Axis Bank shares climb over 6% after December quarter results
The stock touched a high of Rs.412.40 in intra-day trade. Gains on the stock were the steepest since 28 February 2015. At 10.24am, Axis Bank was trading at Rs.408 on BSE, up 5% from its previous close, while India’s benchmark index Sensex rose 0.3% to 24,134.30 points.
Foxconn offers $5.3 billion for Sharp, plans to keep management
Taiwan’s Hon Hai Precision Industry Co. Ltd, also known as Foxconn, has offered ¥625 billion ($5.3 billion) to buy Sharp Corp. and has no plans to replace top management, a gesture aimed at reassuring Japanese authorities worried about an overseas takeover, the Wall Street Journal reported.
Intruder shot dead by BSF along India-Pakistan border in Pathankot
A suspected intruder was shot dead early on Thursday by the Border Security Force (BSF) along the India-Pakistan border in Pathankot where the force is on high alert following the 2 January terror attack on air force base.
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