TOP CORPORATE NEWS-03 DECEMBER 2015

Intraday Stock Futures

Just Dial falls on brokerage downgrade
Just Dial dipped nearly 6%, touching to Rs863, on reports that Goldman Sachs has downgraded the stock to 'sell'.

Ajanta Pharma launches generic asthma treatment tablets in US
Ajanta Pharma has launched its generic Montelukast Sodium tablets used for treatment of asthma and seasonal allergies in the American market.
Ajanta Pharma USA Inc, a subsidiary of the company today announced the launch of Montelukast Sodium immediate release tablets in the strength of 10mg and Montelukast Sodium chewable tablets in 4mg & 5mg strengths.

Wipro acquires Cellent for Rs517 crore
Wipro acquires Cellent for 73.5 m euros (Rs517 crore), to expand its presence in continental Europe, negligible earnings impact.

CESC signs MOU with Silver Spring
CESC has signed MOU with Silver Spring, a US based Company and a market leader in Smart Grid space across the globe, for exploring business opportunities in India in the same space.

Axis Bank launches country's first 'display variant' debit card
Axis Bank said it has launched a 'display variant' debit card which does away with the hassles of generating one time password (OTP) over SMS while transacting.
The card, which is being made available for high-value NRE customers, has an embedded EMV chip, a display screen and a touch-sensitive button which helps generating the OTP on the card itself.

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