TECHNICAL TREND ( NIFTY - BANK NIFTY FUTURES )

Nifty futures/Bank Nifty futures market closed on 8631/ 19159. According to technical analysis if Nifty futuresand Bank Nifty future moves down-word in tomorrow treading session then 8546 will be small support for Niftyfutures and 18908 will be small support for Bank Nifty futures. If it break this level then then Nifty futures can godown to 8379 level and Bank Nifty futures can touch 18229 level in next few days. It will be hard support forNifty futures and Bank Nifty futures. Meanwhile in up trend there is small resistance on 8697 for Nifty futures and19407 is for Bank Nifty futures after breaking this level with volume there is big resistance for Nifty futures on8793 and 19342 for Bank Nifty futures.

TECHNICAL VIEW (NIFTY- BANK NIFTY FUTURES )NIFTY

DAILY R2 R1 PP S1 S28755 8671 8629 8587 8503

WEEKLY R2 R1 PP S1 S29422 8838 8546 8253 7669

MONTHLY R2 R1 PP S1 S29515 8861 8534 8207 7554

BANK NIFTY

DAILY R2 R1 PP S1 S219709 19354 19176 18999 18644

WEEKLY R2 R1 PP S1 S220780 19622 19043 18464 17306

MONTHLY R2 R1 PP S1 S220780 19622 19043 18464 17306

MOVING AVERAGE 21 DAYS 50 DAYS 100 DAYS 200 DAYS

NIFTY 8433 8313 8454 8419

BANK NIFTY 18532 18204 18435 18268

PARABOLIC SAR DAILY WEEKLY MONTHLY

NIFTY 8344 7963 9054

BANK NIFTY 18823 17180 20848

NSE EQUITY DAILY LEVELS

COMPANY NAME R3 R2 R1 PP S1 S2 S3

ACC EQ 1489 1466 1455 1443 1432 1420 1397ALBK EQ 94 92 90 89 88 87 85AMBUJACEM EQ 260 256 251 248 247 244 242ASIAN PAINT EQ 861 851 841 835 831 825 821AXISBANK EQ 624 614 604 598 594 588 584BAJAJ-AUTO EQ 2624 2594 2564 2547 2533 2517 2503BANKBARODA EQ 168 163 158 156 154 151 149BANKINDIA EQ 195 188 182 178 175 171 169BHEL EQ 294 290 286 284 282 280 278BHARTIARTL EQ 451 444 436 433 429 426 422CIPLA EQ 718 707 695 688 684 677 673COALINDIA EQ 448 441 434 430 427 423 420DLF EQ 127 121 116 113 111 107 105DRREDDY EQ 4073 4016 3959 3939 3902 3882 3845GAIL EQ 386 381 375 373 370 367 364GRASIM EQ 3836 3774 3712 3673 3650 3611 3588HCLTECH EQ 997 982 967 961 953 946 938HDFC EQ 1407 1377 1346 1329 1316 1299 1285HDFCBANK EQ 1146 1135 1123 1116 1111 1104 1100HEROMOTOCO EQ 2724 2703 2682 2669 2661 2648 2641HINDALCO EQ 114 112 110 109 108 107 106HINDUNILVR EQ 984 962 939 925 917 903 894ICICIBANK EQ 335 328 322 317 315 311 308ITC EQ 333 329 325 322 320 318 316INDUSIND BANK EQ 963 953 944 939 934 929 925INFY EQ 1037 1023 1009 1003 995 989 981JINDALSTEL EQ 87 84 82 81 80 79 78KOTAKBANK EQ 762 751 740 734 729 723 717LT EQ 1935 1912 1888 1873 1864 1849 1840M&M EQ 1372 1350 1328 1320 1306 1298 1284MRF EQ 36875 36681 36487 36380 36293 36186 36099MARUTI EQ 4349 4297 2445 4219 4193 4167 4141ONGC EQ 302 299 295 293 291 289 288ORIENTBANK EQ 194 188 181 177 174 170 168RCOM EQ 75 74 73 72 71 70 69RELCAPITAL EQ 412 405 397 394 389 387 382RELIANCE EQ 1059 1047 1035 1028 1023 1016 1011RELINFRA EQ 451 443 435 431 427 423 419RPOWER EQ 49 48 47 46 45 44 43SBIN EQ 284 279 273 270 268 265 263SSLT( VEDL) EQ 152 149 147 145 144 143 142SUNPHARMA EQ 975 966 957 953 949 944 940TATAMOTORS EQ 429 418 406 399 395 388 383TATAPOWER EQ 77 76 75 74 73 72 71TATASTEEL EQ 298 294 289 286 284 282 280UNIONBANK EQ 187 181 176 172 170 166 164

