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2. TECHNICAL VIEW
MOVING AVERAGE 21 DAYS 50 DAYS 100 DAYS 200 DAYS
NIFTY 8817 8660 8471 8096
BANK NIFTY 19225 19031 18799 17209
NIFTY PIVOT REPORT
DAILY R2 R1 PP S1 S2
8809 8553 8425 8297 8042
WEEKLY R2 R1 PP S1 S2
9609 8873 8505 8137 7401
MONTHLY R2 R1 PP S1 S2
11387 9581 8678 7775 5969
BANK NIFTY PIVOT REPORT
DAILY R2 R1 PP S1 S2
19349 18569 18179 17789 17009
WEEKLY R2 R1 PP S1 S2
21356 19338 18328 17319 15301
MONTHLY R2 R1 PP S1 S2
27832 21928 18976 16024 10120
NSE EQUITY DAILY LEVELS
COMPANY NAME R3 R2 R1 PP S1 S2 S3
ACC EQ 1676 1619 1584 1561 1526 1503 1445
ALBK EQ 109 103 100 96 94 90 83
AMBUJACEM EQ 261 255 253 250 247 244 238
ASIAN PAINT EQ 830 805 792 780 767 755 730
AXISBANK EQ 591 566 556 541 531 516 491
BAJAJ-AUTO EQ 2091 2049 2034 2007 1992 1965 1923
BANKBARODA EQ 175 167 164 159 156 152 144
BANKINDIA EQ 214 205 202 197 193 188 179

3. BHEL EQ 254 243 238 233 227 222 211
BHARTIARTL EQ 412 401 396 390 385 380 369
CIPLA EQ 718 711 708 705 702 699 693
COALINDIA EQ 376 369 367 363 360 356 350
DLF EQ 164 161 160 158 156 155 152
DRREDDY EQ 3606 3545 3515 3484 3454 3423 3362
GAIL EQ 406 395 391 385 381 374 363
GRASIM EQ 3746 3684 3652 3623 3591 3561 3499
HCLTECH EQ 999 986 978 972 964 959 945
HDFC EQ 1351 1331 1320 1311 1300 1291 1271
HDFCBANK EQ 1057 1045 1039 1033 1027 1021 1010
HEROMOTOCO EQ 2718 2680 2663 2642 2625 2603 2565
HINDALCO EQ 137 134 133 132 130 129 126
HINDUNILVR EQ 925 899 889 873 863 847 821
ICICIBANK EQ 330 325 323 320 318 314 309
ITC EQ 336 331 329 326 324 321 317
INDUSIND BANK EQ 914 901 896 888 883 875 862
INFY EQ 2368 2299 2255 2229 2186 2160 2091
JINDALSTEL EQ 168 163 160 158 155 153 148
KOTAKBANK EQ 1361 1338 1329 1315 1306 1292 1270
LT EQ 1805 1769 1757 1734 1721 1698 1662
M&M EQ 1239 1219 1209 1199 1189 1180 1160
MRF EQ 40479 39780 39412 39081 38713 38382 37683
MARUTI EQ 3838 3770 3746 3702 3678 3635 3567
ONGC EQ 331 323 318 314 309 306 297
ORIENTBANK EQ 220 213 209 207 203 200 194
RANBAXY EQ 856 834 821 811 798 789 766
RCOM EQ 64 62 61 60 58 57 55
RELCAPITAL EQ 452 439 431 427 419 414 402
RELIANCE EQ 855 840 833 825 818 810 795
RELINFRA EQ 456 445 439 434 427 422 411
RPOWER EQ 59 58 57 56 55 55.28 53
SSLT EQ 206 198 194 191 186 184 176
SBIN EQ 278 273 269 267 264 262 257
SUNPHARMA EQ 1067 1044 1032 1021 1009 998 975
TATAMOTORS EQ 539 571 561 549 538 527 504
TATAPOWER EQ 81 79 78 76 75 73 71
TATASTEEL EQ 341 330 323 319 312 308 296
UNIONBANK EQ 169 163 159 157 153 151 146

