Gruh Finance profit grows 20% in first quarter even as competition heats up.

Bhansali Polymers revenue up 52%, PAT up 111%; margins at 13.2% versus 10.9%

Suzlon starts to get back in shape. Suzlon’s Brazilian subsidiary Suzlon Energia Eolica do Brasil Ltda (SEOB) files for voluntary liquidation.

ICICI Lombard Insurance files DRHP with SEBI. To offer up to 8.62 crore shares via IPO

Cadila Healthcare received tentative approval from the U.S. FDA to market Fingolimod capsules used for treatment of multiple sclerosis

Shreyas Shipping & Logistics signed a pact for acquisition of 1100 teus multipurpose vessel

IGL received permission from Government of Harayana to lay city gas distribution network in Gurugram

U.S. FDA completes inspections of Alkem’s Taloja facility. No Form 483 issued.

LIC sells 2% stake in M&M on July 5; LIC now holds 9.96% in company.

GMR INFRA: In talks with Abu Dhabi Investment Authority to sell a stake of upto 49% in Hyderabad Airport:

Eye on Sun tv, CESC. IPL broadcasting bidding process to begin from today. Set max had bid for 918mn$ in 2008. 50% of amount goes to teams.