RELIANCE INFRASTRUCTURE: Subsidiary Reliance Defence has signed a memorandum of understanding at the Paris Air Show with Daher Aerospace,France, for Aerospace and Advanced Technologies.Has initiated a process to spin off a new unit, called Reliance Transport,to take care of its interests in railway, metro, airport and road projects.
QUESS CORP: Singapore arm, Quesscorp Holdings Pte Ltd, has entered into a definitive agreement to buy 51% stake in Comtel Pro, a Singapore-based
company. The company has entered into a definitive agreement to buy 46% stake in Heptagon Technologies.
Sector to watch:
Negative: Pharma
Stocks to watch:
Positive: #Fortis #Quess #Rdel #Jetairways #Shriramepc #Laopala #Loyal
Negative: #Wockpharma #Sunpharma
