Stock Market Update
Corporate News-
Vodafone Group Plc. said that the outlook for its India telecom JV - Vodafone Idea - "remains critical" and that the telco is actively
seeking relief from the government on how to pay its adjusted gross revenue (AGR) dues in a sustainable manner.
Rosneft is keen to bid for acquisition of Bharat Petroleum Corp Ltd.
Cabinet approves setting up a major port in Maharashtra at a cost of Rs 65,000 cr.
YES Bank ropes in Anshu Jain, former Chief of Deutsche Bank, to raise funds.
Management Speaks-
Rohit Gupta, CFO of Zee Entertainment said that the information required by MCA is quite generic in nature and most of it is in public domain and not related to any corporate governance issue.
S Subramaniam, CFO of Titan said that the company expects fourth-quarter growth to be in the moderate range of 11 percent to
13 percent as the company is hopeful of better performance in February and March.
Sivaramkrishnan Ganapathi, MD, Gokaldas Exports said that growth trajectory for Q4 looks good; India, Vietnam to benefit from
China slowdown.
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