Clariant Chemicals (India) has acquired the carbon black business from Lanxess India Private Limited, comprising of the carbon black dispersion plant located at Nagda, India together with its respective assets, liabilities and employees as going concern on a slump sale basis for a lump sum consideration of Rs. 13.5 crores, effective from April 1, 2015.
The market remained in a consolidation mode for the second consecutive session today. The Sensex declined 11.71 points to 27945.78 and the Nifty slipped 9.20 points to 8481.80 while the broader markets outperformed benchmarks.
The BSE Midcap and Smallcap indices gained more than 0.6 percent. More than two shares advanced for every share declining on the Bombay Stock Exchange.
Infosys lost 2 percent following weak Q3 forecast announced by its rival HCL Technologies. Country's fourth largest software services firm HCL yesterday said its dollar revenue for the March quarter will see an "adverse impact" of 2.8 percent on strengthening of the greenback against global rivals.
Shares of HDFC Bank, TCS, Reliance Industries, HDFC, Wipro, Coal India and Cipla were marginally lower. GAIL dropped 2 percent. However, Bharti Airtel, Dr Reddy's Labs, Maruti and NTPC topped the buying list, up 1-1.5 percent.
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