TOP CORPORATE NEWS-2 July 2014

Realty stocks advance on hopes of favorable announcements in Budget
Shares of nine real estate developers rose by 0.11% to 2.46% on hopes of favorable announcements for the sector in the final Union Budget 2014-15 to be unveiled on 10 July 2014.

TVS Motors Company records total sales of 2.02 lakh units in June 2014
TVS Motors Company recorded 23% growth in sales during the month of June 2014, with total primary sales increasing from 164,128 units recorded in the month of June 2013 to 202,177 units in the month of June 2014.

Reliance Communications allots equity shares
Reliance Communications announced that the QIP Committee of the Board of Directors of the Company, at its meeting held on 02 July 2014, has issued and allotted 33,82,86,197 Equity Shares of face value of Rs 5 each to the eligible Qualified Institutional Buyers at a price of Rs 142.14 per Equity Share.

IndusInd Bank launches online store for its customers
IndusInd Bank Ltd has launching an online store from where its customers can redeem their reward points for purchase of merchandise from an online catalogue.

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