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Tuesday, April 15, 2014

Infosys Q4 net beats street, FY15 $ rev guidance at 7-9%
Infosys beat the street by reporting fourth quarter net profit at Rs 2,992 crore, up 4 percent compared to previous quarter in FY14. Net profit in dollar terms increased 5.2 percent Q-o-Q to USD 487 million in the quarter gone by.

Gruh Finance spurts after strong Q4 results

Gruh Finance rose 7.36% after the company's net profit rose 16.71% to Rs 73.60 crore on 31% growth in total income to Rs 254.42 crore in Q4 March 2014 over Q4 March 2013.

United Spirits at record high on Diageo's open offer

Shares of United Spirits hit record high up 15 percent intraday. Global liquor company Diageo has announced to launch tender offer to acquire 26 percent further in United Spirits.

MindTree gains as board to consider bonus issue proposal
MindTree gained 1.67% after the company said that its board of directors will consider a proposal for declaration of bonus shares tomorrow, 16 April 2014.

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