4. NSE WEEKLY NEWS UPDATE
✍ Govt to allot coal mines to PSUs
After two rounds of auctioning of coal blocks for private companies, the government will on
Tuesday allot mines to central and state PSUs. "Allotment of coal blocks to state entities to take
place on Tuesday," Coal Secretary Anil Swarup tweeted. The Coal Ministry had earlier received
107 applications from public sector undertakings (PSUs) like NTPC Ltd , Steel Authority of
India Ltd (SAIL) , Damodar Valley Corp (DVC) and Neyveli Lignite Corp (NLC) for allocation
of 43 coal blocks. The Palma II mine in Chhattisgarh got nine applications, the highest for a
single block. "The allotment process for 43 coal mines to government companies started on
February 18...Maximum number of applications have been received for Gare Palma sector II
coal mine," an official release said. The companies which had applied for Gare Palma II mine
in Chhattisgarh include NTPC, Singareni Collieries Co Ltd, Andhra Pradesh Power Generation
Corp and Gujarat State Electricity Corp. The government has already garnered over Rs 2 lakh
crore by auctioning just 33 blocks, surpassing the Rs 1.86 lakh crore loss estimated earlier by
government auditor CAG for allotment of mines without auction. The government is believed
to have alloted the three cancelled coal blocks, for which JSPL and Balco had emerged as the
highest bidders in the recently concluded auction, to state-owned miner CIL. Parliament last
week approved Coal Mines (Special Provisions) Bill, 2015, which forms part of NDA
government's reforms agenda, in the nick of time on the last day of the first half of Budget
session and the ordinance on this were to lapse on April 5.
✍ RBI allows Sun to transfer Ranbaxy's overseas investments
Sun Pharmaceutical Industries has received RBI nod for transfer of overseas investments of
Ranbaxy to it and issue its shares to the non-resident shareholders of the latter as part of their
USD 4-billion merger deal. In a filing to the BSE, Ranbaxy Laboratories said Reserve Bank of
India on Monday gave approval for transfer of overseas investments held by Ranbaxy in its
joint venture and wholly owned subsidiaries to Sun Pharma, pursuant to the proposed merger of
Ranbaxy with Sun Pharma through a Scheme of Arrangement. The central bank also approved
issue of equity shares of Sun Pharma to the non-resident holders of equity shares of Ranbaxy
Laboratories, the filing added. The two firms have received nod from the Competition
Commission for sale of seven brands to Emcure Pharma to comply with the fair trade
watchdog's conditional nod for their merger. In an order issued yesterday, CCI approved the
deal with Emcure, which would purchase the 'divestment products' that were ordered to be sold
in an earlier direction issued in December last by the Competition Commission of India (CCI).
These seven brands were at the core of the CCI's contention that the merger between Sun

5. Pharmaceutical Industries and Ranbaxy Laboratories was 'prima-facie' in violation of
competition laws and therefore the regulator had ordered divestment of those products under its
'conditional' approval to the deal. Despite sale of these products, the merger would create
India's largest and the world's fifth largest drugmaker. In December, CCI had directed Sun
Pharma to divest all products containing 'Tamsulosin + Tolterodine' which are marketed and
supplied under the Tamlet brand name. Similarly, Ranbaxy was directed to divest all products
containing Leuprorelin which are marketed and supplied under the Eligard brand name. It also
had to divest products such as Terlibax, Rosuvas EZ, Olanex F, Raciper L and Triolvance.
✍ IndiGo heads towards $ 400 mn IPO as air travel booms
India's biggest carrier, IndiGo, is preparing to file documents for a stock listing to raise USD
300 to USD 400 million, two sources with knowledge of the plans said, as it looks to cash in on
a booming air travel market. IndiGo, owned by hospitality and travel company InterGlobe
Enterprises, has remained profitable in the last two years, avoiding much of the turbulence to
hit rival Indian carriers. IndiGo has picked Citigroup, Kotak Investment Bank, Morgan Stanley
and JP Morgan as lead managers for the listing, with UBS and Barclays also involved, the two
sources said. Indigo will file its draft prospectus by the end of May, two sources said. The
timing of the market debut itself, however, is not set, a separate source said, and will depend on
market conditions. Indigo was not immediately available for comment.
✍ Inox Wind IPO subscribed 18 times
The initial public offer of Inox Wind was subscribed 18 times on the last day of the share
sale.The IPO received bids for over 43.08 crore shares as against the issue size of more than
2.32 crore shares.The company has allocated shares worth Rs 306 crore to anchor investors.
This is the biggest IPO since June 2013.
✍ India's industrial growth rate pegged at 1.8%: ASI
The Annual Survey of Industries (ASI) on Tuesday revised the net industrial growth rate to 1.8
per cent for India from 2.8 per cent estimated earlier for 2012-13. The revised estimates of ASI
showed gross capital formation grew at a faster pace of 9.8 per cent in 2012-13, against
provisional estimates of 9.3 per cent growth without adjusting for inflation. Since the ASI
estimates are included in GDP figures, economic growth for the years 2012-13, 2013-14 and
2014-15 is also expected to be revised. The industrial figures given in ASI are in current prices,

