Panel finalizes partnership policy for defense manufacturing by pvt companies.

The new rate structure approved by the Goods and Service Tax
Council is set to bring down prices of luxury vehicles, but may lead to a
2-3% hike for small cars.

SUZLON ENERGY: Reported Jan-Mar consolidated net profit of 5.8 bln rupees,
against a loss of 3.3 bln rupees a year ago. Revenue from operations was at
49.9 bln rupees, up 54% on year.

IMP results today
GAIL India

Sector overview:
Positive: DEFENCE

Stock to watch:
JPASSOCIATE, ULTRACEMCO, KEC, SUZLON