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DAILY CORPORATE NEWS
RBI sets rupee reference rate at 67.0435 against dollar
The Reserve Bank today fixed the reference rate of the rupee at 67.0435 against the US dollar and 73.9289 for the euro. These rates were 66.9940 and 73.4656, respectively on Monday.
Sun Pharma surges after divestment of US manufacturing unit
Sun Pharmaceutical Industries rose nearly 2%, touching to Rs781.1, after the company announced selling its manufacturing unit in Ohio to Nostrum Laboratories Inc.
Voltas wins National Energy Conservation Award 2015
Leading air conditioning company, Voltas has said that it has been honoured with the first prize in the category 'Manufacturers of BEE Star Labeled Appliances (Air Conditioner)', part of the National Energy Conservation Award 2015. The company has previously won the same award in December 2013.
Jet Airways up after launch of daily non-stop services
Shares of Jet Airways rose over 3%, touching to Rs587.25, after the company announced the launch of daily non-stop services between India and Amsterdam.
M&M, Tech Mahindra agree to buy Italian car designer Pininfarina SpA
Mahindra & Mahindra and Tech Mahindra have agreed to buy Italian car designer Pininfarina SpA in a deal worth about euro 168 million ($185 million), underscoring the Indian vehicle maker’s international ambitions.
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