS- 11 OCT 2017

Bharti Airtel, Infratel stock soar; KKR-led fund may buy arm Infratel Shares of Bharti Airtel hit a three-week high on Wednesday after a media report said a global consortium, led by private equity firm KKR &  Co, is in talks to acquire the company’s subsidiary Bharti Infratel and Indus Towers for around $11 billion. The

TOP CORPORATE NEWS- 10 OCT 2017

Vedanta reports 42% increase in mined metal production at Zinc India Vedanta Resources said that the mined metal production at its Indian zinc unit increased by 42% in the first half, boosted by higher ore production across all its mines. The company, which mines zinc in the western Indian state of Rajasthan, said integrated zinc

TOP CORPORATE NEWS- 09 OCT 2017

Reliance Capital stock gains 3.5% as general insurance arm files for IPO Reliance Capital stock surged 3.5% after its general insurance arm, Reliance General Insurance Co, filed draft initial public offering papers with Securities and Exchange Board of India today. The offer involves a fresh equity issue by Reliance General Insurance Co of 16.76 mn

Stocks to look out for 9th oct 2017

Cadila Healthcare Limited : Cadila Healthcare Limited informed the exchanges that its wholly owned subsidiary Zydus received the final approval from the USFDA for Dutasteride Capsules. The stock will be in focus on Monday. Tamil Nadu Newsprint & Papers Limited: The company announced on Friday that it has received CARE A+ ratings for all its

Markets clock weekly gains for first time in 3 weeks

The benchmark Nifty gained 0.92 per cent on Friday, ahead of the outcome of the Goods and Services Tax (GST) Council meet. This rally helped markets register their first weekly gain in the past three weeks. The benchmarks gained 1.2 per cent during the week. Last week, they were down two per cent. However, market participants caution that the

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