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INDIAN (B)

INDIAN (B)

Sensex jumps 267 points tracking global cues, strong earnings

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The 30- share Sensex soared 267.26 points, or 0.76 per cent, to 35,429.74. It had rallied 1,161 points in the previous three sessions. The broader NSE Nifty was quoting well above the key 10,600-mark. Nifty was up 81.70 points, or 0.77 per cent, to trade at 10,666.45. Traders said the bullish movement was in line with upbeat Asian shares, following overnight gains at the Wall Street coupled with encouraging earnings by Infosys.



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INDIAN (B)

RIL set to unveil big stakes in Hathway, DEN

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on Wednesday, the Reliance Industries (RIL) is likely to announce acquiring of big stakes in Hathway Cable and DEN Networks. The move will boost RIL’s launch of its home broadband services.RIL will own shares in Hathway and DEN through a common entity, which will become the holding company of the two multi-system operators.



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