** Strides Arcolab Ltd gains 2.2 pct, Dr.Reddy's Laboratories Ltd up 2 pct
** The bout of market volatility in the first quarter of 2015 is unlikely to subside in the second quarter, which is expected to be news-heavy - Morgan Stanley
** The company has allotted 171 million shares to its lenders at 21.77 rupees each, a premium of 57.8 percent to its Monday's close
** The generic drug maker remains confident of a faster resolution of US FDA observations at the Srikakulam plant - CLSA
** Zenotech Laboratories Ltd up 5 pct to its daily upper limit
** Videocon d2h Ltd , the satellite television arm of the Videocon Group, will list on NASDAQ later in the day
** Goldman buys stake valued around $48 million from U.S. hedge fund, Tiger Global Management LLC, an early-stage investor in the company - NSE
** CLSA raises target to 2,800 rupees from 2,500 rupees and reiterates high-conviction "buy" rating
MUMBAI, March 31 - Shares in India's GVK Power & Infrastructure gained as much as 13 percent in early trading on Tuesday, after Reuters on Monday reported the company is likely to file for an up to $250 million initial public offering (IPO) of its airport unit soon.
MUMBAI, March 30 - India's GVK Power & Infrastructure is likely to file a draft prospectus for an up to $250 million initial public offer (IPO) of its airport unit soon, four sources involved in the process told Reuters, amid a boom in air travel in the country.
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NEW DELHI - India's annual infrastructure output growth slowed to a four-month low of 1.4 percent in February, mainly dragged down by a contraction in the production of steel, fertilisers and refinery products, government data showed on Tuesday.