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Wednesday, August 20, 2014

TOP CORPORATE NEWS-20 Aug 2014

Arvind jumps on forays into e-Commerce
Shares of Arvind surged over 6%, after it announced its entry into the e-commerce space with the launch of a custom clothing brand, Creyate.

Dr.Reddy's up as US market share gains
Dr.Reddy's Laboratories rose over 1%, , after a filing with the US Securities and Exchange Commission showed market share gained in key drugs in the US market.

Bharti Airtel in talks with ATC, Eaton for sale of Africa towers
Bharti Airtel is in advanced stage talks with American Tower Corporation and Eaton Towers for selling its tower assets in several African countries, including Nigeria, Ghana and Uganda.

Glenmark Pharma at new high, up 4% on foray into oncology
Shares of Glenmark Pharma touched record high up over 4 percent as it forays into oncology with discovery and initiation of an innovative bispecific antibody, GBR 1302 molecule.

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