Tuesday, 30 April 2013

Money Morning- 30-04-2013


Corporate News/Results Corner

· Unilever PLC to raise stake in Hindusthan Unilever Ltd by 22.5% to 75%; To make voluntary offer at Rs 600/share

· Sterlite Industries’ Q4FY13 results beat consensus expectations (Positive for Sterlite Industries, Sesa Goa)

Macro Economic and Other News

· Don’t relax vigil against inflation: IMF to India

· Parliamentary panel recommends enhancing FDI limit in defence

International News

· Japan jobless rate fell to 4.1% in March

· Taiwan economy expanded slower than estimated

· U.S. pending home sales jumps in March

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