TOP 15 ACHIEVERS // TOP 15 LOOSERS

NEXT WEEK STARS (AS PER TECHNICAL ANALYSIS PRIDICTION )

1. APOLLOTYRE - APOLLOTYRE HAS SHOWN UPWARD MOMENTUM THIS WEEK ANDLIKELY TO CONTINUE AND MAY TEST THE LEVELS OF 195 THIS WEEK.

2. ONGC - ONGC SHOWED SIDEWAYS MOVEMENT THIS WEEK AND IT IT BREAKS 290 LEVESIT IS MOST LIKELY TO COME TO THE LEVEL OF 285.

3. CAIRN - CAIRN INDIA IS LIKELY TO SHOW DOWNWARD MOVEMENT IF IT BREAKS 169LVEL AND THEN SUBSIQUENT SUPPORTS ARE 166/164.

4. COALINDIA - COALINDIA HAS BROKEN THE LEVEL OF 435 IF IT BREAKS 430 LEVEL THENIT MAY COTTECT UPTO HTE LEVEL OF 426/423 THIS WEEK.

5. WIPRO - WIPRO MAY SHOW POSITIVE MOMENTUM IF IT TRADES ABOVE 570 LEVELS ANDCOME UPTO THE LEVEL OF 582 AND IF BREAKS THIS LEVEL THEN NEXT RESISTANCEWOULD BE 588/590.

