UK based telecom giant Vodafone Plc is expected to announce a huge fund infusion to the tune of USD 5 billion in its Indian arm, reports CNBC-TV18‘s Nisha poddar quoting sources.
"Sharp Corporation has been holding negotiations with several companies regarding our initiatives for management reconstruction such as fundamental structural reforms of our LCD Panel business", Sharp India said in a BSE filing.
Blue Dart Express promoters have express to cut stake in Indian arm, reports CNBC-TV18. At 09:18 hrs the share was quoting at Rs 1,710, down Rs 203.40, or 10.63%. It touched an intraday high of Rs 1,749.00 and an intraday low of Rs 1,530.75.