Grasim Industries Ltd (GRAS.NS)
BRIEF-Grasim Industries gets members' nod for increase in limit of investment in capital of co by RFPI
* Grasim Industries Ltd - gets members' nod for increase in limit of investment in capital of co by RFPI Source text - (http://bit.ly/2dZLBVb) Further company coverage: (Bengaluru newsroom)
* Gets members' nod for NCD issue, sub-division of shares Source text: (http://bit.ly/2cQILls) Further company coverage: (Bengaluru newsroom)
Aug 22 Below are the ratings awarded by Credit Analysis and Research Ltd. (CARE) for local debt instruments as of August 19, 2016. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------- ---------- ------ ------- --------- SHORT TERM RATINGS: ------------------- Aquatica Frozen Foods Global Pvt Ltd ST Bk Fac
(Any opinions expressed here are those of the author and not of Thomson Reuters)A spirited rally on Friday ensured that the Nifty closed flat in a week marked by indecisiveness. With the Goods and Services Tax (GST) bill out of the way, market participants were left with no immediate near-term triggers. RBI Governor Raghuram Rajan’s last policy review had little impact on markets, as most had expected him to maintain status quo.What did keep markets busy was stock-specific action like the Grasim
** Aditya Birla Group units Aditya Birla Nuvo slumps as much as 25 pct; Grasim Industries falls as much as 8.5 pct to its lowest in 3 months
MUMBAI Indian conglomerate Aditya Birla Group plans to merge its subsidiaries Grasim Industries Ltd and Aditya Birla Nuvo Ltd through a stock swap and spin off its financial services business, it said on Thursday.
MUMBAI, Aug 11 Indian conglomerate Aditya Birla Group plans to merge its subsidiaries Grasim Industries Ltd and Aditya Birla Nuvo Ltd through a stock swap and spin off its financial services business, it said on Thursday.
- Note: Reuters has not verified this story and does not vouch for its accuracy
** Shares of textile-to-cement conglomerate Grasim Industries Ltd may correct after rising 26 pct in past three months, technicals suggest
May 7 Three months ended March 31 (versus the same period a year earlier). All figures in billions of rupees. March 2016 March 2015 Net profit 6.96 5.07 Net sales 98.96 87.04 NOTE: Grasim Industries is a textile and cement manufacturing company of the Aditya Birla Group. The results are consolidated. SOURCE TEXT: http://bit.ly/1NmzRrc (Reporting by Promit Mukherjee in Mumbai; Editing by E