SR.NO

SCRIPT NAME PREVCLOSE

CMP % CHANG

1 BHUSHAN STEEL 54.85 66.15 +20.59

2 RAJESH EXPORT 378.05 447.10 +18.26

3 GREENPLY INDUS 831.45 961.50 +15.65

4 PVR LTD 680.15 782.55 +15.06

5 JK TYRES 87 97.75 +12.36

6 BEML 1312.20 1474.10 +12.34

7 BHEL 255.70 286.55 +12.06

8 ARTI INDUS 337.15 376.45 +11.65

9 TATA CHEMICALS 437.95 484.70 +10.67

10 AMTEK AUTO 153.65 170.05 +10.67

11 NDTV 105.10 116.05 +10.42

12 SHASUN PHARAM 357.85 394.55 +10.26

13 APOLLO TYRE 171.90 189.10 +10.01

14 PUNJAB CHEM 229.60 252.30 +9.89

15 PROTON ENGINEERI 237.10 260.40 +9.83

SR.NO SCRIPTNAME

PREVCLOSE

CMP % CHANG

1 JUST DIAL 1196.30 1095.50 -8.43

2 EMAMI LTD 1249.65 1161 -7.09

3 CASTEX TECHNOLOGY

316 295.45 -6.52

4 BAJAJ HOLDINGS 1504.10 1410.20 -6.24

5 INDIABULLS REALEST

57.55 54.05 -6.08

6 INDIAN CEMENT 93.10 87.75 -5.75

7 TEXMO PIPES 14.05 13.25 -5.69

8 SUN TV 279.20 267.75 -4.10

9 ONGC 302.95 292.80 -3.35

10 SINTEX INDUS 106.80 103.30 -3.28

11 JK CEMENT 626.45 608.85 -2.81

12 KARUR VYSYA BANK

491.95 478.55 -2.72

13 GATI LTD 184.25 179.95 -2.33

14 BAJAJ FINSERV LTD

1759.15 1719.85 -2.23

15 SAIL 59.40 58.20 -2.02

CURRENCY MARKET

USDINR R2 R1 PP S1 S2

DAILY 64.05 63.75 63.60 63.45 63.10

WEEKLY R2 R1 PP S1 S264.40 63.85 63.60 63.30 62.80

MONTHLY R2 R1 PP S1 S265.25 64.25 63.75 63.25 62.25

EURINR R2 R1 PP S1 S2

DAILY 70.10 69.50 69.25 68.95 68.40

WEEKLY R2 R1 PP S1 S276.00 71.90 69.85 67.80 63.65

MONTHLY R2 R1 PP S1 S277.10 72.15 69.70 67.20 62.30

JPYINR R2 R1 PP S1 S2

DAILY 51.85 51.50 51.30 51.10 50.70

WEEKLY R2 R1 PP S1 S253.75 52.25 51.50 50.70 49.20

MONTHLY R2 R1 PP S1 S2 56.60 53.30 51.65 50.00 46.70

GBPINR R2 R1 PP S1 S2

DAILY 101.00 99.90 99.30 98.80 97.70

WEEKLY R2 R1 PP S1 S2103.15 100.40 99.05 97.70 94.95

MONTHLY R2 R1 PP S1 S2107.45 101.90 99.15 96.40 91.85

NSE - WEEKLY NEWS LETTERS

TOP NEWS OF THE WEEK

Indiabulls Housing allot 49,700 equity shares on warrant conversion - IndiabullsHousing Finance Ltd has announced that on July 13, 2015, the Company, has issued andallotted 49,700 (Forty Nine Thousand Seven Hundred) Equity shares of face value Rs. 2/- each,upon conversion oF warrants.Consequent to the said allotment, the paid-up Equity ShareCapital of the Company stands increased to Rs. 71,14,16,828/- divided into 35,57,08,414Equity Shares of face value Rs. 2/- each.

Unichem Laboratories gains 1% after Q1 earnings - Unichem Laboratories was up nearlya percent at Rs. 223 on the back of three-fold jump in Q1 net at Rs. 28.78 crore as against Rs.9.82 crore in Q4FY15. Total income also rose by 20.7 percent to Rs. 309 crore from Rs. 256crore for the above mentioned period. The stock touched an intra-day high of Rs. 232.

Gail India surges 3.5% on inviting bids for LNG delivery - Gail India advanced 3.5percent to Rs. 373.35 amid media reports that the company has launched a tender to buy toLiquefied Natural Gas (LNG) cargoes for prompt delivery, linked to demand for gas by variouslocal fertiliser companies. The company traded up by 12.80 points from its previous closing ofRs. 360.55. It has hit a high of Rs. 375 and low of Rs. 362. In Bse, its total traded quantity wasaround 0.83 lakh shares against two weeks averag quantity of 0.54 lakh shares.

IndusInd Bank surges 3.2% on Q1 results - IndusInd Bank also rallied over 3.2 percent toRs. 923.90. The bank reported 24.7 percent growth in Q1FY16 net at Rs. 525 crore whencompared with Rs. 421 crore in the corresponding quarter a year ago. Total income grew by 20percent to Rs. 3,448 crore from Rs. 2,874 crore. The company has hit a high of Rs. 928 and lowof Rs. 895.25.

BPCL surges 3.2% on plans to expand Bina Oil Refinery - Bharat PetroleumCorporation (BPCL) surged over 3.02% at Rs. 907.85. The company is planning to expand itsBina oil refinery in Madhya Pradesh by 30 percent to 156,000 barrels per day at a cost of about$ 472 million. The stock has hit a high of Rs. 913.85 and low of Rs. 880.10. In Bse, the counterhas registered trade of around 1.19 lakh shares against two weeks average quantity of 1.72 lakhshares

Govt to pay Rs. 12/litre kerosene subsidy - The government has capped subsidy it willpay on kerosene at Rs. 12 per litre, according to reports. A report says that Finance Ministrywill pay Rs. 12 per litre in cash to state-owned fuel retailers. Currently, oil companies sellkerosene at a loss of about Rs. 18 per litre. For LPG, government has decided to fully beardifference between the cost and the retail selling price.

