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STOCKS TO WATCH
Reliance Industries is acquiring a majority stake in Raghav Bahl’s Network18 Media and Investments and its subsidiary TV18 Broadcast through Independent Media Trust (IMT), of which RIL is a sole beneficiary.
United Bank of India (UBI) has slapped a wilful defaulter's notice on Vijay Mallya, chairman of grounded Kingfisher Airlines, and other board members after the company defaulted.
YES Bank is set to raise $500 million by issuing fresh shares to a cluster of investors.
Struggling domestic operations resulted in an almost unchanged consolidated net profit of Tata Motors in the quarter ended March, despite a stellar performance by its subsidiary Jaguar Land Rover.
Bharat Heavy Electricals reported a 43% year-on-year decline in net profit for the financial year ended March 2014, a seventh consecutive fall.
Hindalco Industries reported a standalone net profit of Rs 248 crore for the quarter ending March 2014, near half of the Rs 482 crore in the corresponding period of the previous year as a one-time loss of Rs 396 crore on tax issues shrunk net earnings.
