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Tuesday, 8 December 2015

TOP CORPORATE NEWS - 08 DEC 2015


RBI sets rupee reference rate at 66.7983 against dollar
Reserve Bank of India (RBI) today fixed the reference rate of the rupee at 66.7983 against the US dollar and 72.5162 for the euro.
These rates were 66.6263 and 72.4028, respectively, yesterday

Tata Motors gains on good JLR sales
Tata Motors rose nearly 2%, touching to Rs406.6, after British luxury car unit Jaguar Land Rover yesterday; (December 07, 2015) reported 27% rise in retail sales to 46,547 vehicles in November 2015 over November 2014

Siemens bags order worth Rs377 crore from Indian Railways
Siemens has bagged an order worth Rs377 crore from Indian Railways' Diesel Locomotive Works (DLW) for supply of traction motors – positive for the stock.

Wockhardt gets QIDP status for WCK 5222
Wockhardt gets Qualified Infectious Disease Product (QIDP) status for WCK 5222 (Anti-infective) – Positive for the stock.
Wockhardt received QIDP status for fourth product (WCK 52222) from the USFDA. WCK 5222 is a new class of antibiotic for gram negative terrain for complicated Urinary tract infections and Hospital Acquired Bacterial Pneumonia (HABP).

Amtek Auto rallies on heavy volumes
Shares of Amtek Auto surged over 13%, touching to Rs52.55, on back of heavy volumes on the bourses. A combined 16.86 million shares have already changed hands on the counter so far against two-week average of 8.48 million shares that were traded daily in past two weeks on the BSE and NSE.


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