Clariant Chemical approves buy back shares - Axis Capital Ltd has submitted to BSE acopy of public announcement to the Equity Shareholders / beneficial owners of Equity Sharesof Clariant Chemicals (India) Ltd for buy back of Equity Shares through Tender Offer. This PA

is being made pursuant to the provisions of Regulation 8(1) of the Securities and ExchangeBoard of India (Buy Back of Securities) Regulations, 1998, as amended (the Buy BackRegulations) and contains the disclosures as specified in Part A of Schedule II to the Buy BackRegulations. Offer for buy back of upto 35,78,947 fully paid up Equity Shares of face value ofRs. 10 each at a price of Rs. 950 per fully paid up equity share on a proportionate basis throughthe Tender Offer Process. At 2:32 PM, the stock trading flat at Rs. 868.25. The stock has hit ahigh of Rs. 872.40 and a low of Rs. 865 on BSE today. Total traded quantity on the counterstood at over 5,707 odd-shares on BSE.

Gujarat Pipavav completes restoration of Pipavav Railway Corporation - GujaratPipavav Port Ltd has announced that the restoration of Pipavav Railway Corporation Limited(PRCL) rail line connecting Pipavav port was completed, the test runs were successfully carriedout and Indian Railways declared the rail line open for operations from the night of July 11,2015. The rail operators have also declared restoration of normal services to and from PipavavPort.

BPCL gains on plans to expand Bina Oil Refinery - Bharat Petroleum Corporation(BPCL) is trading on a positive note amid media reports that the company is planning toexpand its Bina oil refinery in Madhya Pradesh by 30 percent to 156,000 barrels per day at acost of about $ 472 million. The stock is now up over 2 percent at Rs. 900, with trades ofaround 42,000 shares, as against two-week daily average volume of 172,000 shares.

ONGC Videsh not to exit Vietnam block - ONGC Videsh Ltd is not exiting a Vietnam oilblock in the contested waters of the South China Sea, according to reports. A report says thatthe company also planning to seek a third extension of exploration licence for Block 128 tomaintain India's strategic interest in the South China Sea.

The block lies in the part of South China Sea - OVL stated that if it was to exit the block,it would have to pay $15-20 mn penalty for not drilling a committed exploration well, saysreport.

Tata Steel UK workers expected to sign a new deal - Tata Steel UK's workers areexpected to sign a new deal to end a pensions row, according to reports. A report added that theballot of union members closes on Wednesday and is expected to deliver resounding support forthe deal. The four unions -- Community, Unite, GMB and Ucatt -- called off a strike last monthafter the Indian steel giant agreed to retain a final-salary pension scheme. The unions haverecommended that staff accept the deal.

L&T Finance acquires 26% stake in Grameen Capital: - L&T Finance has acquired 26%stake in Grameen Capital India for an undisclosed amount, according to reports. A report saysthat Grameen Foundation, Citicorp Finance, Amit and Arihant Patni are the other shareholdersin the company. Y M Deosthalee, Chairman & Managing Director of L&T FinanceHoldings reported "We are delighted to partner with Grameen Capital and come up withinnovative solutions for the capital needs of these enterprises. Grameen Capital India providescapital market access to impact-focused enterprises serving the base-of-the-pyramid segmentthrough innovative debt and equity solutions, credit enhancement and strategic advisoryservices.

DCB Bank Q1 net profit at Rs. 46.9 crore; Gross NPA at 1.96% - DCB Bank Ltd hasannounced a net profit of Rs. 468.70 million for the quarter ended June 30, 2015 as comparedto Rs. 446.40 million for the quarter ended June 30, 2014. Total Income has increased from Rs.3,866.90 million for the quarter ended June 30, 2014 to Rs. 4,674.40 million for the quarterended June 30, 2015. The bank reported Gross NPA at 206.4 crore Vs 186.1 crore (QoQ).Capital Adequacy Ratio stood at Rs. 300 crore Vs Rs. 371. 2 crore (YoY)

PSU OMCs stock gains as crude oil prices fall; BPCL top gainer - BPCL surged 2percent to Rs. 927 as US Crude Oil futures sank deeper into red after Iran and six globalpowers reached a landmark nuclear deal. Post deal Iran is likely to restart oil exports. Amongother oil marketing companies - HPCL rallied 3 percent to Rs. 845 and Indian Oil (IOC)jumped over 3 percent to Rs. 438. On Tuesday, the BSE Sensex opened 25-odd points higher at27,987, but soon slipped into the negative zone following weak CPI data overnight. The BSEindex thereafter traded with a negative bias for most part of the trading day on the back ofweakness in select banking and metal stocks.

