Top Stories (20/10/2016)
Petrochemical major Reliance Industries' quarterly earnings beat analysts' estimates on Thursday with standalone profit rising 17.9 percent year-on-year (up 2 percent quarter-on-quarter) to Rs 7,704 crore, driven by petchem as well as refinery businesses.
Yes Bank's second quarter earnings surpassed analysts' expectations with the profit rising 31.3 percent year-on-year to Rs 801.5 crore on robust business growth despite higher provisions.
Indian information technology major Wipro has acquired Appirio, a US-based global cloud services company for USD 500 million. The deal is expected to close in the December quarter.
GoIbibo & MakeMyTrip
Yes Bank's second quarter earnings surpassed analysts' expectations with the profit rising 31.3 percent year-on-year to Rs 801.5 crore on robust business growth despite higher provisions.
Indian information technology major Wipro has acquired Appirio, a US-based global cloud services company for USD 500 million. The deal is expected to close in the December quarter.
GoIbibo & MakeMyTrip
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