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Wednesday, November 12, 2014

Equity Tips
eBay ties up with NIIT for e-commerce certification programme
eBay has partnered with IT talent development firm NIIT to start a certification programme for the e-commerce sector in a bid to address skills gap, increase employability and create job opportunities.

Cognizant acquires digital solutions company Odecee
Cognizant today announced the acquisition of Odecee, a digital solutions company based in the Australia and New Zealand region. The terms of the transaction were not disclosed.

Tata Steel Q2 net up 37% at Rs 1,254 cr
Steel manufacturer Tata Steel reported a 37% growth in net profit at Rs 1,254 crore for the quarter ending September 2014. It was Rs 917 crore in the same period a year ago.However, net sales dropped 2% to Rs 35,503 crore as against Rs 36,369 crore in September 2013.

Aurobindo wins Natrol bid with $132 million
Hyderabad-based Aurobindo Pharma Limited said on Wednesday it's US subsidiary Aurobindo Pharma USA Inc. was emerged as the highest bidder with $ 132 million (around Rs 812.5 crore) for acquisition of nutritional supplement maker Natrol Inc and other affiliates.

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