6. while the GDP growth is given in constant prices (adjusted for inflation). Industry grew 2.4 per
cent in 2012-13, 4.5 per cent in 2013-14 and is officially projected to grow 5.9 per cent in
2014-15 in the GDP data. India's economy rose 5.1 per cent in 2012-13, 6.9 per cent in 2013-14
and is projected to grow 7.4 per cent in 2014-15 by advance estimates.
✍ CG wins Rs 115 crore order
Avantha Group Company CG has bagged a significant order from Power Grid Corporation of
India Limited (PGCIL) for the supply of 80 MVAR 765kV Shunt Reactors valued at Rs 115
Crore. The scope of this contract to be executed in 20 months includes design, engineering,
manufacture, shop testing, supply, erection testing and commissioning at site, and other
associated civil works. These reactors will be installed at PGCIL’s Vemagiri and Srikakulam
Sub-stations in the state of Andhra Pradesh and will add to the existing population of over 100
CG made reactors already in commission in PGCIL’s UHV network. This order reinforces
CG’s existing leadership in the UHV transmission segment in India and its long standing
relationship with the Central Transmission Utility. As rapid urbanisation and industrialisation
adds millions of new consumers in the country, a robust UHV infrastructure will be the
backbone of the power sector and CG is well positioned to serve the utilities for their future
growth plan with its complete UHV range”.
✍ SEBI passes order against 11 cos raising funds from investors
The Securities and Exchange Board of India (SEBI) has passed orders against 11 companies
that are raising money from a large number of investors without obtaining regulatory approvals
SEBI has barred these companies from raising fresh funds, prohibiting their directors from
dealing in the securities market and barring them from disposing of any assets until a final
order is passed. The companies that have faced Sebi action include Asoka Life Science Ltd,
Astha Techno Realty India Ltd, Cell Industries Ltd, Goldmine Food Products Ltd, GSHP
Realtech Ltd, Infocare Infra Ltd, Jeevan Suraksha Real Estate Ltd, MARS Agrofarm
Developers Ltd, Maxbe Green Provision Ltd, Rista Fisheries and Infrastructure Ltd and
Sunshine Hi-Tech Infracon Ltd. The cumulative amount raised by the 11 entities is nearly
Rs.110 crore, according to the Sebi orders put up on the website of the regulator.

7. ✍ Opposing views: Govt, RBI remain at odds over Monetary Policy Committee
The Finance Ministry may not accept the Reserve Bank of India’s proposal that it should have
complete say in the constitution of the Monetary Policy Committee (MPC), according to a
media report. The central bank is of the view that since the primary responsibility of controlling
inflation lies with it, therefore it should be empowered to constitute the committee, the report
added. Earlier this month, the finance ministry and RBI had signed a monetary policy
framework to curb inflation. The objective of monetary policy is to primarily maintain price
stability, while keeping in mind the objective of growth. The RBI will aim to bring inflation
below 6% by January 2016. The inflation target will be 4% for FY17 and all subsequent years.
In his budget speech on February 28, Finance Minister Arun Jaitley announced RBI and the
finance ministry had agreed to a monetary policy framework including an inflation target of 4%
with a band of 2% on either side. But no details on the composition of a monetary policy
committee (MPC) were announced due to lack of consensus.
✍ SEBI eases IFSC norms for intermediaries
The Securities and Exchange Board of India (SEBI) on Friday allowed any Indian or foreign
stock exchange to set up a subsidiary in an International Financial Service Centre (IFSC). SEBI
on Friday allowed domestic and foreign stock exchanges and clearing corporations to form a
subsidiary to provide their services by having an initial minimum networth of Rs 25 crore and
Rs 50 crore, respectively, which could be enhanced to Rs 100 crore and Rs 300 crore over the
period of three years from the date of approval. These guidelines may be called the Securities
and Exchange Board of India (International Financial Services Centres) Guidelines, 2015. They
shall come into force on April 01, 2015. India’s first IFSC is being set up at Gujarat
International Finance Tec-City (GIFT City) near Ahmedabad in Gujarat.
SEBI said any Indian or foreign stock exchange can form a subsidiary in IFSC where at least
51 per cent of equity capital is held by such exchange and remaining shares should be offered
to any other recognised stock exchange, whether Indian or of foreign jurisdiction.
Besides, the stock exchange or clearing corporation could hold at least 51% of the paidup share
capital and the remaining stake could be offered to any other Indian or foreign stock exchange
or clearing corporation. The regulator has also exempted these intermediaries from certain
provisions such as the stock exchange not needing to credit 25% of its profits every year to the
fund of the clearing corporation which clears and settles trades executed on that stock
exchange.

