Positive news
· Shriram Transport Finance Corporation: Sanlamto invest $275 mn in Shriram(Details: http://www.financialexpress.com/news/sanlam-to-invest-275-mn-in-shriram/844601/)
· Unitech: 2G scam: Unitech's SanjayChandra says no evidence against him(Details:http://www.dnaindia.com/india/report_2g-scam-unitech-s-sanjay-chandra-says-no-evidence-against-him_1584083)
· UltraTech Cement: UltraTech Cement eyes10% share from Gulf(Details: http://www.financialexpress.com/news/ultratech-cement-eyes-10-share-from-gulf/844570/)
· KRBL,LT Foods and Kohinoor Foods: Sharesof rice exporters jumped up to over 7 per cent on the BSE after the governmentallowed limited export of non-basmati rice(Details: http://www.financialexpress.com/news/shares-of-rice-exporters-rise-over-7/844236/)
· Hero Moto corp ,Bajaj Auto and TVS Motor: Two-wheelers' shares surge on Aug sales(Details: http://www.financialexpress.com/news/twowheelers-shares-surge-on-aug-sales/844032/)
Negative news:
· Consolidated Construction Consortium: Stuck projects hit CCCL orders
· Telecom department still reluctant tookay Essar-Vodafone deal(Details: http://www.dnaindia.com/money/report_telecom-department-still-reluctant-to-okay-essar-vodafone-deal_1585439)
· Adani Power: Adani Power shares fellover 3.5 per cent after reports said that the Appelette Tribunal forElectricity (APTEL) on Thursday rejected its appeal against an earlier order byGujarat state electricity regulator, dealers said.(Details: http://www.financialexpress.com/news/adani-power-down-on-tribunal-order/844158/)
· DLF: Realty giant DLF on Tuesday saidthe land cost and housing prices would increase sharply if the land acquisitionbill is passed in the current form and the government should re-examine thebill.(Details: http://www.financialexpress.com/news/govt-should-reconsider-land-acquisition-bill-dlf/842625/)
· BHEL and L&T: Domestic powerequipment manufacturers like BHEL and L&T Mitsubishi may see a slower flowof orders in the short term due to challenges troubling the sector.(Details: http://www.business-standard.com/india/news/power-equipment-makers-in-for-slow-orders/448688/)
· Reliance Industries: Senate passes billto prevent 'Reliance-Iran type' relations(Details: http://www.business-standard.com/india/news/senate-passes-bill-to-prevent-reliance-iran-type-relations/146348/on)
· NALCO: Insufficient power supply hasforced state-run National Aluminium Co Ltd (NALCO) to cut its daily aluminiumoutput by about 6%, a senior company official said on Saturday.(Details: http://www.business-standard.com/india/news/nalco-temporarily-cuts-daily-outputpower-shortage/146367/on)
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