Check out the companies which will be in focus during trade today based on recent and latest news developments.
Aditya Birla Nuvo: Aditya Birla Nuvo sold 23% stake in life insurance to Toronto based Sun Life Financial for Rs. 1,664 crore, valuing the company at Rs. 7,234 crore.
Bank of Baroda: The Government has ordered a forensic probe into the alleged financial irregularities in outward foreign remittances of ~Rs. 6,000 crore from a Bank of Baroda branch.
Coal India Ltd: Coal India recorded an increase of 30 million tonnes (MT) in its off-take during April-November this year as against 12 MT during the same period last year.
Wipro: The IT company has entered into an agreement with Landesbank Baden-Wuerttemberg (LBBW) to acquire Cellent AG, a leading IT Consulting and Software Services company in Germany for Euro 73.5 million.
Natco Pharma Ltd: The pharma company has announced that its WOS API plant operations at Chennai temporarily suspended due to flooding.
Bharti Airtel: The telecom company announced special schemes to help customers in the flood-hit Chennai, including an offer of crediting a minimum balance of Rs 30 in their accounts.
Tata Steel: The company said that its unit incorporated in Singapore TS Global Holdings signed agreements with a group of 16 mandated lead arrangers for $1.5 billion of loan facilities.
Sun Pharma: The pharma company announced its association with gold medalist snowboarder and 2015 ESPY Best Female Action Sports Athlete Kelly Clark. Through this association, Kelly Clark will share her life experience of living with severe recalcitrant nodular acne and her recent treatment with Absorica (isotretinoin) capsules.
Thomas Cook: The company announced the launch of the ‘Thomas Cook One Currency Card’ –India’s first prepaid travel card with zero cross currency conversion fees, in collaboration with MasterCard Worldwide.
Wockhardt: The pharma company got a regulatory boost after the UK drug regulatory authority (MHRA) cleared its Maharashtra-based Chikalthana facility lifting import restrictions completely.
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