TOP CORPORATE NEWS

·        Coal India yet to sign fuel supply pacts for 4925 MW

Coal India has so far signed fuel supply pacts with power plants for a capacity of only 73,075 MW. The coal and power ministries are now under one Minister- Piyush Goyal.

·        L&T Technology Services buys 74% stake in Thales Software

L&T Technology Services, a unit of Larsen and Toubro Ltd has acquired a 74% equity stake in Thales Software India Pvt. Ltd, to strengthen its avionics business.

                                                                                                        

·        Dewan Housing Finance jumps after ratings upgrade by CARE

Dewan Housing Finance Corporation surged 6.49% after CARE has up-graded the ratings assigned to the long term bank facilities and other instruments/securities of the company.

·        Crompton up 3%, FICG consortium bags offshore wind project

Shares of  Crompton Greaves gained as much as 3.2 percent after the Avantha Group company along with the other consortium partners Fabricom and Iemants has been selected by Van Oord, for the offshore wind project 'Gemini' in the Netherlands.