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TOP CORPORATE NEWS-17 Nov 2014

Equity Tips
Tata Docomo launches Public Wi-Fi access in Connaught Place
NDMC has partnered with Tata Teleservices to provide Wi-Fi service, which will cover the inner and outer circles of one of the most significant business and leisure centres in the city.

Anant Raj jumps on robust Q2 earnings
The company posted 3-fold jump in Q2 net profit on y-o-y basis. the company had informed the BSE that the company's net profit jumped 246 per cent, which stood at Rs 102 crore for Q2FY15, against Rs 29.42 crore for Q2FY14.Total income also surged 95 per cent to Rs 195 crore from Rs 100 for the above mentioned period.

JSW Energy, JP Power in demand
The board of directors of  Jaiprakash Power Ventures, a fully owned subsidiary of the Jaypee group, has approved the 100% transfer of businesses of its operating power plants — the 300-Mw Baspa-II  hydroelectric plant (commissioned in 2003) and the 1,091-Mw Karcham Wangtoo plant (commissioned in 2011), in Himachal Pradesh.

The stock so far has touched a high of Rs 494 on the BSE. The company reported over 9.5 per cent growth in Q2 net profit to Rs 68 crore in the quarter ended September, 2014, as compared to Rs 62 crore in the quarter ended June, 2014 on 14 November. Total income was also up by 8.3 percent at Rs 889 crore from Rs 821 crore in the same above mentioned period.

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