Tata Teleservices (Maharashtra) has taken a beating in share price today after it reported that its  net loss has widened to Rs 1,366 crore for its 4th quarter. The company booked an exceptional loss as well via an impairment charge of Rs 905 crore it paid related to 800 Mhz spectrum. The firm had reported net losses of Rs 343.39 crore in the same quarter a year ago. TTML was in the news earlier this month for laying off over 500 of its staff. 

Piramal Enterprises' share price is up by double digits after it reported a  net profit growth of 61% to Rs 311 crore and a strong 46% growth in revenues to Rs 2,463 crore for its fourth quarter.  The company said that it is planning to raise upto Rs. 5,000 crore in funds through multiple modes such as issuance of equity shares, Global Depository Receipts, as well as American Depository Receipts and bonds.