CRISIL to close buyback issue - CRISIL Ltd has announced that with reference to thePublic Announcement dated June 23, 2015 in respect of the buyback of shares by the Companyat a price not exceeding Rs. 2,310/- per share (Maximum Offer Price) and upto an aggregateamount of Rs. 102 crore (Maximum Offer Size). With reference to the above stated Buyback,the Company has till date brought back 5,11,932 equity shares for a total consideration of Rs.101.98 crore at an average price of Rs. 1,992.02 per share. The Company has thus deployed99.98% of the total approved amount of Rs. 102 crore towards the Buyback. As per the termsof the Public Announcement dated June 23, 2015 and the approval of the Buyback Committeeof CRISIL Limited, it has been decided to close the Buyback with effect from July 14, 2015.

Kalindee Rail shareholders approves merger with Texmaco Rail - Kalindee Rail Nirman(Engineers) Ltd has informed BSE regarding Result of Postal Ballot/E-Voting and CourtConvened Meetings of Shareholders and Creditors of the company in connection with theScheme of Amalgamation between the company and Texmaco Rail & Engineering Limited.

Titagarh Wagons raises Rs. 150 crore through QIP - Shares of Titagarh Wagons Ltdtrading up 1% at Rs. 109.10 on BSE. The company reportedly said its board has approved theallocation of 1.5 crore shares to raise Rs. 150 crore through qualified institutional placement(QIP). The stock opened at Rs. 108.10 as against the previous close of Rs. 108.50 on BSE. Ithas hit a high of Rs. 109.25 and a low of Rs. 108 on BSE today. Total traded quantity on thecounter stood at over 0.30 lk shares on BSE.

JSW Steel gains on good steel production in Q1 - JSW Steel is currently trading at thehighest level of the day - with a gain of almost a percent at Rs. 843 on the BSE, after the firmreported good steel production. Yesterday after market hours, JSW Steel informed BSE that is has reported highest everquarterly Crude Steel production at 3.40 million tonnes for Q1 FY 2015-16 showing a growthof 10 percent over corresponding quarter of previous year. On the BSE, the counter has seentrades of around 22,000 shares as against the two-week daily average volume of 80,000 shares.

Lupin gains on USFDA nod - Shares of Lupin Ltd were trading higher 1.1% at Rs. 1937on BSE today. The pharma company gets US FDA's approval for generic of Fresenius' PhosloGelcaps, as per media reports. The stock hit a high of Rs. 1,943.50 and a low of Rs. 1,920 onBSE today. Total traded quantity on the counter stood at over 0.39 lk shares on BSE.

FIIs cuts stake in PSU banks - Foreign institutional investors (FIIs) have reduced theirexposure in public sector banks (PSB) for the second straight quarter, says a report. Overseasinvestors reduced holdings in most of the PSBs such as State Bank of India (SBI), PunjabNational Bank (PNB), Oriental Bank of Commerce (OBC), Bank of Baroda (BOB), Bank ofIndia (BOI) and Canara Bank by up to three percentage points in April-June quarter. In AndhraBank, Uco Bank, IDBI Bank, Syndicate Bank, Indian Overseas Bank and State Bank ofMysore, their stake was declined by less than one percentage points, FIIs have reduced theirstake in 20 banks and increased in five DCB Bank, Karnataka Bank, South Indian Bank,Indian Bank and Corporation Bank, according to reports.

Aban Offshore extends rally on Iran deal - Aban Offshore extended rally and jumpedanother 1.5 percent to Rs. 327 following the historic nuclear deal between Iran and six majorpowers. The company is engaged in oil exploration and production and is generating 35 percentof its revenues from Iran. The stock has hit a high of Rs. 340 and a low of Rs. 23.

