Stock market update: Sensex, Nifty up as Tata Motors, ICICI Bank shares gain

Stock market

Infrastructure Development Finance Co Ltd's October-December net profit rose 21.19 percent to 4.69 billion rupees.

AUTOS

Tata Motors January sales fell 29.5 percent to 61,660 units from a year ago. AIRLINES

Jet Airways India Ltd, which is in advanced talks with Etihad Airways to sell a 24 percent stake, will not cede management control to the United Arab Emirates firm, newspaper Mint reported, citing Jet chairman Naresh Goyal.

PHARMA

A group of U.S. consumers has approached a district court in New Jersey to consider a preliminary injunction for a complete recall of Ranbaxy Laboratories Ltd's generic version of Lipitor, The Economic Times reported.

PROPERTY

The Delhi Development Authority will renew the lease for the Taj Palace hotel in New Delhi's Chanakyapuri, owned by Indian Hotels Company Ltd.

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