8. ✍ Idea gains 2% on 3G launch in Delhi
Idea Cellular has touched a high of Rs. 173 in early trade on the BSE following positive news
flow. According to a release issued by the company to the BSE, Idea has launched 3G services
in Delhi on the 900 MHz spectrum. The stock is now up 2 per cent at Rs. 173, and around
25,000 shares have been trades so far at the counter on the BSE.
✍ GMR Infra spurts on debt cutting plans
GMR Infra jumped nearly 2 per cent to touch a high of Rs. 15.85 in opening trades on plans of
reducing debt. According to media reports, GMR Infra plans to raise up to Rs. 4,000 crore over
the next one year through divestment of assets and share sale to reduce debt and improve cash
flow. The stock is now up 1.3 per cent at Rs. 15.75 and around 98,000 shares have changed
hands at the counter on the BSE
✍ Arvind, US Polo to pay settlement amount to RLC
With reference to earlier announcement dated October 10, 2013 regarding the Ralph Lauren
Corporation USA (RLC) had instituted a suit in the United States District Court, against US
Polo Association, USA (USPA) and Arvind Limited, India alleging breach of agreement
between Ralph Lauren Corporation, USPA and Arvind Limited on account of non compliance
in respect of disclaimers to be printed on USPA products sold in India. Arvind Lifestyle Brands
Limited, (ALBL), subsidiary of Arvind Limited, has license to manufacture and market USPA
branded products in India. Arvind Ltd has announced that the Parties thereafter got into good
faith discussions and agreed to enter into an amicable settlement without admission of liability
of any party. Under the terms of the settlement, ALBL and USPA have agreed to pay jointly
settlement amount to RLC. As per the settlement Agreement, ALBL shall pay US $3,200,000 in
full settlement and satisfaction of the dispute between the Parties
✍ Not now! Union Bank postpones plans to raise funds via QIP issue
Union Bank of India has postponed its plan to raise Rs. 1,386 crore fund through qualified
institutional placement (QIP) to the next fiscal, according to a media report. In June 2014,
Union Bank has already taken the approval of its shareholders for extension of approval for
raising capital, the report added. The Bank also plans to raise Rs 2,000 crore capital through

9. issuance of Additional Tier 1 Bonds. It would be Basel III compliant Tier 1 perpetual bonds, the
report further said.
✍ Good bye India! Few foreign AMCs plan to exit India
Many foreign mutual fund houses in India are planning to exit from from the country. The
reports have quoted that foreign AMCs that are planning to exit their business from India
include JP Morgan Asset Management (India) Pvt Ltd, Deutsche Asset Management (India) Pvt
Ltd and Goldman Sachs, according to a report. As of December 2014, JP Morgan Asset
Management (India) had average assets under management of Rs. 14,124 crore, Deutsche Asset
Management (India) Rs. 22,670 crore and Goldman Sachs Asset Management (India) Rs. 6,832
crore.
✍ 395 listed companies lack women directors
Over 395 listed companies are yet to appoint women directors on their boards as on March 25,
even as the SEBI has warned of consequences for non-compliance. "395 of 1,478 listed
companies on the National Stock Exchange (NSE) do not have any female representation on
their respective Boards as on March 25," according to a data compiled by Prime Database.
SEBI vide its circular dated 17th April 2014 has made it mandatory for all the listed companies
to appoint atleast one Woman Director on their Board of Directors by 31st
March, 2015 in
alignment with the requirement of Section 149 of the Companies Act, 2013, under corporate
governance norms. According to Companies Act 2013, all listed companies, and public
companies having a paid-up capital of Rs. 100 crore or turnover of Rs.300 crore, should have a
woman director on their board. SEBI is very serious on the compliance to these norms and has
proactively sought the action initiated to ensure compliance with the aforesaid requirement for
the companies that are yet to appoint a Woman Director on their board. These guidelines, part
of Sebi's Corporate Governance Code, were issued way back in February 2014 and the initial
deadline of October 1, 2014 was extended by another six months. The SEBI warned that there
will not be anymore extensions and strict action will be taken against companies who do not
appoint at least one woman on its board by the end of March 31, 2015. As per SEBI, nearly
one-third of the top-500 listed firms in India do not have any woman member on their Boards
yet.