PM Modi launches National Skill India Mission - On the occasion of first ever WorldYouth Skills Day , Prime Minister Narendra Modi formally unveiled the National Policy forSkill development and Entrepreneurship 2015 and launched National Skill DevelopmentMission. The pilot phase of PMKVY had already begun earlier. The Minister of State(Independent Charge) for Skill Development and Entrepreneurship Rajiv Pratap Rudy was theGuest of Honour on this occasion. Union Ministers Arun Jaitley, Manohar Parrikar, SureshPrabhu, Anant Geete, Jagat Prakash Nadda, Ananth Kumar, Narendra Singh Tomar, ThaawarChand Gehlot, Piyush Goyal and Santosh Kumar Gangwar were present on the dais. ChiefMinisters, State Ministers, Secretaries to the Government of India, and other representativesfrom central and state governments were present at the event. Foreign dignitaries, includingAmbassadors and High Commissioners, senior industry leaders, representatives of multilateralorganizations and from industry associations also attended. ITI faculty, skill trainers andtrainees from a range of training programs also participated.

Skill Dvpt Minister Rajiv Pratap Rudy stated that the common norms framework Will ensureStreamlining Of Schemes. "We hope to Work Closely with States to Push Skill India Mission,"says Rajiv Pratap Rudy. Rajiv Pratap Rudy added that they have tied Up With Railway Ministryfor Virtual Training.

Ajay Piramal plans to invest up to Rs. 300 crore in ReGen Powertech - Ajay Piramal isreportedly planning to invest up to Rs. 300 crore in ReGen Powertech. The deal is still undernegotiation, says report.The proceeds will be used to expand the business and repay loans. "Wesee opportunities for future growth," R Sundaresh, joint managing director of ReGen,said. Media report says that ReGen will issue the bonds via ReGen Infrastructure & Services, awholly owned subsidiary.

Adani Ports up on receiving LoA for Vizhinjam port project - Adani Ports & SEZ istrading with gains in noon deals on the back of positive news flow. According to media reports,

the Kerala government has handed over the Letter of Award (LoA) for the mega Vizhinjam portproject to sole bidder Adani Ports & SEZ. The stock is trading near the day's high with a gain of1.3 percent at Rs. 320. The counter has seen trades of around 73,000 shares as against thetwo-week daily average volume of around 194,000 shares on the BSE.

Top Economy news

Government is working on a new agriculture insurance scheme that will cover all the inputs putby a farmer into his farm as also the loans taken by him, Finance Minister Arun Jaitley said.

Reserve Bank of India will support arrangements for aggregating farmers produce to facilitateflow of credit especially from foreign banks operating in India.

The state-run National Bank for Agriculture and Rural Development has set a target ofproviding Rs. 300bn as credit to farmers for irrigation over the next three years, a senior officialsaid.

Consumer price index-based inflation for the month of June rose to 5.40%, the highest level inseven months, on the back of increased rate of price rise in food items, data released by theMinistry of Statistics and Programme Implementation showed.

Euro zone leaders clinched a deal with Greece to negotiate a third bailout to keep thenear-bankrupt country in the euro zone after all-night talks at an emergency summit.

Oil ministry expects a subsidy burden of Rs 50-60bn for state-run oil and gas producers thisfiscal year if world oil prices stay at current levels, a senior oil ministry source said.

In a lowest since November 2014, the annual rate of inflation, based on monthly WPI, extendedits deflationary trend for eight successive month and eased further to -2.40% for June ascompared to -2.36% for May. The same stood at 5.66% during the corresponding month of theprevious year. Build up inflation rate in the financial year so far was 1.42% compared to a buildup rate of 1.50% in the corresponding period of the previous year.

Finance Minister Arun Jaitley and NITI Aayog Vice-Chairman Arvind Panagariya are again,talking of double-digit growth at a time when, even the changed methodology of calculatinggross domestic product had yielded 7.3 per cent economic growth rate for 2014-15. For thecurrent financial year, only the government has projected the growth rate to be 8.1-8.5 per cent;other agencies have pegged it in the range of 7.5-7.8 per cent. In fact, the InternationalMonetary Fund has projected the countrys economic growth rate at just 7.8 per cent even in2020-21.

