Evening Capsule: Here's what made headlines today

Here's the news that made headlines in a nutshell:

- Sensex ends flat, shrugs off 41-month low inflation data

Major equity benchmarks consolidated in trade today and closed flat shrugging off 41-month low April WPI inflation number of 4.89 percent, way below RBI's comfort zone. The Sensex closed at 19722.2 up 30.62 points and the Nifty ended at 5995.40, up 14.95 points. About 1162 shares advanced, 1206 shares declined and 146 shares were unchanged.

- April WPI inflation at 4.89%, lowest level since Nov '09

The wholesale price index (WPI) in April rose 4.89 percent, at its slowest pace since November 2009. The number is way below the CNBC-TV18 poll , which had expected wholesale prices to have risen an annual 5.4 percent in April.

- Ranbaxy to pay USD 500 million in US lawsuit settlement

Drugmaker Ranbaxy Laboratories Ltd pleaded guilty on Monday to felony charges related to drug safety and will pay USD 500 million in civil and criminal fines under the settlement agreement with the US Department of Justice.

- Buyback offer strong confidence signal by mgmt: Aptech

Shares of Aptech surged nearly 9 percent on Tuesday morning, after the IT education firm’s board approved to buyback its equity shares at maximum price of Rs 82 per share from the open market.

- Dr Reddy's Q4 net jumps 67% to Rs 571 cr

Generics drugs maker Dr Reddy's Laboratories ' fourth quarter consolidated net profit surged 67 percent year-on-year to Rs 571 crore, helped by a sharp increase in other income. Revenue for the three-month period gained 26 percent to Rs 3,340 crore, the Hyderabad-based company said on Tuesday.

- United Bank Q4 net plunges 79% on higher provisions

Kolkata-based United Bank of India 's (UBI) fourth quarter (January - March) net profit plunged 79 percent year-on-year to Rs 31 crore, squeezed by a spike in provisions that more than doubled from Rs 307 crore to Rs 759 crore during the same period.

- Jaguar Land Rover sales rise 12% in April at 28,503 units

Sales at Tata Motors owned British Jaguar Land Rover unit rose 12 percent year-on-year to 28,503 vehicles in April, while for the first four months, sales gained 16 percent. Retail sales last month were best ever for April, the luxury saloon and sports utility vehicle maker said on Tuesday.