EquityTips

EquityTips
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Thursday, January 9, 2014

                                           

TOP CORPORATE NEWS



·        Infosys Q3 PAT at Rs28.75bn

Infosys Ltd has posted results for the third quarter ended 31st December, 2013.The net profit for the quarter stands at Rs28.75bn, Revenues were Rs13,026 crore, Earnings per share (EPS) were Rs50.32.

·        Tech Mahindra plans to acquire Financial Technologies

Tech Mahindra is planning to acquire Financial Technologies. The company has initiated an evaluation of Financial Technologies for a buyout possibility.

·        United Spirits charts plan to sell Whyte & Mackay
 United Spirits' board approved a plan to sell Whyte & Mackay Ltd (W&M), an indirect wholly-owned subsidiary of the company. The board at its meeting considered a potential sale of Whyte & Mackay Ltd.

·        Jubilant FoodWorks dips on exclusion from MSCI global small-cap index

Jubilant FoodWorks has dipped over 3% to Rs 1,191 after index provider MSCI excluded the company from the MSCI global small-cap index. MSCI is a leading provider of benchmark indices globally.


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