TOP CORPORATE NEWS
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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.
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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.
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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.
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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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