Friday, 31 July 2015

Share Market Tips : Today's Market Headlines

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1. The Bombay HC(High Court) has asked the India`s food safety authority and NI(Nestle India) to again test Maggi noodles, reported by television channels on Friday.

2. On Friday, Sun TV reported a 19.10 per-cent increase in total profit at Rs 197.28 Cr. for the 1st quarter ended June 30 this year.

3. ITC Ltd announce,d a subdued 3.61 % increase in net profit at Rs 2,265.44 Cr. for the first quarter ended June 30, due to pressure on cigarette sales and sluggish requirement for other FMCG products.

4. Reliance Communications has resuscitated a plan to sell a 51 % stake in its tower unit, engaging early interest from US private equity firms as well as native and American industry.


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