10. ✍ SBI wins ‘Brand of the Year’ Award at The World Branding Awards in Paris
State Bank of India won the ‘Brand of the Year’ award in banking in India at The World
Branding Awards that took place in Paris, France on March 25th, 2015. The glittering ceremony
at the iconic Hilton Paris Opera honored 50 brands from 22 countries. The second installment
of the World Branding Awards 2014-2015 had an emphasis on food, beverage, luxury, fashion,
lifestyle, hospitality, and service brands. The premiere Awards was held in London last year.
The Awards is organised by the World Branding Forum (WBF), a global non-profit organisation
dedicated to advancing branding standards for the good of the branding community as well as
consumers. It organises and sponsors a range of educational programmes, including
collaborations with leading universities and museums. Other national tier winners from Asia
included China Telecom; Indosat (Indonesia); NTT Docomo (Japan); SK Telecom (Korea); Pos
Malaysia; SMRT (Singapore); and Chunghwa Telecom (Taiwan). Each brand was named
“Brand of the Year” in their respective categories. Global winners included Cartier, Club Med,
Evian, Gillette, Gucci, Hermès, Hilton Hotels and Resorts, IKEA, L’Oréal, Moët & Chandon,
Nike, Prada and UPS.
Top corporate news of the day
✍ UPL is buying a 40% equity stake in Brazilian firm Sinagro group, which is a distributor of
farm inputs-crop protection, fertilisers and seeds in the Cerrado region of Brazil.
✍ Grasim Industries has ventured into retailing women garments made of viscose staple
fibre. The company’s subsidiary, Birla Cellulose, launched the garment brand Liva, which will
be available at 1,000 outlets across 50 cities.
Government is likely to exempt oil producers ONGC and Oil India Ltd from payment of fuel
subsidy in the fourth quarter ending March 31, a senior Petroleum Ministry official said.
✍ NMDC limited will complete the construction of the 3 million tonnes per annum (Mtpa)
integrated steel plant in Nagarnar in Chhattisgarh by 2016.
To capture a pie of the flourishing online retail business, Ashapura Intimate Fashion (AIFL)
plans to launch its own e-commerce venture in April. The launch will coincide with the launch
of physical stores in major cities across the country.

11. The Taj Group announced the opening of Taj Dubai located in the Burj Khalifa downtown area
in Dubai. This hotel has 296 rooms including 2 lavish suites.
✍ SpiceJet plans to lease seven more Boeing 737 aircraft by May while another Rs5bn is
expected to be infused by its new owner Ajay Singh next month.
Prime Minister Narendra Modi is expected to announce a Rs360bn capacity expansion plan for
SAIL's Rourkela steel plant when he inaugurates the modernised unit of the state-owned firm
on April 1.
✍ Union Bank of India has deferred its plan to raise Rs13.86bn fund through qualified
institutional placement (QIP) to the next fiscal. (BS)
✍ GlaxoSmithKline has reached a deal with the British government to supply a new
meningitis B vaccine, following a lengthy stand-off over price with the product's previous
owner Novartis.
✍ Strides Arcolab has launched its generic drug Sofosbuvir in India under the brand name
'Virso'. This drug, which is used for Hepatitis C treatment and is shown to have cure rates of
around 90%, according to Strides officials.
The construction wing of Larsen & Toubro – L&T Construction – has secured orders worth
Rs17.11bn during March.
✍ Jet Airways launched daily international flights to Abu Dhabi from Pune, Ahmedabad and
Mangalore.
To tap into the growing middle class, travel services provider Thomas Cook is working on a
model to reach out to its customers by setting up small outlets in high footfall areas such as
malls and markets.
In the new mechanism for gas based power plants, the key suppliers GAIL and GSPL would
have to fore go 50% of their transmission tariff and 75% of marketing margin in supplying
imported R-LNG, said a senior power ministry official.

