Tuesday, 3 July 2018

Stock Market Corner

Stock Corner

1.                   Reliance Industries acquired NASDAQ listed Radisys Corporation for $75mn.



2.                   Fortis said that SEBI has ordered a forensic audit with respect to that company.
3.                   Bharat Financial Inclusion completes second securitization transaction in 2018-19.
4.                   Bharat Hotels, which runs five-star properties under 'The LaLiT' brand, has filed draft prospectus with capital markets regulator to garner Rs 1,200 crore through its initial share-sale.
5.                   Billionaire Anil Agarwal-led Vedanta Resources plc will delist from the London Stock Exchange after promoter group made a cash offer to buy out about 33 per cent of the public shareholding in the company.
6.                   Bajaj Auto on Monday reported a 65 per cent jump in total sales to 4,04,429 units for June. The company had sold 2,44,878 units in the same month a year ago.

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