Bharti Airtel may gain after announcing a special offer

Bharti Airtel announced a special offer under which, it will offer free data for 12 months, worth up to Rs 9000, to customers who switch to Airtel 4G. With this, customers can now experience India's fastest 4G network at great prices.

The 12 months offer is available to any customer with a 4G mobile handset that is currently not on the Airtel network. Any customer, including existing Airtel customers, upgrading to a new 4G handset can also avail this offer. This offer will be available to customer across India starting tomorrow and will close on 28 February 2017.

Customers will get free 3GB data every month till 31 December 2017 with select prepaid and postpaid packs under this offer. This free data benefit will be over and above the pack/plan benefits. The announcement was made after market hours yesterday, 3 January 2017.

HDFC announced that the profit on sale of investments for Q3 December 2016 was Rs 3 crore compared to Rs 57 crore in Q3 December 2015. Income from dividend for Q3 December 2016 was Rs 179 crore compared to Rs 136 crore in Q3 December 2015.

The company under the loan assignment route sold loans amounting to Rs 3355 crore in the quarter ended 31 December 2016 to HDFC Bank. Loans sold in the preceding twelve months amounted to Rs 15,201 crore. The figures are subject to limited review by the statutory auditors of the company. The announcement was made after market hours yesterday, 3 January 2017.

Indiabulls Housing Finance announced that it has reduced its home loan rate by 45 basis points to 8.65% for its customers with effect from 3 January 2017. Gagan Banga, Vice chairman and Managing Director, Indiabulls Housing Finance said home loan rates are now at their lowest in six years and tremendously improves buyers, affordability. The announcement was made after market hours yesterday, 3 January 2017.

Corporation Bank announced fixation of the marginal cost of funds based lending rate for all rupee loans and advances including renewals for various tenors with effect from 2 January 2017. The MCLR for overnight loans was fixed at 8.35%. The rate for one month was fixed at 8.35% and for three months it was fixed at 8.4%. The MCLR on 6-month loans is 8.65% and for one-year loans the rate is 8.75%, the bank said.

Hikal said that the company has concluded the process of sale of its land on which its former R&D centre was situated in Bengaluru, admeasuring 1.52 acres. The proceeds of the sale will be used towards the current operations of the company. The announcement was made after market hours yesterday, 3 January 2017.

Liberty Shoes announced that the rating in respect of various banking facilities of the company was recently reviewed by Credit Analysis & Research (CARE) and the ongoing rating has been reaffirmed. The announcement was made after market hours yesterday, 3 January 2017.

Celebrity Fashions announced that a meeting of the board of directors of the company will be held on 6 January 2017, to consider issue of equity shares on preferential basis to promoters/directors. The board will also consider issue of convertible warrants on preferential basis to promoters/directors. The announcement was made after market hours yesterday, 3 January 2017.

Max Ventures and Industries announced that a meeting of the board of directors of the company shall be held on 9 January 2017 to, consider raising of funds by way of preferential issue of securities, rights issue, debt issue or any other method. The announcement was made after market hours yesterday, 3 January 2017.

Oudh Sugar Mills announced that the Credit Analysis & Research Ltd has upgraded & assigned CARE BBB- rating to long-term bank facilities from banks so accepted by the company. The announcement was made after market hours yesterday, 3 January 2017.

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