NEWS CORNER
1.
Shares of Den Networks and
Hathway Cable & Datacom fell more than 5% for the second straight session
after the Reliance Industries’s (RIL) chairman Mukesh Ambani on Thursday
announced the launch of Jio’s fibre to home or fixed line broadband services
called Jio GigaFiber.
2.
Bandhan Bank’s Chandra Shekhar
Ghosh gets RBI nod to be re-appointed as MD & CEO till July 2021.
3.
Apollo Hospital Enterprises
acquired 50% stake in Medics International Lifesciences for Rs91cr.
4.
Welspun Enterprises won HAM
project worth Rs2,004.51cr and first year O&M cost of Rs5cr from NHAI.
5.
India Infoline Finance raising
Rs325cr from CDC Group (A UK Government-owned development finance institution)
via rupee denominated Tier II bonds.
6.
Shares of automobiles companies
were in focus with Nifty Auto and the S&P BSE Auto index gaining nearly 2%
on expectations of healthy demand during the current financial year 2018-19
(FY19).
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