TOP CORPORATE NEWS

·        IndusInd Bank slides as FII investment limit hits trigger

IndusInd Bank has weakened after the RBI said the foreign investors would have to get its prior permission for buying shares in the bank.

·        Tata Motors gains on good JLR sales

Tata Motors rose 0.64% after the company's British luxury car unit Jaguar Land Rover reported good sales in Q1 March 2014.

·        HDIL hits 52-week high as foreign fund hikes stake

Housing Development & Infrastructure gained 1.52% after a foreign fund hiked its stake in the realty firm through a bulk deal on Thursday.

·        Piramal Enterprises extends gain on stake sale in Vodafone India

Piramal Enterprises has moved higher by 6%, extending its yesterday’s nearly 4% gain, after the company agreed to divest its entire stake in Vodafone India for a total consideration of Rs 8,900 crore.