Tuesday, 5 August 2014
INDIAN EQUITY BENCHMARKS extended its upswing for the second
consecutive day. The Reserve Bank of India, in its third bi-monthly
monetary review for 2014-15 held today, kept the repo rate unchanged at
8%, while the reverse repo rate was remained stable at 7%.
- Further, Shares in Tata Communications ended lower by 2.5% after company has posted a net loss of Rs. (213.80) mn for the quarter ended June 30, 2014.
- Jubilant Life Sciences Limited has reported Consolidated revenue at Rs. 1,473 Crore, grew 8% YoY. International revenues at Rs. 1,051crore, contributed 71% to the overall mix. EBITDA margins at 10.2% and PAT at 5 Crore.
