EquityTips

EquityTips
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

free stock cash Tips

Sunday, January 26, 2014

TOP CORPORATE NEWS

·        GMR Infra board approves raising of Rs 2500cr

GMR Infrastructure’s board of directors has approved raising up to Rs 2,500 crore through issue of securities or foreign currency convertible bonds.

·        Tata Motors plans to reduce staff

Tata Motors is planning to slash a section of its workforce to restructure its domestic manufacturing operation .The company initiated two voluntary retirement programmes early separation scheme (ESS) and compulsory retirement scheme across its main commercial vehicle plants in Jamshedpur, Lucknow and Pantnagar.

·        SKS Microfinance registers 31% increase in PAT

SKS Microfinance Limited announced a 31% increase in PAT to Rs. 21.4 crore in Q3-FY14 from Rs. 16.3 crore in Q2-FY14. This is the Company’s fifth consecutive quarter of profit post its turnaround in Q3-FY13 with a profit of Rs. 1.2 crore.

·        ONGC signs MOU with Mitsui

Oil & Natural Gas Corporation Ltd has signed an MoU with Mitsui for cooperation in pursuing petroleum and natural gas opportunities. In August 2012, ONGC and Mitsui had entered into MOU for wide ranging cooperation in gas and LNG business.

·        Torrent Power drops after reverse turnaround in Q3


Torrent Power lost 3.79% after the company reported consolidated net loss of Rs 35.51 crore in Q3 December 2013 as against net profit of Rs 95.66 crore in Q3 December 2012.

0 comments:

Post a Comment