CAPITALSTARS
TOP CORPORATE NEWS
Britannia keen to set up
agro-processing unit in Andhra Pradesh
Britannia keen to
set up agro-processing unit in Andhra Pradesh to tap southern market – long
term positive for the stock .Britannia has shown interest to set up an
agro-processing facility in Chittoor district of Andhra Pradesh. The capex for
the facility is expected to be Rs125 crore, which is likely to take off by 2016
end. The idea behind setting up the plant in Andhra Pradesh is to better serve
the southern markets such as Chennai and Bengaluru.
Tara Jewels secures order worth
$8 million
Tara Jewels secured
new order of $ 8 million (Rs53.44 crore) for delivery by October 15, 2015 to
Walmart USA, for supply of diamond studded jewellery.
Wipro hires TCS’s Dave Chopra
as VP
Wipro hires TCS’s
global head of strategy for infrastructure services Dave Chopra as VP of global
infrastructure business. Months after it poached Tata Consultancy Services
veteran Abid Ali Neemuchwala as its operations chief, Wipro has roped in yet
another top executive from TCS, Dave Chopra as Vice President of its key global
infrastructure business.
Jaiprakash Power plans to sell
Bina Thermal Power Plant
Jaiprakash Power
Ventures announced that Jaiprakash Power Ventures (JPVL) has concluded the Sale
of Securities of Himachal Baspa Power Company (HBPCL) to JSW Energy at an
Enterprise Value (EV) of Rs9,700 crore reduced by mutually agreed adjustments,
including inter-alia Rs300 crore which is payable upon receipt of certain
additional consents and approvals related to the Karcham Wangtoo HEP.
Tata Power pledges substantial
investment in Karnataka
Tata Power Company
Ltd has informed BSE regarding 'Tata Power’s Strategic Engineering Division
Pledges Substantial Investment in Vemagal, Karnataka for Defence & Security
Systems'.
Havells India looks for
domestic acquisition opportunities
Havells India is
looking for domestic acquisition opportunities to add new products or expand
market share. The company has a comfortable balance sheet with around Rs780
crore of cash – Positive read thru
Eros’ ‘Welcome Back’ collects
Rs50 crore in opening weekend
Eros
International: ‘ Welcome Back’ collects Rs50 crore in opening weekend, positive
for Eros International, as well as for PVR and Inox Leisure .Latest movie ‘
Welcome Back’, has collected a whopping Rs50 crore in its opening weekend. In
international markets too, collects $3.21 million (Rs21.38 crore) in its
opening weekend.
Our SOME Other tips, Get it Soon !!
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Research Private Limited is an advisory company incepted with a vision
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CapitalStars Financial
Research Private Limited is an advisory company incepted with a vision
of providing fair and accurate trading and investment calls in share and
commodity market. CapitalStars also aveliable on social network
CapitalStars is
a research house and an investment advisory company carrying out
operations in the Indian Equities and commodity market. We generate
intraday as well as delivery calls in Stock cash and F&O in NSE
& BSE, Commodities including bullions, metals & Agro-
commodities traded in MCX and NCDEX.
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