Tuesday 1 July 2014

TOP CORPORATE NEWS

·        Maruti Suzuki at record high, up 4% post June sales data

Shares of Maruti Suzuki touched a record high, up 3.84 percent after it has reported strong sales data in the month of June. It sold 1.12 lakh units in June, up 33.5 percent (up 12 percent month-on-month) compared to a year-ago period supported by sales of passenger cars like Alto, A-Star, WagonR, Dzire..

·        L&T gains on new order win by construction division

L&T rose 1.23% after the company said that its construction division won a contract of Rs 2442 crore from Bharat Sanchar Nigam.
                                                                                                        
·        Sterlite Technologies spurts after winning BSNL order

Sterlite Technologies hit an upper circuit limit of 5% after the company said it bagged nearly Rs 2500 crore of contracts from BSNL to implement end-to-end rollout of optical fiber network for defense services.

·        Central Bank Of India revises interest rates on FCNR-B DEPOSITS

Central Bank of India now offers interest of 4.68 % for USD Deposit of 5 Years, 5.18 % for GBP Deposit of 5 Years, 3.67 % for EURO Deposit of 5 Years, 4.99 % for CANADIAN DOLLAR Deposit of 5 Years & 6.31% for AUSTRALIAN DOLLAR Deposit of 5 Years.

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