Reliance Communications acquired UK-based eWave World for an undisclosed amount. The British company offers WiMAX powered wireless telephony services. Reliance Communications acquired stake through its subsidiary Reliance Globalcom. The stock was trading strong today. At 11 am, the stock was up by 5.05% at Rs 558.

M&M is looking to acquire stake in Automotive Styling Company Stile Bertone. The Italian car styling company has designed Aston Martin, Alfa Romeo, Lamborghini and Ferrari. The stock was up by 1.38% in early session.

Bajaj Hindustan Sugars will announce results today. Sugar stocks have been witnessing action for the past week.

Bharti Airtel, ABB, LIC Housing Finance, Kale Consultants and Shoppers Stop will announce their results today. Investors can see some action in these news based counters.