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Transport bandh hit some CAT students
A few students in Hyderabad could not reach the test centres in time to appear for the Common Admission Test (CAT) today, the penultimate day of the computer-based test, due to the bandh call given by the Telangana Rashtra Samithi, a political outfit fighting for a separate statehood for Telanagana.

RIL to drill six new wells in KG-D6 block this year
Reliance Industries, which has proposed to invest $1.5 billion more in developing satellite gas finds in the prolific KG-D6 block, will drill six wells this year.

News of the day

F&O OUTLOOK: Support in new series is expected at 5,000-5,100
The market is likely to be volatile on the last day of the expiry of the December series as rollovers in index and stocks futures on the penultimate day were substantially lower than the same time last month.
Public Company

Two foreign funds sell UB Holdings' shares worth Rs 47.74cr

Two private foreign fund investors have sold shares, worth Rs 47.74 crore, of Vijay Mallya-led United Breweries Holdings through open market transactions. - United Spirits shareholders approve raising $350 mn - Kingfisher returns 19 leased aircraft in 10 months - United Spirits PE deal unlikely to sail through - Kingfisher gets tough on non-performing employees - UB mulls to raise $300-350 mn to reduce debt burden - MCF to invest Rs 500 cr in retail foray Deutsche Securities Mauritius and Crown Capital in two separate bulk deals sold 22 lakh shares, aggregating to Rs 47.74 crore, of United Breweries Holdings, according to the bulk deal available on the National Stock Exchange. Further, on the Bombay Stock Exchange, Deutsche Securities Mauritius sold 30 lakh shares of another UB group firm United Breweries at Rs 142 per share, totalling to Rs 42.60 crore. In a separate deal, Morgan Stanley Management sold 26.36 lakh shares of public-sector lender Union Bank at a price of Rs 244.81 a peice, aggregating to Rs 64.54 crore.


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