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Tuesday, August 19, 2014

Adani Ports gains on Dharma Port expansion plan
Adani Ports and Special Economic Zone has soared nearly 5% on reports that the company is planning to expand Dhamra Port's capacity to 100 million tonnes (MT) per annum. The expanded capacity will be four times the port’s current capacity of 25 MT a year.

JSW Steel gains on pact to acquire Welspun Maxsteel
Shares of JSW Steel were up 1.3% after the company said it has entered into an agreement with Welspun Enterprise to acquire entire equity shares of Welspun Maxsteel for Rs 1,000 crore.

Arvind enters e-commerce with 'Creyate'; eyes Rs 1Kcr sales
Arvind has forayed into the e-commerce segment with custom clothing brand 'Creyate'. The company aims to achieve Rs 1,000 crore sales in next three years from this launch.

Ajanta Listed on Forbes Asia's '200 Best under Billion' 2014
Ajanta Pharma has announced that the Company has featured in the ‘Asia’s 200 Best corporations under a Billion 2014’ released by the Forbes Asia business magazine in the August 18, 2014 issue.

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