Epic Update : Kingfisher Airlines

Epic Update : Videocon

Erroneously releases report of signing deal with Videocon for Mozambique stake
Late night, recalls press release
Says deal at advanced stage but not signed yet.
 
Epic Update : Mahindra Satyam

Mahindra Satyam, a leading global consulting and IT services provider, has entered into a strategic alliance agreement with CollabNet, the leader for Enterprise Cloud Development, to jointly develop and deliver Enterprise Cloud Development, Agile and DevOps solutions in the cloud services space. Mahindra Satyam and Tech Mahindra will work together with CollabNet under this agreement.
 
Epic Update : Indian ADRs

Indian ADRs ended lower on Tuesday.
In the Banking space
HDFC Bank was down 2.69 percent at USD 36.58 and ICICI Bank was down 2.13 percent at USD 40.82.
In the IT space
Infosys was down 1.59 percent at USD 41.58 and Wipro was down 0.94 percent at USD 7.38.
In the other space
Tata Motors was down 1.56 percent at USD 25.28 and Sterlite was down 0.35 percent at USD 5.72.
 
Epic Update : Indian ADRs

Indian ADRs ended lower on Wednesday.

In the banking space

ICICI Bank slipped 2.08 percent at USD 39.97 andHDFC Bank was down 0.27 percent at USD 36.48.

In the IT space

Wipro fell 1.63 percent at USD 7.26 andInfosys declined 1.54 percent at USD 40.94.

In the other space

Tata Motors shed 2.85 percent at USD 24.56, while Sterlite was up 0.7 percent at USD 5.76
 
Epic Update : Indian ADRs

Indian ADRs ended lower on Monday.

In the Banking space

HDFC Bank was down 4.37 percent at USD 33.91 and ICICI Bank was down 1.63 percent at USD 37.39.

In the IT space

Infosys was down 2.32 percent at USD 39.21 and Wipro was down 1.95 percent at USD 7.04.

In the other space

Sterlite was down 2.92 percent at USD 5.32 and Tata Motors was down 2.91 percent at USD 23.04.
 
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