The Centre has been claiming it has increased devolution to states in the 14th FinanceCommission, but most state governments are of the view that their financial position hasworsened during 2015-16, compared to the previous year, if one takes into account the

reduction in block grants and transfers through central schemes vis--vis the increase throughtax devolution.

Having received inputs from various ministries on the draft rules for Indian airlines to flyabroad, the civil aviation ministry is set to hold fresh consultations with airlines.

Wholesale Price Index-based inflation for the month of June continued to be in the deflationaryterritory for the eighth straight month, backed primarily by lower commodity prices.Provisional WPI inflation for June stood at -2.40%, compared with -2.36% in May and 5.66%for the same period last year.

In an effort to ensure a uniform model for engaging with private players in mining, the coalministry is coming up with a model mine development operator agreement. Apart from CoalIndia (CIL), which would engage with private players as per the new MDO model, this willalso serve as a guideline for state government-run miners as well for selecting privateoperators.

Top Corporate News

Country's third largest software services firm Wipro aims to significantly increase its rate ofpatent filing over the next three years.

After the announcement of its merger with its subsidiary Cairn India lastmonth, Vedanta Limited s Chairman Navin Agarwal stated that shareholders will get accessto metal and mining assets of the company.

Royal Enfield, the world's fastest growing premium bike-maker clipping at over 40% sales onan average every month since the beginning of this year, will be ramping up its capacity up to52k a month by December, from the current capacity of 36k units.

FMCG major Emami is scouting for acquisitions to expand its product offerings as thecompany enters into next phase of growth in consumer care products segment.

Utility and tractor vehicle major Mahindra & Mahindra will seek shareholder approval toraise up to Rs. 50bn through issue of securities on private placement basis at the upcomingannual general meeting.

Tata Motors Ltd plans to double the revenue from its defence business over the next threeyears to $600 mn, betting on the government's push for more local defence manufacturing, atop company official said.

Aurobindo Pharma has received final approval from the US Food and Drug Administration toproduce and sell Flecainide Acetate Tablets -- used for regulating heart rate -- in the Americanmarket.

Indraprastha Gas Ltd (IGL) has acquired 250k more shares of Maharashtra Natural Gas Ltd(MNGL) to become a 50% shareholder in the company.

State-run Indian Oil Corp plans to buy at least one spot LNG cargo per month in 2015-16 totake advantage of lower short-term prices, senior company executive Debasis Sen said.

Bharat Petroleum Corp Ltd plans to expand its Bina oil refinery in Madhya Pradesh by 30%to 156k barrels per day at a cost of about $472mn.

Private carrier Jet Airways scaled up its daily seat deployment on the domestic network by1,000 seats with the addition of new services to provide an enhanced connectivity within thecountry.

Drug firm Dr Reddy's Laboratories has launched in the US market the generic Memantinehydrochloride tablets used for treatment of dementia of the Alzheimer's type.

Reliance Power has written to the coal ministry to restrict coal mining from two blocksattached to the company's Sasan ultra mega power project in Madhya Pradesh.

Samriddhi Developers and Gorakhpur Real Estate Developers are bidding for 45-acre plotowned by Sahara in Gorakhpur.

Ramco Systems said that it has signed multi-year global mandate with Cobham AviationServices, an aviation solution specialist to defence, government and commercial aircraftcustomers.

The Kerala government has handed over the letter of award for the mega Vizhinjam port projectto sole bidder Adani Ports & SEZ Ltd.

Yes Bank Ltd has received approval from RBI to set up IFSC Banking Units in GujaratInternational Finance Tec city.Having built a global scale and the capabilities in pharmaceutical ingredient manufacturingfront, Granules India Limited is now focusing on R&D and formulations and the newacquisitions are likely to reflect this new thrust in its business strategy.

GVK Power & Infrastructure is looking to raise funds for its airport business as thediversified group seeks to reduce its debt burden.

The US Food and Drug Administration has banned drug imports from an India manufacturingunit of Emcure Pharmaceuticals Ltd over violations of standard manufacturing practices, thelatest in a series of Indian firms to face such action.

Reliance Communications, India's fourth largest telecom carrier, is building its own mobileapplications as it looks to offer new and enhanced services to retail and enterprise customer .

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