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Sun Pharma Announces Voluntary Withdrawal Of 28 ANDAs

Sun Pharmaceutical Industries Ltd has informed BSE that one of the Company's wholly-owned subsidiaries has voluntarily requested the USFDA to withdraw approval for 28 Abbreviated New Drug Applications (ANDAs). These older drug products belong to erst...

HPL Electric Bags Orders Over Rs 100 Crore Stocks Shine 2%

HPL Electric & Power Ltd has received orders of over Rs 100 crore, which include Rs 70 crore for Bhopal Smart City Lighting project and Rs 33 crore for Energy Meters from Southern Power Distribution.Speaking on the occasion of receiving the forma...

8K Miles To Acquire Cornerstone Advisors Group For US$10.25mn

8K Miles Software Services Ltd. announced that the Company’s US subsidiary 8K Miles Software Services, Inc. has entered into a definitive Agreement to acquire Cornerstone Advisors Group, LLC., a leading US Healthcare Information Technology company,...

KEI Industries Signs Technical Collaboration Agreement with M/s Brugg Kabel AG, Switzerland

KEI Industries Ltd, has signed a foreign "Technical Collaboration" agreement with M/s Brugg  Kabel AG, Switzerland based 116 years old group to manufacture Extra High Voltage cables above 220kV and up to 400kV at its manufacturing plant/ facilit...

Welspun Enterprises To Consider Buyback Of Equity Shares

Welspun Enterprises Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on December 22, 2016, inter alia, to consider the option to buyback the equity shares of the Company.Further, with reference to t...

Wockhardt Gains 3% As UK MHRA Says Chikalthana Unit GMP Complied

Mumbai-based pharma company Wockhardt   shares advanced more than 3 percent intraday Tuesday after the UK healthcare regulator said company's Chikalthana facility complied with good manufacturing practice norms. "UK Medicines and Healthcare prod...

Phoenix Mills Up 3%, Tto Acquire 15% Stake In Subsidiary Company

Shares of  Phoenix Mills   advanced 3.3 percent intraday Tuesday as it is going to increase its stake in the subsidiary company. The company has entered into a share purchase agreement for acquisition of 15.18 percent stake in its subsidiar...

Opto Circuits Surges 20% On Order Win Of Rs 91 Crore

Share price of  Opto Circuits India   gained as much as 20 percent intraday Tuesday on order win worth Rs 91 crore. The company and its subsidiaries have received an order worth Rs 91 crore from Philips Health Care for various products manu...

Jai Corp Stocks Up 8%, Bids For Construction Of Navi Mumbai International Airport To Open Early Next Month

Jai Corp Ltd is currently trading at Rs 70.7, up by Rs 5.3 or 8.1% from its previous closing of Rs 65.4 on the BSE. The Company's shares are up following the reports on opening of bids for construction of the Navi Mumbai International Airport. The bi...

Tree House Accuses ZLL Of Trying To Destroy It

After Zee Learn Ltd (ZLL) board announced withdrawing from the proposed merger with Tree House due to "recent inordinate developments" with the latter, Tree House got back at the Essel Group company saying that it was part of their conspiracy to dest...

Ramco Stocks Up By 2.59% After It Bags Deal With UAE-Based Horizon Hospitality Holdings

Ramco Systems Ltd is currently trading at Rs 352.6, up by Rs 8.9 or 2.59% from its previous closing of Rs 343.7 on the BSE.Horizon Hospitality Holdings LLC, UAE-based food service operator, representing brands including ABD El Wahab, Asia Asia, Vapia...

Religare Enterprises Completes 24.82% Stake Buy In Religare Arts Initiative

Religare Enterprises Ltd (REL) completes the acquisition of 24.82% stake in Religare Arts Initiative Ltd (RAIL) from the minority shareholder of RAIL. Consequently, RAIL is now a wholly owned subsidiary of the REL.Religare Enterprises Ltd is currentl...

Lupin Stocks Up After It Launches FDA Approved Voriconazole Tablets

Pharma Major Lupin Limited (Lupin) announced today that it has launched its Voriconazole Tablets, 50 mg and 200 mg and Voriconazole Oral Suspension, 40 mg/mL having received an approval from the United States Food and Drug Administration (USFDA) earl...

Gayatri Projects To Consider Share Split In 1:5 Ratio

Gayatri Projects Ltd has now informed BSE that the meeting of the Board of Directors of the Company is scheduled to be held on December 26, 2016. To consider and approve the sub-division of the nominal value of the equity shares of Rs 10 per share to...

IRB Goa Tollway Receives Rs 241.89 Crore From NHAI

Taking forward government initiatives to revive the construction sector and following the measures approved by the Cabinet Committee on Economic Affairs (CCEA) over the same, directing government agencies to pay "75% of the arbital award amount again...

Laurus Labs Up 12% On Opening Day

The exchange informed that effective from December 19, 2016, the equity shares of Laurus Labs Ltd (Scrip Code: 540222) are listed and admitted to dealings on the Exchange in the list of 'B' Group Securities.On the opening day, Laurus Labs Ltd is trad...

GE Shipping Shares Up Marginally, Takes Delivery Of Supramax Dry Bulk Carrier

The Great Eastern Shipping Company Limited (GE Shipping) took delivery of a secondhand Supramax Dry Bulk Carrier "Jag Radha" (2009 Built) of about 58,000 dwt. The company had contracted to buy the vessel in October 2016.With the inclusion of this ves...

Deep Industries Shares Up Marginally, Board Approves QIB Worth Rs 63.84 Crore

Deep Industries Ltd has informed BSE that the QIP Committee of Board of Directors has at its meeting held on December 16, 2016 approved the issue and allotment of 28,00,000 Equity Shares of Face Value of Rs 10 each to eligible Qualified Institutional...

Majesco Stocks Up 2.22% As N&D Group Selects Majesco Policy

Majesco Ltd, a global provider of core insurance software, consulting and services for insurance business transformation, announced that The Norfolk and Dedham Group have selected Majesco Policy for commercial package in Majesco Cloudlnsurer."We chos...

J&K Bank Posts Rs 602 Crore Loss For Q2 FY17

Jammu and Kashmir Bank Ltd is currently trading at Rs 59.05, down by Rs 1.75 or 2.88% from its previous closing of Rs 60.8 on the BSE. With focus on consolidation, the J&K Bank made total provisions of about Rs 1000 crore during the quarter ended...


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