Swastika Investmart Limited

NEWS UPDATES
Crompton Greaves gets order worth USD 29 million from Indonesia
Sobha Developers  - Q4 operational update
-Company sold 0.92 million square feet valued at Rs 605 crore at average price realisation of Rs 6568 per square feet
-Value of new sales increased by 20.46 percent Q-o-Q & 5.78 percent Y-o-Y
-Average sales realisation up by 4.34 percent compared to Q4FY13
-Company confident on improving sales performance in FY15
-Expecting improved sales generated on recent launches in March 2014
S&P says
- IDFC ‘s rating unaffected by RBI’s in-principle nod for bank licence
-IDFC group’s funding weaker than that of established banks in India
-Bank licence to improve IDFC group’s asset diversity, funding
-See short-term challenges in IDFC’s conversion to bank
NALCO  says
-FY14 bauxite production at 6.3 million tonne versus 5.4 million tonne (Y-o-Y)
-FY14 metal production curtailed to 3.16 lakh tonne from 4.03 lakh tonne (Y-o-Y)
-Metal production down due to planned shutdown of 300 pots
Tata Motors
-Launches passenger, commercial vehicles at Manila International Auto Show 2014
Tata Motors says
-To export passenger, commercial vehicles to Philippines
-Appoints distributor in Philippines
Supreme court to next hear Reliance Industries (RIL) gas pricing case on April 9
NMDC  says
-FY14 iron ore production up 11 percent at 30.18 million tonne
-FY14 diamond production up 17 percent at 37,047 carats (Y-o-Y)
-FY14 capex spend Rs 2,518 crore versus target of Rs 2,720 crore
Adani Power
-Emerges as India’s largest private power producer
-Commissions 4th unit of 660 MW at its Tiroda Power Plant
-Total installed capacity of Tiroda Power Plant stands at 8,620 MW
Bharti Airtel  says
-Company second largest operator in Nigeria by subscribers
-Company’s Nigeria subscriber base at 2.629 crore in February
NELCO  says
-Board approves restructuring of company’s industrial & surveillance solutions business
-Restructuring may involve restricting operations & reducing expenditure with a view to minimize losses
BS Limited bags EPC order worth Rs 722 crore in Madhya Pradesh
SAIL says FY14 total sales up 7 percent at 12.1 million tonne
Coal India hikes Rajmahal mine coal price to Rs 390 per tonne from Rs 300 per tonne w.e.f. April 1
Indigo, Air India, GoAir join fare war
Corporation Bank sells 15,540  MCX shares
SRF board approves commissioning of projects in Dahej, Gujarat
PwC completes acquisition of Booz & Company
Edelweiss Financial : RBI allows increase in FII investment limit to 28 percent

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