Jet airways
According to sources, Etihad will give Jet Airways $ 3.5 million. Etihad has purchased Advance Privilege Discount from Jet.
At the same time, Icra reduced Jet Airways's long-term rating. Icra has reduced Jet Airways rating from BB to B. B ratings mean more to the default.
IDBI Bank
LIC will bring open offer for 26% additional share in IDBI Bank An open offer will be available at 61.73 rupees per share.
IL & FS
Uday Kotak said that the problem of IL & FS group is bigger than Satyam. IL & FS Group has 3-4 improvement options
Cadila Health
Ahmedabad unit of Cadila Health has received a clean chit from US FDA. Along with the US FDA, Cadila Health's breast cancer drug Exemestane has been approved.
Indiabulls Housing Finance
Indiabulls Housing Finance has raised Rs 350 crore via NCD. For 1 year 1 month, 9.46 percent interest has been raised.
Titan
According to Titan, the jewelery business has improved in the second quarter compared to the first quarter. Clocks too have been better, but the eyewear business is sluggish.
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STOCK OPTION CALL:BUY HINDALCO 240 PE ABOVE 11,T1- 11.45,T2- 12.30,SL BELOW 10.20.
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