Market Chatter-Corporate finance press digest
Nov 6 (Reuters) - The following corporate finance-related stories were reported by media on Tuesday:
* Diageo Plc is set to pick up a 51 percent stake in India's United Spirits Ltd this week in a deal size that is likely to be about $2 billion. ()
* An independent securities regulator is investigating alleged unauthorized trades in Apple Inc shares at Rochdale Securities LLC that have placed the brokerage in a financially shaky position, the Wall Street Journal reported.
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The BSE Sensex and Nifty rose more than 1 percent on Monday to mark their biggest daily gain in more than one week after the government's energy reforms led to a rally in oil firms, while wins by Prime Minister Narendra Modi's party in two state elections raised expectations for additional reforms. Full Article