Chennai Petroleum Q4 net profit at
Rs 49.81 crore
Chennai Petroleum
Corporation Ltd has reported a net profit of Rs 49.81 crore for the fourth quarter
ended March 31, 2014. The company had reported a net loss of Rs 392.23 crore
during the corresponding period of the previous year.
Sun Pharma, Ranbaxy gain after AP
HC lifts merger stay
Shares of
Sun Pharmaceutical Industries and Ranbaxy Laboratories are rose up to 3% in
early morning deals after the Andhra Pradesh High Court cleared the decks for
the $4-billion deal to go through by lifting the stay.
ONGC gains after OVL's agreement
with Rosneft
ONGC rose
3.56% after the company’s overseas arm, ONGC Videsh, has signed a deal with
Russia's largest oil and gas producer Rosneft to jointly explore hydrocarbons
in the offshore Arctic.
DLF gains as subsidiary raises Rs
525 crore through CMBS
DLF rose
1.62% after the company's subsidiary DLF Emporio successfully placed India's
first Commercial Mortgage Backed Security (CMBS) issuance of Rs 525 crore.
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