TODAY TOP MARKET HEADLINES - 12 JUNE 2017

Following are the major headlines

IIP industrial output for April to be announced today at 5:30pm; est. 2.8% y/y (prior 2.7% y/y)

May CPI to be announced today at 5:30pm ; est. 2.43% y/y(prior 2.99% y/y).

GST Council revises tax rates of 66 items; Rates have been reduced for Insulin, pickles, printers, agarbattis, Children coloring books , Exercise note books, school bags, movie Tickets priced below 100 and few other items.

Cadila Health: Zydus' Nesher Pharma Gets USFDA Nod For Nystatin Topical Powder, Used To Treat Fungal Infections In Mouth & Intestines

Aurobindo gets tentative USFDA nod for generic Cigensa Norethindrone Acetate

Strides Shasun promoters raise Rs500 crore from KKR

Motherson Sumi : Set to achieve $18bn by FY19 ahead of earlier guidance by FY20.

Eris Lifesciences IPO to be launched on 16 June, price band set at Rs600-603 per share

Infosys CEO Plays Down Reports Of Exit By Founder Narayana Murthy

UK's Cairn Energy plc has petitioned an international arbitration tribunal against Vedanta Ltd withholding its dividend for last three years.

CCI rejects Airtel's predatory pricing case against Reliance Jio

Cipla sells Yemen business as it seeks to exit noncore segments.

Amtek Auto : Approves issuing 26.8m shares to asset care

Max India to issue warrants to promoter co at Rs154.7/share

Tata Motors: Group’s global wholesales at 86,385 units in May; Co. resolves long-term wage settlement issue in Sanand.

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