BRIEF-India's Apollo LogiSolutions raises INR 4.85 bln from Piramal Finance Ltd
* Apollo logiSolutions (ALS) raises funds amounting to 4.85 billion rupees from piramal finance limited, subsidiary of piramal enterprise limited.
Jan 13 China Enterprise Co Ltd
* Says it expects to return to net profit of 600-700 million yuan ($86.99-101.49 million) in 2016 versus net loss of 2.5 billion yuan year ago
Source text in Chinese: bit.ly/2jeKhOK
Further company coverage: ($1 = 6.8970 Chinese yuan renminbi) (Reporting by Beijing newsroom)
* Says it plans to merge with its wholly owned unit, with effective date on Aug. 10