Check out the companies which will be in focus during trade today based on recent and latest news developments.
Sun Pharma: According to report in ET Now, India's leading pharmaceutical company Sun Pharma is set to acquire InSite Vision.
Maruti Suzuki Ltd: RBI has allowed foreign investors to invest up to 40% of the paid up capital in Maruti Suzuki under the Portfolio Investment Scheme.
Bayer CropScience Ltd: Bayer CropScience buy back offer to begin on September 29 and close on October 13, the company said in a BSE filing on Monday.
Havells India Ltd: The company has said in a media repor that devaluation of the yuan would not impact its business as exports form only 10% of the total sales.
Essar Oil: The company will this week shut its 4,05,000 barrel-per-day Vadinar refinery in Gujarat for about four weeks to carry out maintenance work, as per media reports.
Venkys India Ltd: The company announced bonus issue of equity shares to its shareholders, in ratio of one share for every two shares held in the company
Texmaco Rail Engineering: Texmaco Rail & Engineering on Monday said that its Board of Directors has approved acquisition of a majority 76% stake in Bright Power for Rs. 100 crore.
Asian Paints Ltd: Asian Paints (International) Ltd has transferred the entire holding in its subsidiaries to Berger International Limited, Singapore to consolidate investments of the company in overseas subsidiaries.
Dr Reddy’s Laboratories: The pharma company announced the signing of a commercialization deal with Hatchtech, an Australian pharmaceutical company that has developed a prescription head lice product, Xeglyze Lotion.
Siemens Ltd: The company said it has bagged an order worth Rs810mn from Diesel Locomotive Works (DLW), Varanasi.
Ashoka Buildcon Ltd: The company has bagged two road projects worth Rs4.4bn from Karnataka Road Development Corporation Ltd (KRDCL).
Rolta India: The company has received additional 13 million dollar contract for Engineering Information Asset Solution it has designed, developed and deployed for one of the world’s largest petrochemical complexes.
Mahindra &Mahindra Ltd: The Mahindra Group, made its debut into the dynamic and rapidly growing world of Indian e-commerce with the launch of M2ALL.com. This e-marketplace, offers an exciting range of Mahindra products and services and has just begun taking bookings for the new Mahindra TUV 300 compact SUV.
Gayatri Projects: TPCIL (Thermal Powertech Corporation India Ltd.) the joint venture company between Gayatri Energy Ventures Limited (a wholly owned subsidiary of Gayatri Projects) and Singapore based SembCorp Utilities (a wholly owned subsidiary of SembCorp Industries) today announced that it has successfully commenced full commercial operations, following the completion of its second 660 MW unit.
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