Evening Business News Round Up

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  • Citigroup Cuts Long-Term Iron Ore Forecast To $55 As Demand Shrinks
  • Rbi Likely To Cut Policy Rates By 0.25% On June
  • Delhi Hc Allows Greenpeace To Use Two Accounts To Get Domestic Donations
  • Tata Motors Falls 7%, Analysts Still Bullish Post Q4 Nos 
  • Tech Mah Sinks 14% Post Q4 Nos 
  • Pnc Infratech Surges Over 15% On Second Day Of Debut 
  • Aban Offshore Net Profit Down 28%; 4q Net 1.14b Rupees
  • United Spirits’ Net Loss Declines To Rs 1,799 Crore In Q4 
  • Gail (India) Dips Post Q4 Results 
  • Abg Shipyard Hits Six-Year Lows As Q4 Loss Widens 
  • Ttk Prestige Net Plunges 61% To Rs 10 Crore In Q4 

  • Zee Learn 4q Net 38.1m Rupees Vs 17.3m Loss 
  • Niit Ltd. 4q Loss 1.09b Rupees Vs 253m Profit 
  • Balrampur Chini Mills 4q Net 758.2m Rupees Vs 1.9b 
  • West Coast Paper 4q Loss 220.7m Rupees Vs 100.4m Profit 
  • Indoco Remedies Qtr Net 187.5m Rupees; Est. 238m 
  • Max India 4q Net 840m Rupees Vs 620m Yr Ago 
  • Redington (India) 4q Net 1.23b Rupees; Est. 1.23b 
  • National Fertilizers 4q Loss 1.01b Rupees Vs 98m Loss 
  • Astrazeneca Pharma India 4q Net 381.3m Rupees Vs 25.7m Loss 
  • Novartis India 4q Net 519.4m Rupees Vs 238.8m 
  • Tata Chemicals 4q Loss 741.7m Rupees Vs 12.3b Loss
  • Reliance Infra 4q Net 4.59b Rupees
  • Gail (India) 4q Net 5.11b Rupees 
  • Health Policies To See Spike In Premiums If Cpi+3 Formula Is Used 
  • Sahara Enters Fray To Buy Back Grosvenor Hotel 
  • Sasken Communication Seeks Shrholder Nod For Shr Buybk

  • Minda Ind Board Approves Investments In Indonesia, Singapore Units
  • Firstsource Refinances Long-, Short-Term Loans Of Units 
  • Alibaba Ties Up With Allcargo Arm Ecu Line To Ship Less-Than-Container Load Consignments  
  • Zostel In Talks To Raise $15 Million From Tiger Global 
  • Vedanta Says Will Work To Lift Cap On India Iron Ore Output 
  • Coal Linkage To Katwa Power Plant Will Help Ntpc Float Tender 
  • Infosys Hopeful Of Meeting $20-Bn Revenue Target By 2020
  • Sbi General Posts 33% Rise In Premium For Fy15 
  • Aban Offshore To Raise Up To $400m Via Fccb, Gdr, Adrs 
  • Cipla, Serum In Distribution Pact For Flu Vaccine For India 
  • Tanzania To Buy Back Bharti Airtel’s Stake In State Telecom 
  • Wockhardt Rises 11%; Usfda Completes Waluj Inspection 
  • Indigo To File For $400mn Ipo By July, May Offer 25% 
  • Sensex, Nifty End Flat; F&O Expiry Eyed, Banks Lead Gainers 
  • Vedanta To Buy Up To 5.33% Stake In Cairn India On June 3 

 

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