Bharti Airtel signs an agreement to acquire Millicom's operations in Rwanda.
Dr. Reddy's settled blister packed products case with US for $5 mn.
Punjab National Bank has allotted 29,76,19,047 equity shares at a price of Rs168 per share aggregating to Rs4999.99cr to Qualified Institutional Buyers.
Tata Consultancy Services has picked up around 2.50 lakh sq ft commercial space at Godrej & Boyce’s factory premises in Mumbai’s eastern suburb Vikhroli on a lease, as per media reports.
NCLT adjourned the hearing of insolvency petitions filed against Reliance Communications to early next month after a group of the telecom operator’s lenders sought time to consider converting the company’s loans into equity, as per media reports.
Pharma stocks in focus today as National drug pricing regulator NPPA on Monday said it has notified prices of 65 essential formulations, including those used for the treatment of diabetes, infections, pain and high blood pressure. In respect of medicines that are not under price control, manufacturers are allowed to increase the maximum retail price by 10% annually.
Welspun India has emerged as the first global textile entity to patent a fibre-tracking technology. The Mumbai-based world’s second largest terry-towel producer developed the technology after a large customer terminated a contract following mislabeling of the provenance of fibre in certain consignments.
Telecom stocks in focus today after Trai has proposed to slash by nearly 80% the fee charged to consumers for porting from one service provider to another without changing their number and has sought comments from stakeholders by December 29.
LT Foods QIP opens with a floor price at Rs 79.13 per share.
Bank of Baroda to consider raising additional funds on Dec. 22.
Supreme Court rules in favor of Kamat Hotels as the prior user of the word “Orchid” in dispute with Orchid Hotels.
Gandhi Special Tubes seeking shareholders’ approval to buyback 8.80 lakh shares at Rs500 each.
South Indian Bank sets one-year MCLR at 8.9% from December 20.
Serum Institute of India sold 7.50 lakh shares or 0.9% equity at Rs18.55 each of Orchid Pharma.
TCG Fund Fund bought 85,000 shares or 0.5% equity at Rs195 each of Rama Steel Tubes.
Mentor Capital bought 2.89 lakh shares or 0.6% equity at Rs114.78 each of Bharat Wire Ropes.
Societe Generale bought 30 lakh shares or 0.1% equity at Rs 496.65 each of Bharti Airtel.
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