The Department of Telecom has cleared the merger of Sistema Shyam Teleservices Ltd. with Reliance Communications Ltd
Cochin Shipyard forms joint venture with Hooghly Dock & Port Engineers.
Indiabulls Housing Finance Q2FY18 YoY: Net Interest income up 27.1 % to Rs 1,389 cr.Net profit up 25.8 % to Rs 861 cr. Gross NPA at 0.78 % versus 0.80 % (QoQ)
Oriental Hotels Q2FY18 YoY: Revenue up 9% at 87.3 cr. Margins at 14.7% vs 12.2% PAT at 3 cr vs loss of 1.4 cr
Stocks to watch:
Positive: #RCOM #COCHINSHIP #IBULHSGFIN #ORIENTHOT
