TOP CORPORATE NEWS 21st MAY

Zee Entertainment Q4 net profit rises 21% to Rs 218 cr
Zee Entertainment Enterprises fourth quarter (January-March) net profit rising 21 percent year-on-year to Rs 217.5 crore on higher revenues and better operational performance.

VIP Industries gains on robust Q4 earnings
VIP Industries soared 7% after the company's consolidated net profit rose 300% in the fourth quarter ended March 31, 2014. Net sales rose 21.5% during the quarter under review at Rs 226.6 crore against Rs 186.5 crore in the same quarter last fiscal.

Sun Pharma slips after Karkhadi unit gets warning letter from USFDA
Sun Pharmaceutical Industries fell 0.82% after US drug regulator warned that the response to an import ban on one of the company's plants lacked sufficient corrective actions.

UCO Bank Q4 profit jumps 6-fold, asset quality improves
UCO Bank has reported a 5.75 times growth in fourth quarter net profit at Rs 285 crore as against Rs 49.5 crore in same quarter last year. Net interest income grew 15.9 percent to Rs 1,562 crore in the quarter ended March 2014 as against Rs 1,348 crore in corresponding quarter of last fiscal.

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