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Thursday, May 14, 2015

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Cabinet approves Rs20,000 crore budget for 'Namami Ganga Programme
The Union Cabinet has approved a massive Rs20,000 crore budget for ' Namami Ganga Programme' for the next five years towards the conservation of the river – positive for Va Tech Wabag and ITD cementation.

Glenmark Pharma gains after CLSA starts coverage with Buy
Glenmark Pharmaceuticals' shares rose over 2%, touching to Rs913, after CLSA starts coverage with BUY rating and target price of Rs1,060.

TCS China awarded at Global CEO Innovation
Tata Consultancy Services ( TCS) has announced that TCS China has been conferred with two awards at the Global CEO Innovation Summit 2015 in Shenzen.TCS China President accepted the Innovative CEO of the Year Award and TCS China HR received the Best Achievement Award for TCS China University Program.

MAN Inds gets export orders worth Rs510 cr; stk gains
Shares of Man Industries 16% to Rs70.65, after the company said it received orders worth approximately Rs510 crore from international market for oil & gas sector.With these new orders the outstanding executable order book stands at around Rs1300 crore as on date. The new order intake will result in significant improvement in performance of the company in the current financial year, company said

E-tourist visa arrivals for January-April 2015 stand at 94,988 tourists
The Tourist arrival on e-tourist visa during January-April 2015 stood at 94,988 tourists a growth of 1086% over January-April 2014 – positive read through for travel companies such as Cox & Kings and Thomas Cook India.

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