12. Eyeing leadership in the Super Sports segment, Bajaj Auto launched the Pulsar Rs. 200 bike,
priced at Rs118.5k and Rs130.3k for the non ABS and ABS versions respectively,
ex-showroom Maharashtra.
✍ With the production of thermal coal on the rise, the government is hopeful that state-owned
Coal India will surpass its 1bn tonne excavation target by 2020.
✍ IRB Infrastructure Developers said it will raise Rs.4.4bn through an issue of shares to
institutional investors.
✍ Mahindra & Mahindra has expressed an interest in buying car designer Pininfarina but no
deal has been reached yet, the Italian company confirmed.
✍ Ultratech Cement said the Rajasthan High Court has “quashed and set aside” a state
government order relating to cancellation of a limestone mine owned by a subsidiary of the
company.
✍ Tata Consultancy Services (TCS) launched a smartphone application here that allows users
to track, analyse and visualise Twitter conversations about the UK General Election to be held
in May.
✍ Emami Ltd has given a new look to a BoroPlus prickly heat powder variant for this
summer, which, Besides providing an antiseptic shield against the harsh weather conditions, the
product formulation of BoroPlus Ice Prickly Heat Powder also offers cool sensation (BL)
✍ Reliance Industries has countered government's assertion that power plants were lying idle
due to fall in output from its KG-D6 fields, saying most of these units were built much before
the fields were even discovered.
✍ Gayatri Projects said it has bagged a contract amounting to Rs1.8bn from Hyderabad
Growth Corridor Corporation Limited for the road stretch between Shamirpet to Keesara.
The Odisha government said it has invited the US-based Alcor Inc and engineering major L&T
✍ Construction Company to discuss their proposals for setting up a helicopter manufacturing
and assembly unit.

13. ✍ HDFC Bank said Andhra Pradesh and the newly-formed Telangana stood top on the bank's
high-growth avenues and added the regions would see expansion in branch network in the next
two to three years.
✍ Sun Pharmaceutical Industries, India's largest drugmaker, announced closure of its merger
with Ranbaxy Laboratories and said the integration will deliver synergies worth $250mn (over
Rs15bn) in three years
State-owned oil and gas explorer ONGC is making an investment of Rs400bn in
Krishna-Godavari basin in a phased manner in the next four years.
Hiking its stake in Delhi International Airport to 64%, GMR Infrastructure will acquire an
additional 10% equity for $79mn from Malaysia Airports Holdings Berhad (MAHB), which is
exiting the venture.
✍ Drug major Cipla announced the launch of generic drug Sofosbuvir for treating chronic
Hepatitis C under the brand name 'Hepcvir', in India.
✍ Hindustan Construction Company Ltd (HCC) has secured an arbitration award of Rs2bn
for the extension of time (EOT) cost claim in Lucknow - Muzaffarpur National Highway
Project.
✍ Tata Motors, India's biggest automaker, has secured board of directors approval for an
Rs75bn rights issue to fund its on-going and future activities.
✍ Rural Electrical Corporation (REC) said it has already sanctioned financial assistance of
Rs57bn to various utilities in the power sector in the ongoing fiscal.
India's third-largest IT services exporter Wipro is setting up a "commando force" unit next
month that will target clients seeking to speed up automation and do more business online, an
executive told Reuters.
✍ Pune-based Praj Industries Ltd (Praj) has signed a memorandum of understanding (MoU)
to become a licensee for bio-fuels company Gevo. The agreement is for producing renewable
isobutanol at sugar-based ethanol plants.

14. ✍ Gujarat State Fertilizers & Chemicals Ltd (GSFC) said it has lined up an investment of
Rs150bn to expand capacity over the next two years.
Public sector undertaking Rural Electrification Corporation Limited (REC) has signed a
memorandum of understanding with the Telangana State Generation Corporation (Genco) to
provide a funding of Rs240bn for the latter's power projects.
✍ Alstom Transport India will supply coaches to Kochi Metro Rail Ltd at a cost that will be
lower compared with the ones supplied to other metro projects in the country.
✍ YES Bank is going for a second round of infrastructure bonds to mop Rs10bn for projects
in transport and energy.
✍ Educomp Solutions has launched SmartclassOnline, an e-learning platform for students,
parents, teachers and the school administration to improve the learning process.

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